re: DJT - “I don’t want to drive housing prices down. I want to drive housing prices up.”

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These same people telling you that the housing market is fine and young folk are ungrateful were screaming just a year ago + that the economy was in shambles and only Trump could fix it and bring back affordability.

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The same people that repeat the “you will own nothing and like it” constantly

Huntsville is a mid size town. Why is that surprising?

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making $130,000/year.

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If you're making 130K, you can have total payments of 40% of 130K. That is 52K a year, which is $4300 a month. Be modest on your cars, 1 beater and a decent used car ($600 a month). Pay credit cards off. Say you have $1000 in student loans. You're left with $2700 for a mortgage. Payment on a 450K mortgage (nothing down) would be 2550. Assuming you have to pay pmi, you could likely get into a 375-400K mortgage easy enough.

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Huntsville is a mid size town. Why is that surprising?

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What I'm hearing is that people don't want a house. That want THE house they want, IN the location they want at THE price they want to pay.... Good luck.

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Now you’re coming across as angry

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No i just think yall are whiny pooosies.

You’re rage quitting. Most big job centers are located in metro areas much much larger (and expensive) than Huntsville.

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If you're making 130K, you can have total payments of 40% of 130K. That is 52K a year, which is $4300 a month. Be modest on your cars, 1 beater and a decent used car ($600 a month). Pay credit cards off. Say you have $1000 in student loans. You're left with $2700 for a mortgage. Payment on a 450K mortgage (nothing down) would be 2550. Assuming you have to pay pmi, you could likely get into a 375-400K mortgage easy enough.

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You've missed the point entirely.


We're X years in the future and the 90th percentile highest-earning 30 year olds are still only making $130k, but the cheapest starter home/shack/tent available in the entire country to either build or buy now costs $1.2 million. It's also now illegal to cut down trees to construct your own log cabin.

Would your advice to 30 year olds everywhere still be, "It's all up to you, work longer, smarter, and harder and then you might be able to buy a home like I did"? Or there's something very wrong here?

If the first one, how expensive would that cheapest home in the country have to be for you to put the onus on the decision makers to fix?

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highest-earning 30 year olds are still only making $130k,

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That's not reality. If you get a technical degree, you'll get a good job. My advice would be don't get a shite degree. Or don't a degree at all and become HVAC, Electrician, Plumber. Get some experience, then open your own business.

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Or there's something very wrong here?

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It's just how things work. Prices go up. It's no ones responsibility but YOURS to improve your value to a company.

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who promoted 50-year mortgages

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Do you own your home with a 30yr mortgage?

Whats the difference

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You’re rage quitting.

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Don't even know what that means. Honestly don't care either.

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Most big job centers are located in metro areas much much larger (and expensive) than Huntsville.

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Sounds like there is not much benefit to living in those "metro areas" if you can't afford a home.... Move to a smaller location, with a lower cost of living. Make less money and actually buy a decent small home. Will likely have more disposable income due to lower cost of living.

Again you talking about what people "Want". Like my late father would tell me "Want in one hand and shite in the other. Let me know which one gets full first". It pissed me off and I didn't want to hear it. But he was 100% right.