When Will Houses Go Back To Fukkin Normal Prices????
- Thread starter Prince.Skeletor
- Start date
The proposed Newman solution will only drive housing prices up even further tho, and the people who can't even save up the 20% down payment for the house in the first place that need the grants will be the main ones suffering. Down payment assistance is a terrible idea. Find ways to lower the value or increase the supply with lower value homes, don't just give down payment money to people who can't save up to make a down payment. They probably won't be able to maintain living in that house without more payment assistance.
Ezekiel 25:17
Veteran
This or get a roommate or move back home.
If you can stack $1500/month you can have a nice down-payment in about 2 years.
A lot of people are in relationships which makes it much easier to buy a home. If you solo, it's definitely harder.
Hater Eraser
Veteran
I hope you're not waiting on me to solve the housing crisis
No but every time someone comes with an idea for brehs .. you in here trying to shoot it down
Ask your grandparents when prices ever got back to their normal.
Spoiler: no.
That’s capitalism. Prices only ever go up and settle/consolidate for a while. If prices go down, on a wide scale, shyt just got real (see 2008 and the Great Depression).
Spoiler: no.
That’s capitalism. Prices only ever go up and settle/consolidate for a while. If prices go down, on a wide scale, shyt just got real (see 2008 and the Great Depression).
Last edited:
Hater Eraser
Veteran
The proposed Newman solution will only drive housing prices up even further tho, and the people who can't even save up the 20% down payment for the house in the first place that need the grants will be the main ones suffering. Down payment assistance is a terrible idea. Find ways to lower the value or increase the supply with lower value homes, don't just give down payment money to people who can't save up to make a down payment. They probably won't be able to maintain living in that house without more payment assistance.
Get you a house brehs .. dont listen to this circle jerk
Mike Nasty
Superstar
True, but I think they are bad ideas.No but every time someone comes with an idea for brehs .. you in here trying to shoot it down
Post a house that went from 250k to 600k
Have you looked at moving to a different area in your city? That’s what normal people do when look to buy a house
I don’t know anyone that bought a house in the immediate area they were renting in
To people on the internet a crash means everything is affected other then their pockets and livelihood
Ezekiel 25:17
Veteran
Good post.
I think the surefire way of affording a home is
-Getting a valuable skill
-Setting expectations on your salary
-If your current salary ain't enough, work towards a pay raise or apply for other jobs
A lot of people accept whatever salary is given to them, not realizing workers too have power in the job market.
Nobody knows what's gonna happen until it happens but there will be radical consequences for this country not making it achievable for the average household to afford the average home. I just don't know in what form those consequences will be yet.
Sorry, but i disagree. As long as politicians are at the mercy of big time donors and corporations, nothing will fundamentally change. That Citizens United ruling by the SC years ago will be the undoing of a lot of things in this country. Donors and big corporations have their hands in the pockets of everything. Big time real estate companies and property development companies make sure to get people of their choosing into office, and then they pull the strings to make sure that they pass laws that they approve of, or oppose laws that hurt their bottom line.
The American population is too weak and timid to ever make enough noise to change things. As long as crappy politicians keep getting elected into office, nothing will fundamentally change.
I do have equity to flip my home into a sizable amount on a different one but what I've seen is that I would probably end up paying close to what I already pay. At least now. I would like to do that if I get married and we both have homes. We'd be sitting real nice then. How long ago did you flip and what made you decide to?
