i doubt supply is half of wat it was 10 years ago yet prices are doubled
UPS workers deserve a home but is it too difficult ?
- Thread starter Over70irregs
- Start date
I have NOT been lurking
Degenerate Member
How many Good Boy Points?
I have NOT been lurking
Degenerate Member
mines good at it
Next Day Err
Well-Known Member
Wally
BrownCafe Innovator & King of Puns
Lol, our state gives a small rebate on property taxes. Pay $10k, get $500 back (unless family income is over $150k, then nothing). Fools think they are getting free money, still paying income, sales, gas taxes up the wazoo, yet keep voting Democrat in perpetually.FJB!!!
everyone got their Covid money ( I got $30 ) now look at what happened.
GOVERNMENT NEVER GIVES MONEY OUT UNLESS THEY HAVE SOMETHING UP THEIR SLEEVE
I have NOT been lurking
Degenerate Member
Hot rodding a 80s-90s one
Re-Raise
Well-Known Member
Over70irregs
Well-Known Member
Well kinda…. It’s more like our $ is worth less so you need more of it to pay for the same item. It’s the QE..
Over70irregs
Well-Known Member
Hint:2A
yea i agree QE inflated housing but housing has been bananas since 2000 here anyways...which is maybe when the fed dropped interest rates to nothing bc of 9/11
Pullman Brown
Well-Known Member
God requires ten percent!
Government requires a lot more!
You see the problem here!
Government requires a lot more!
You see the problem here!
Over70irregs
Well-Known Member
I should have snapped up more assets. The quick rate increase was fast.
California Home Values
$744,280
California Home Prices & Home Values | Zillow
The typical home value of homes in California is $765,197. California home values have gone down 44.5% over the past year.
www.zillow.com
Over70irregs
Well-Known Member
Their GDP is still the highest. Amazing Ignore the leaving Cali peopleCalifornia Home Values
$744,280
California Home Prices & Home Values | Zillow
The typical home value of homes in California is $765,197. California home values have gone down 44.5% over the past year.
Babagounj
Strength through joy
Saw a story where someone blamed the Boomers for the house prices being so high.
It's gotten so bad around here that parents are telling their kids that they will never be able to afford the family home.
And to move away to where it is cheaper. Unfortunately, those types of areas are fast disappearing.
It's gotten so bad around here that parents are telling their kids that they will never be able to afford the family home.
And to move away to where it is cheaper. Unfortunately, those types of areas are fast disappearing.
Sacrificial Lamb
Package Shepherd
Over70irregs
Well-Known Member
Building everywhere. Housing is the stock market.
Commercial Inside Release
Well-Known Member
There are 20-40 major problems with the housing market in the US, depending on the market...
Anything from the cost of building materials & a reduced number of contractors (thanks to the 2008 real estate crisis putting them out of business)
To
Ripoff permitting\inspection costs & abusive zoning regulations demanding too many square feet
To
Corporate deep pockets competing for properties against families & AirBNB\vacation rentals reducing supply\increasing costs
To
Higher interest rates & much larger sums of money being financed creating house payments that are out of line with wages\salaries
To
Baby boomers refusing to sell\home equity sucked out & a huge supply of very old houses that should have been demolished but instead were shoddily refurbished, then flipped to some sucker...
There is a full on housing crisis that is probably never going to be resolved.
Soon, everyone will have some homeless guy camping in their yard and *rapping in their garden.
Anything from the cost of building materials & a reduced number of contractors (thanks to the 2008 real estate crisis putting them out of business)
To
Ripoff permitting\inspection costs & abusive zoning regulations demanding too many square feet
To
Corporate deep pockets competing for properties against families & AirBNB\vacation rentals reducing supply\increasing costs
To
Higher interest rates & much larger sums of money being financed creating house payments that are out of line with wages\salaries
To
Baby boomers refusing to sell\home equity sucked out & a huge supply of very old houses that should have been demolished but instead were shoddily refurbished, then flipped to some sucker...
There is a full on housing crisis that is probably never going to be resolved.
Soon, everyone will have some homeless guy camping in their yard and *rapping in their garden.
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