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re: Major social unrest is coming
Posted on 4/26/22 at 12:25 pm to AMS
Posted on 4/26/22 at 12:25 pm to AMS
quote:
millenials would benefit from adjusting expectations/behaviors quite a bit, but that wouldn't solve the problems mentioned above
Honest question here:
If some savvy businessman started building the TINY homes that were mass built post WW2, would young people buy them?
I haven't seen any new construction of 2 BR homes in, well, forever. Was born way after that. All I ever see is the 2-3-4 story condos and personally I'd never want to live on top or below someone else.
Would millennials live in these types of homes if someone started building them in newly developed areas?
I probably would to be honest. Hard to find smaller houses like that except in marginal neighborhoods anymore.
Posted on 4/26/22 at 12:27 pm to Bearcat90
quote:
haven't seen any new construction of 2 BR homes in, well, forever. Was born way after that. All I ever see is the 2-3-4 story condos and personally I'd never want to live on top or below someone else.
In south Louisiana outside of cities they can’t build these neighborhoods fast enough.
Posted on 4/26/22 at 12:27 pm to poochie
quote:
You should see the houses plant baws live in along the River between New Orleans and br.
1. Probably not a welder and cashier
2. They may have had an inheritance
Posted on 4/26/22 at 12:28 pm to Eli Goldfinger
quote:
Probably not a welder and cashier
What? ??? Now it makes sense. You are so disconnected from reality in your big city bubble you have no idea what goes on in the real world.
Posted on 4/26/22 at 12:29 pm to poochie
Oh sure there are affordable homes in that area.
They just won’t be NEARLY as nice as the one my parents purchased new for $26K in 1972.
They just won’t be NEARLY as nice as the one my parents purchased new for $26K in 1972.
Posted on 4/26/22 at 12:32 pm to poochie
Even the suburbs here in Dallas are charging $400k for an entry level new build. My parents bought a 4-2-2.5 2-story new build in the same area for $122k in 1990. The entry level homes in a new subdivision were easily under $100k. Home builders are building HUGE McMansions in new subdivisions in suburbs 20 miles out from city center and that’s it. There are no affordable entry level homes being built unless you want to move 40 miles out.
That leaves older homes that might go for cheaper but need updates/work putting a buyer in the same range for mortgage and remodeling.
There’s something wrong with the fact that that $122k house my folks built is going for $400k on a small lot. That’s 300% increase over 30 years. There’s no way a college grad can afford that.
That leaves older homes that might go for cheaper but need updates/work putting a buyer in the same range for mortgage and remodeling.
There’s something wrong with the fact that that $122k house my folks built is going for $400k on a small lot. That’s 300% increase over 30 years. There’s no way a college grad can afford that.
This post was edited on 4/26/22 at 12:33 pm
Posted on 4/26/22 at 12:32 pm to Eli Goldfinger
quote:
They just won’t be NEARLY as nice as the one my parents purchased new for $26K in 1972.
So maybe don’t by a forever home at 25. Maybe buy a starter home then buy something else as your career progresses.
Still amazed you think so poorly of blue collar workers. They outwork and out-earn your office chair sitting arse.
Posted on 4/26/22 at 12:32 pm to poochie
quote:
What? ??? Now it makes sense. You are so disconnected from reality in your big city bubble you have no idea what goes on in the real world.
In your rush to make me out a fool, you have turned yourself into one.
I was saying that this is what MY PARENTS were…yet they still managed to purchase a home in 1972 that would be totally out of reach for that same couple today.
Posted on 4/26/22 at 12:32 pm to bluestem75
quote:
Even the suburbs here in Dallas are charging $400k for an entry level new build. My parents bought a 4-2-2.5 2-story new build in the same area for $122k in 1990.
Off to Zillow I go…..
328 single family residences listed in Dfw for less than $250k. Let’s liberally kill half of those since they won’t meet your standards. Still over 150.
This post was edited on 4/26/22 at 12:44 pm
Posted on 4/26/22 at 12:33 pm to Bearcat90
quote:
Honest question here:
If some savvy businessman started building the TINY homes that were mass built post WW2, would young people buy them?
I haven't seen any new construction of 2 BR homes in, well, forever. Was born way after that. All I ever see is the 2-3-4 story condos and personally I'd never want to live on top or below someone else.
Would millennials live in these types of homes if someone started building them in newly developed areas?
I probably would to be honest. Hard to find smaller houses like that except in marginal neighborhoods anymore.
I think so. because as you said its hard to find anything approaching reasonably affordable outside of a marginal sketchy neighborhood, which would just end up being another debt trap sinking equity into a shithole neighborhood.
Posted on 4/26/22 at 12:34 pm to poochie
quote:
Still amazed you think so poorly of blue collar workers. They outwork and out-earn your office chair sitting arse.
You are complete imbecile.
Posted on 4/26/22 at 12:37 pm to YumYum Sauce
quote:
fact that a 20 something thinks they deserve a 400k house is laughable
Until you account for the fact that that $400,000 house today cost less than $200 15 years ago when I bought my first house
Posted on 4/26/22 at 12:41 pm to Eli Goldfinger
quote:
$26K in 1972.
$178,000 today with inflation (probably more)
This post was edited on 4/26/22 at 12:41 pm
Posted on 4/26/22 at 12:41 pm to Eli Goldfinger
quote:
You are complete imbecile.
You said a welder can’t afford a nice house unless they have an inheritance. Welders can make 6 figures easily. Plant workers. Field guys. Those people make money and they’re not complaining about student loan debt. But you’re so much smarter than them…
*im not a blue collar baw.
Posted on 4/26/22 at 12:41 pm to jrobic4
quote:
Until you account for the fact that that $400,000 house today cost less than $200 15 years ago when I bought my first house
So then, here’s a thought, look in another area.
Posted on 4/26/22 at 12:41 pm to bluestem75
quote:
That leaves older homes that might go for cheaper but need updates/work putting a buyer in the same range for mortgage and remodeling.
There's that word again. I don't recall starter home ever meaning a new (or newly renovated) home
Posted on 4/26/22 at 12:43 pm to poochie
Nope…I said a welder & cashier in my hometown couldn’t afford the same home today that my parents did in 1972.
As to plant baws having nice homes in the river, I said they probably aren’t welders or they had family money to help.
As to plant baws having nice homes in the river, I said they probably aren’t welders or they had family money to help.
Posted on 4/26/22 at 12:44 pm to weagle99
quote:
$178,000 today with inflation (probably more)
My mom’s home would probably fetch $250 today.
Posted on 4/26/22 at 12:45 pm to JasonMason
quote:I'm completely serious. It's easily the weakest, whiniest, laziest, most spoiled generation this country has ever seen.
It seems you get your picture of a the prototypical millennial from cable news. When you say things like this, it let's me know you aren't a serious person.
Prove me wrong.
Posted on 4/26/22 at 12:47 pm to AMS
quote:
think so. because as you said its hard to find anything approaching reasonably affordable outside of a marginal sketchy neighborhood, which would just end up being another debt trap sinking equity into a shithole neighborhood.
Give me any city anywhere in America and I’ll find you a place that isn’t in a sketchy neighborhood for less than $200k within 20-30 miles.
Name them and I’ll post links to houses that only ultra pretentious people wouldn’t buy.
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