UberEatsDriver
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- Brooklyn keeps on taking it.
History always repeats itself. A $80K house in San Diego in the 80s was considered a housing crisis.
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I know I might get flak for this but some of the housing crisis 'crisis' is that most people want to live where everyone also wants to live leading to the inescapable econ 101 issue of 'supply & demand' pricing.
There are currently well over 15 million vacant homes.
usafacts.org
If folks really want a home, they might need to just start settling into some of these previously vacated neighborhoods and making it livable again.
read a story about a woman who always wanted to live in a big old brick home, she bought just one of these places for nothing, spent years working on it and it looked phenomenal
There are currently well over 15 million vacant homes.
How many vacant homes are there in the US?
Over 15 million American homes — approximately 10% of the country’s housing inventory — were vacant in 2022.
usafacts.org
If folks really want a home, they might need to just start settling into some of these previously vacated neighborhoods and making it livable again.
read a story about a woman who always wanted to live in a big old brick home, she bought just one of these places for nothing, spent years working on it and it looked phenomenal
I know I might get flak for this but some of the housing crisis 'crisis' is that most people want to live where everyone also wants to live leading to the inescapable econ 101 issue of 'supply & demand' pricing.
There are currently well over 15 million vacant homes.
How many vacant homes are there in the US?
Over 15 million American homes — approximately 10% of the country’s housing inventory — were vacant in 2022.
If folks really want a home, they might need to just start settling into some of these previously vacated neighborhoods and making it livable again.
read a story about a woman who always wanted to live in a big old brick home, she bought just one of these places for nothing, spent years working on it and it looked phenomenal
This sounds logical but most of these houses you can't get approved with an FHA loan. Its more to it than people just wanting to live where they want.
Good point, so it sounds like there are policy roadblocks we can work to solve.
I just don't like we have all of these 'burned out' neighborhoods (saying that for the visual) and the solution is not to invest in that but to abandon and build a new development further out in the burbs
I do think some cities are working to make buying some of these abandoned homes super easy to aquire like detroit
World's cheapest home? Detroit-area listing turns heads with $1 price tag. Is it legit?
This.
Also many places with vacant homes have high crime, bad streets and horrible trash pick up. Many ppl don't want to raise families in these conditions.
Moving to small country towns would be good but the economic disparity is the reason the towns are empty. Wfh home Brehs moving to the sticks could help. Then you'd have to consider having a social life (small towns are the worst for this) and finding a girl is harder than usual in the middle of nowhere....
It's alot of factors...
That same house in San Diego now worth $6m lmaoo
UberEatsDriver
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30 years from now we will be saying 6 mill was cheap?
TBH as black people we kind of fukkked it up for the next gen because you move out of these places and gave your tax dollars to cac schools while our neighborhoods suffer and get gentrified. Not Grandmas house in the hood is worth 200k making impossible to downgrade to some people because you have to deal with a bad school system our boomer parents abandoned for the burbs. Trust me I say this as someone whos parents moved from the hood for us to the burbs in FL only for old house to be worth 800k in the hood of LA now
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Most of the "vacancies" are in places without jobs.
That's why they're vacant.
From last year, Free house
FREE LINK - https://archive.ph/0phg5
PAYWALL - https://www.kansascity.com/news/business/development/article262864183.html
There have been a # of these programs all across the Midwest and The West since the damn Louisiana Purchase.
America could fill up on Immigrants and not run out of space - but no one wants to live in the middle of Montana or Kansas.
Canada has the same issue as well. Canada has way more land than they know what to do with - but the places where there are jobs aplenty - are expensive.
The driver of real estate demand is jobs. People want to live near to work, but the mostly want to work, because they like to survive.
If you ever do any oil field work, Midland Odessa/Ft. Mac etc - those places are essentially in the middle of nowhere - and the housing is expensive - because there are a lot of oil workers that need a place to sleep.
Real Estate prices really has not much to do with the land, or the houses, but jobs that are nearby.
No jobs - cheap
Lotta jobs - expensive.
To keep it really real, Landlords are parasites* of the working class.
*And I wish to join their ranks someday.
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well I guess americans will continue to rent a roof over their head and complain when landlord raises rent all the while lamenting 'nobody' will build them an affordable home in an area with lots of jobs and great schools ignoring the places nearby vacacant.
FishNGrits
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you want us to move where there is no work, how are people going to survive with shyt pay? Like I’m not understanding this.
He's got to be trolling.
UberEatsDriver
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People actually do this. They end up stuck or end up moving back to the expensive city they came from.
People are not bright. They see cheap prices and think it’s opportunity only to end up in a shyt hole place or a place with a horrible job market
Ok, let me give you an anecdote. I live in a pretty diverse city, over 50 sq miles that has significant wealth, significant poverty and everything in between.
There is a section of town originally known for its Italian immigrants who have long since left which fell out of favor and disrepair.
Beginning in the very early 2000's, a new group of immigrants has moved, brought new life to the neighborhoods, businesses and bought these old homes to live in and raise their families.
So I am wondering why wouldn't/couldn't 'native' Americans seen the value here and done the same? These people didn't even speak English and this is solidly their place now.
My city has a bunch of these neighborhoods waiting for people to reinvest in within miles of other people making $$$ and it makes no sense to me.
Not trolling and reply as wish, I have said my piece.
Ezekiel 25:17
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I know I might get flak for this but some of the housing crisis 'crisis' is that most people want to live where everyone also wants to live leading to the inescapable econ 101 issue of 'supply & demand' pricing.
There are currently well over 15 million vacant homes.
How many vacant homes are there in the US?
Over 15 million American homes — approximately 10% of the country’s housing inventory — were vacant in 2022.
If folks really want a home, they might need to just start settling into some of these previously vacated neighborhoods and making it livable again.
read a story about a woman who always wanted to live in a big old brick home, she bought just one of these places for nothing, spent years working on it and it looked phenomenal
Say it louder for the people in the back.
Below average and average folks want to live amongst the joneses and clout chase.
