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Started By
Message
re: Here’s how and why our kids can’t buy a house. Thanks Obama.
Posted on 7/26/25 at 9:30 am to IMSA_Fan
Posted on 7/26/25 at 9:30 am to IMSA_Fan
Dumbest shite I have read all day. So let me get this straight.. first time home buyers are only buying brand new houses? Are they too good and snooty to buy used houses?
2
Posted on 7/26/25 at 9:33 am to Geekboy
Well, rent should be free because he does live in the heads of many without payment
Posted on 7/26/25 at 9:33 am to FLTech
All housing, new and used, is overpriced.
Housing in desirable areas, both new and used, is incredibly overpriced.
Housing in desirable areas, both new and used, is incredibly overpriced.
Posted on 7/26/25 at 9:37 am to SlowFlowPro
quote:You said "Millennials had their careers neutered."
Neutered is a term reflecting permanence.
Yes, that doesn't make it "insurmountable" on the individual level
Now what?
By "Millennials" you claim to have meant 3 or 4 individuals rather than the bulk of Gen-Y?
Posted on 7/26/25 at 9:39 am to NC_Tigah
quote:
You said "Millennials had their careers neutered."
Over the entire population, yes, which has been shown statistically. I've posted the data for years.
quote:
Now what?
Keep to what I said and not a strawman you used ("insurmountable")
Posted on 7/26/25 at 9:40 am to SlowFlowPro
quote:
Over the entire population, yes,
We all have, its not unique to Millennials.
Posted on 7/26/25 at 9:46 am to SlowFlowPro
quote:
His point was that Trump didn't stop this and added other variables (trade war, increasing costs of material/labor, etc.)
It’s not a “war” if it’s nothing but victories you stupid liberal frick.
How any person cannot objectively look at basic finance in this country and argue that every single American (aside from the grifters/thieves) is better off now than we were 7 months ago is a liar.
Posted on 7/26/25 at 9:48 am to FLTech
Not always - but established homebuyers should be buying new homes then selling their old home to first time homebuyers
Posted on 7/26/25 at 9:50 am to SlowFlowPro
quote:Either it was insurmountable, or most of the entire population electively became career eunuchs.
Over the entire population, yes, which has been shown statistically. I've posted the data for years.
Regardless, you contend it's been shown statistically that the careers of the majority of millennials were "neutered"? Really? Detail that for the rest of us.
Posted on 7/26/25 at 9:53 am to SlowFlowPro
quote:
This is one of those POV issues. Will housing in lower class/poorer areas become cheaper? Likely. Will this affect the homes that are being discussed on a message board primarily of college-educated professionals who want to live in a nice area? Not much
For people that are starting out getting married and buying their 1st homes, it will.
I live in a very affluent suburb outside of Memphis. There are hundreds of nicer homes where illegals live that may hit the market at some point. Many are rented by illegals.
So, I see your point but there are plenty in nicer areas as well.
Posted on 7/26/25 at 9:54 am to dickkellog
Very few 30 year olds are making $160/year.
Posted on 7/26/25 at 9:57 am to RogerTheShrubber
The value of real estate outpaced wages. Rates helped keep things affordable but that ride is over. Also, stretching mortgage terms from 20 to 30 years, coupled with more two income households, helps homeowners cash flow, but that only gets you so far.
We’ve just hit the wall.
We’ve just hit the wall.
This post was edited on 7/26/25 at 10:48 am
Posted on 7/26/25 at 9:57 am to IMSA_Fan
bless your liberal, brainwashed heart/brain.
Posted on 7/26/25 at 10:06 am to Warrior Court
quote:
Very few 30 year olds are making $160/year.
depends on what circles you run in....of course most that you know draw welfare checks.....so no, they don't make much legally.
Posted on 7/26/25 at 10:12 am to IMSA_Fan
Get rid of illegals who are consuming housing, helping suppress wages, and who are stealing from our social benefit programs.
We.will be better off!
We.will be better off!
Posted on 7/26/25 at 10:14 am to Mandtgr47
quote:
depends on what circles you run in....of course most that you know draw welfare checks.....so no, they don't make much legally.
So you run in the top 1% but decide to spend all your time on this message board lol
If your trailer popped a tire, it would bankrupt you
Posted on 7/26/25 at 10:18 am to IMSA_Fan
Ahhhh comrade. You have much to learn.
Posted on 7/26/25 at 10:21 am to IMSA_Fan
quote:
I still have yet to some tell me 1 thing Trump has done to address the housing affordability crisis in his 4.5 years in office
It is not an easy solution. The years of low interest rates totally screwed up the housing market. Prices spiked cause people could buy houses for 3% or less interest and the note wasn’t bad. Home prices shot up. Now, that note is about double for the same house price.
People who bought their house with cheap interest aren’t going to drop the price so buyers with a high interest rate can afford to make the payment.
It is really easy to make home prices rise. It is really, really hard to get them to drop. It will take a depression to do that. And that still might not be enough.
This is pretty much purely a Fed created issue by keeping interest rates so low for so long while pumping/printing money into the economy.
Posted on 7/26/25 at 10:45 am to RogerTheShrubber
quote:So Biden didn't happen? I admit bailouts fueled it and covid screwed up the workforce but it was only a part. TDS seriously can't cause that much delusion, can it?
Covid fricked up the market again,
The bailouts and stimuluses that came in 2020 will go down as one of the biggest mass thefts in USA history.
Posted on 7/26/25 at 10:51 am to LSU7096
An influx of available housing should stabilize values, but there will be a slump in new construction too.
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