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1
Posted on 9/27/17 at 2:38 pm to ShortyRob
quote:You haven't even attempted to make any point. You are just shivering and spasming on the floor while farting...
You do realize that this goes right to my point
Posted on 9/27/17 at 2:38 pm to Tigerdev
quote:What the frick do you want man?
Still waiting on you to say something..anything...anything at all of substance regarding something I actually posted.
You're posting refutations of your point and you think they support it.
Posted on 9/27/17 at 2:39 pm to RogerTheShrubber
That's fair. But this question is inherently going to be influenced by region and location. I can only speak for the cities I've lived in recently. Northern VA and New Orleans.
Posted on 9/27/17 at 2:39 pm to Tigerdev
quote:
You haven't even attempted to make any point. You are just shivering and spasming on the floor while farting...
Why does the price of a home go up over time? What drives it? Ya know. Like in your examples. What drives it?
Help a guy out here.
Posted on 9/27/17 at 2:39 pm to Centinel
quote:
I think that says more about just how many people we have in this country who make retarded amounts of money...
Jesus H fricking Christ Pile... Are you shitting me.. Are you shitting me private pile? It's not that hard to make near the top of this range or more if you just apply yourself Pile. But you wouldn't want to actually have to apply yourself to make a fricking better living now would you Pile, No.. If God wanted you to make a have more money he would have shoved you out of Melania Trump's snatch now wouldn't he have Pile.
Get the frick down, Pile. Get the frick down off my median house-hold income ladder Pile. You disgust me Private Pile. Get the frick Down.
Posted on 9/27/17 at 2:39 pm to ShortyRob
quote:I don't think you even read my post.
You're posting refutations of your point and you think they support it.
Posted on 9/27/17 at 2:40 pm to NYNolaguy1
quote:i covered that. YOu cant even buy stripper cars anymore. And that’s all one needs to commute.
vehicles that can bring them to and from work.
quote:Have you shopped autos lately?
Is it your impression that this is a statistically important number of vehicles in the average American's home?
quote:So yeah, customer demand. Thanks again.
Theyre wanting to maximize profit by offering the best amenities.
quote:Nothing in NYC real estate is representative of the remainder of America
At least in NYC large building
quote:Are you suggesting over the last two decades there has been a new housing shortage?
most buyers either have to buy from the available inventory
quote:Isnt what builders are building these days (or in he last three decades) Otherwise the average would not be increasing.
For the average family of 2.5 kids, I'd say yes.... 1500 ft2
This post was edited on 9/27/17 at 2:47 pm
Posted on 9/27/17 at 2:41 pm to Tigerdev
quote:
That's fair. But this question is inherently going to be influenced by region and location. I can only speak for the cities I've lived in recently. Northern VA and New Orleans.
Here too, I can't build anything less than 400k but across much of the country you can get a nice place for less than 200k.
Posted on 9/27/17 at 2:41 pm to Eric Nies Grind Time
quote:Exactly. Its great for those of us who got in before this recent upturn but it is really rough now. I have friends in their 30s with decent jobs having to do the roommate thing.
I bought a starter home in Atlanta 2 years ago for 230k.
I could easily sell it for 375-400k right now. Pretty silly.
Posted on 9/27/17 at 2:41 pm to ShortyRob
If I'm selling lemonade. 50 cents a cup. I do it for a while. Business is decent.
Suddenly. I'm inundated with buyers to the point I can't possibly supply enough lemonade for them all.
So. I start selling lemonade for $1. But even at $1, I sell a shite ton more lemonade than I was selling at 50 cents.
Economically speaking.
Did my lemonade get more expensive to buyers?
Suddenly. I'm inundated with buyers to the point I can't possibly supply enough lemonade for them all.
So. I start selling lemonade for $1. But even at $1, I sell a shite ton more lemonade than I was selling at 50 cents.
Economically speaking.
Did my lemonade get more expensive to buyers?
Posted on 9/27/17 at 2:42 pm to Tigerdev
quote:Admittedly,I wish I wasn't.
I don't think you even read my post.
It's depressing that the reality is, most Americans understand economics as well as you.........
Posted on 9/27/17 at 2:43 pm to RogerTheShrubber
quote:In New Orleans that is basically impossible anywhere you would be willing to live. 5 years ago you could have bought a 4000 square foot house on Napoleon Avenue for 400k. Now they list for 800k in the same condition.
but across much of the country you can get a nice place for less than 200k.
Posted on 9/27/17 at 2:43 pm to Taxing Authority
quote:
Taxing Authority
It's hopeless
Posted on 9/27/17 at 2:44 pm to Tigerdev
quote:
I have friends in their 30s with decent jobs having to do the roommate thing.
This has always been an issue and the answer is roommate, move or lower standards. I've got a coworker in his 50s who has a roommate but he's also got two homes in Michigan.
Posted on 9/27/17 at 2:45 pm to ShortyRob
Are you still going on about supply and demand? We get it. You took a 100 level economics class when you were 18.
We are talking about impact to achieving the middle class lifestyle. Not causality you sniveling little troll.
We are talking about impact to achieving the middle class lifestyle. Not causality you sniveling little troll.
Posted on 9/27/17 at 2:46 pm to Tigerdev
quote:
Are you still going on about supply and demand? We get it. You took a 100 level economics class when you were 18.
LOL. Mmkay.
quote:And, the EVIDENCE that YOU are supplying shows that the impact is less.
We are talking about impact to achieving the middle class lifestyle. Not causality you sniveling little troll.
You do realize homes don't just "list" for prices, right?
Posted on 9/27/17 at 2:47 pm to Tigerdev
quote:I'm trying to dumb it down to 100 level because, clearly, you didn't do well there.
We get it. You took a 100 level economics class when you were 18.
Posted on 9/27/17 at 2:49 pm to ShortyRob
quote:Actually, you haven't really said much of anything. You just keep screaming and asking inane questions. I can't find one point you tried to assert or lay out in your entire meltdown in this thread.
I'm trying to dumb it down
Who melts in a "What is the income range for "middle class" thread?
Posted on 9/27/17 at 2:49 pm to Tigerdev
quote:Well, let's see . . .
If you look at my posts i said that the income vs housing price issue was related to certain areas...a lot of cities.
quote:So in responding to my national observations, your "many areas" referred to dozens of exceptions? Is that your point?quote:That's all good and fine but housing prices have risen at a higher rate than income in many areas. This has a huge impact on affordability.
Housing "costs" are a function of price and lending rates. Lending rates remain near historic lows. Prices are aligned with historical norms, albeit at far better construction quality.
We are far from the Jimmy Carter days of linoleum floors, formica counters, hollow 5lb doors, cheap built-ins, one-car garages, etc. all at 18% 30yr rate
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