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1
Posted on 3/14/25 at 1:51 pm to RollTide4547
Lol.
Posted on 3/14/25 at 1:51 pm to RollTide4547
quote:
16 year olds are not buying houses.
But the people who ARE buying houses were 16 once. You said you bought a car at 16. I’m presuming that car allowed you to get a better job, get to school or training or further your education in some way, which allowed you to increase your income. Someone who isn’t in a position to buy a car at 16 because they live in a rural area without access to jobs, how are they supposed to work or further their education? How are they supposed to be able to buy a house ever? Its all related.
This is part of why people choose to live in cities: to be close to vocational and educational opportunities.
quote:Do only people who own their own vehicles fit into this category? Absolutely not. These people still need to be able to get to work.
I was talking about the people looking for a home and not able to purchase one
quote:
If I (and millions of other people because I'm not special) can do it, why can't others?
I’m trying to get you to understand how someone would not have access to the same things you had access to that enabled you to have the life you have now.
Posted on 3/14/25 at 1:52 pm to crazy4lsu
quote:Don't care.
what generation I am.
The numbers don't lie. Those in the late 70's and 80's had it worse.
Posted on 3/14/25 at 1:52 pm to Boss
quote:
bitching about not being able to afford a 500K house GTFO.
I mean, I think the problem is that fixer uppers in places can run 500 K.
Posted on 3/14/25 at 1:52 pm to AubieinNC2009
quote:
well one problem is no one wants a "starter home" or fixer up anymore because it doesn't look good on instagram and YouTube.
Those people have a rude awakening coming.
Posted on 3/14/25 at 1:54 pm to Boss
quote:housing is absolutely a political issue. Government policies have impacted housing for generations.
This isn't a political issue though. It's a finanical one.
Posted on 3/14/25 at 1:55 pm to 4cubbies
quote:Adapt and overcome. Join the military. They'll give ya 3 hots and a cot. Get the GI-bill. Do your time. Get out. Get a degree (STEM). Get a good job. Worked for me.
How are they supposed to be able to buy a house ever?
This post was edited on 3/14/25 at 1:57 pm
Posted on 3/14/25 at 1:56 pm to GeauxTigers123
quote:
I mean, I think the problem is that fixer uppers in places can run 500 K
Link?
SHow me places and I guarantee two things. There are options in that area AND the average income is higher in those areas.
Posted on 3/14/25 at 1:58 pm to RollTide4547
quote:
Join the military.
Is that what you did? Since you keep making this about you, why should people have to do something you weren’t willing to do in order to buy a house?
Posted on 3/14/25 at 1:59 pm to 4cubbies
quote:Is there something that you don't understand about "worked for me"?
Is that what you did?
Posted on 3/14/25 at 2:01 pm to 4cubbies
So cubbies what is your solution. Give free money to Gen Z so they can buy houses? Please tell us, old wise one, your political solution to this perceived mess.
Posted on 3/14/25 at 2:02 pm to Boss
quote:
Everyone blames Biden and Covid. Trump was equally bad, and contributed to the influx of money. You guys forget it. They were both terrible.
Most of what you listed is what I called Covid. I thanked Covid. I don't think it was handled well by either president, but it was something we've never experienced and frankly was a bit of a no-win situation.
The "& Biden" in my thanks was related to the post-Covid Biden spending.
Posted on 3/14/25 at 2:05 pm to RollTide4547
quote:
Is there something that you don't understand about "worked for me"?
Your post is edited but ok.
Let’s hope no one with epilepsy, diabetes or colorblindness ever wants to own a home.
Posted on 3/14/25 at 2:06 pm to Boss
quote:
So cubbies what is your solution.
The solution is to build more housing, specifically to increase density, as long as capital inflows are what they are. That solution helps everyone but is hard to sell in places which were originally zoned for single family.
Posted on 3/14/25 at 2:07 pm to 4cubbies
quote:Nothing personal, but are you a woman? My wife argues the same way. Ha ha. There are MANY other ways, just have to have the determination to accomplish it.
Let’s hope no one with epilepsy, diabetes or colorblindness ever wants to own a home.
Posted on 3/14/25 at 2:07 pm to BhamTigah
2017 $665 billion Pre-tax cuts, stable spending.
2018 $779 billion Tax Cuts and Jobs Act (revenue drop).
2019 $984 billion Continued tax cuts, spending increases.
2020 $3.1 trillion COVID-19 pandemic response.
2021 $2.8 trillion Continued pandemic relief efforts.
2022 $1.4 trillion Reduction in pandemic-related spending.
2023 $1.7 trillion (est.) Inflation control measures, recovery.
2024 $1.5 trillion (est.) Ongoing high spending, slower recovery.
I mean they were both pretty bad. Covid fricked everything Whether Biden or Trump was there, inflation was happening, and we would be in this situation.
2018 $779 billion Tax Cuts and Jobs Act (revenue drop).
2019 $984 billion Continued tax cuts, spending increases.
2020 $3.1 trillion COVID-19 pandemic response.
2021 $2.8 trillion Continued pandemic relief efforts.
2022 $1.4 trillion Reduction in pandemic-related spending.
2023 $1.7 trillion (est.) Inflation control measures, recovery.
2024 $1.5 trillion (est.) Ongoing high spending, slower recovery.
I mean they were both pretty bad. Covid fricked everything Whether Biden or Trump was there, inflation was happening, and we would be in this situation.
Posted on 3/14/25 at 2:07 pm to Harry Boutte
quote:
840 sq. ft. house
quote:
$275k
I can't believe no one is jumping at that attractive $327/SF price point for likely a really old house.
For comparison, the average PPSF in the US is $244.
Posted on 3/14/25 at 2:08 pm to Boss
quote:
So cubbies what is your solution.
I haven’t been able to solve the housing crisis just yet but I have some ideas.
Eradicate short term rentals in residentially zoned neighborhoods. Prohibit or at least limit the number of homes private equity can purchase.
Posted on 3/14/25 at 2:10 pm to crazy4lsu
So your solution is high density housing? Hasn't that historically been proven to not maintain values or increase values like single family homes do? Aside from Seattle which has an inordinate amount of single family homes in the city, most big cities within the city proper are high density non-single family units.
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