You which area's did i live or the type of housing?
Will housing ever be affordable again?
- Thread starter winb83
- Start date
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The Wall Is Undefeated!
Superstar
LVT (Land Value Tax) will sort out rich people and corporations owning vacant multiple homes.
skyrunner1
Superstar
From like 2009 to 2021 housing was low and interest rates were cheap.. That is a pretty large window to have gotten something moving honestly.. shyt didnt flip til the streets was flooded with money and inflation hit, I saw them lines at Louie V and such, the CEO didnt rocket to #1 in the world for no reason..
Either way there are still oppportunities out there but it is definitely that much harder, I have become a reluctant buyer and kinda changing what I look for, more into building own product from ground up and/or Apt buildings but commercial looking kinda crazy in the lights
Either way there are still oppportunities out there but it is definitely that much harder, I have become a reluctant buyer and kinda changing what I look for, more into building own product from ground up and/or Apt buildings but commercial looking kinda crazy in the lights
So in always living in places that didn't cost anything, you've never had to make the choice you're telling other people to make.
Breh i don't like to drag out convo's over several days, but I did make the choice, clearly. Why would you think based on what i said that i ever move to an expensive place to live?
There’s plenty of affordable housing y’all just don’t want to live in those places
How did you make the choice when you've always lived in these low cost areas? Cincinnati is likely the costliest place you've been. Every person isn't born in a low COL area.
There’s plenty of affordable housing people just don’t want to live in those places
I refinanced in 2021 to 2.3%. And at the time I did it reluctantly. My monthly mortgage payments didn't really drop but the amount of interest I shaved off was huge. I'm glad I did it.
Its not going to change.
A big part of this is that more people are also remaining single for much longer (or never get married at all).
This society was not setup for single people. People who can successfully maintain a relationship will do much better financially
A big part of this is that more people are also remaining single for much longer (or never get married at all).
This society was not setup for single people. People who can successfully maintain a relationship will do much better financially
There also has to be infrastructure in place to support a massive influx of people to different areas.
Jobs, recreational activities, public transportation etc
There are clear examples of cities being overwhelmed when remote workers changed locations during the pandemic
![[Something Cool]](/data/avatars/m/1/1586.jpg?1601998769){kind=avatar}
[Something Cool]
Not a Well-Known Member
The HOA fees in CA are fukking ridiculous. I showed a client 3 condos yesterday and the HOA fees were $500 to $600 by themselves lmao. It’s an investment property so I could still make numbers work.
The only homes I get for sellers are from probate and I have cash buyers. The rates aren’t expected to get back to 5% until 2025 and then there will be so much demand for those properties the prices will stay high. I have a 3.4% rate for my house. I’m never selling that shyt lol.
The only homes I get for sellers are from probate and I have cash buyers. The rates aren’t expected to get back to 5% until 2025 and then there will be so much demand for those properties the prices will stay high. I have a 3.4% rate for my house. I’m never selling that shyt lol.