Why can't young people afford houses?

31,136 Views | 382 Replies | Last: 4 hrs ago by boognish_bear
Redbrickbear
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J.R.
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historian said:

The fascists want everyone to live in large cities where they can be more easily controlled and where they can be bullied, bribed, terrorized, propagandized, and cajoled into voting for them every time.

Does anyone want to ride on a NYC subway any time soon? Does anyone want to live in a place like NYC where criminal activity is commonplace?
I much prefer living in large cities. I could and would not live in a small town. To each their own.
historian
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That's the key: give people the freedom to make their own choices. I would hate to be in a large city where traffic & crime are constant problems and the cost of living is much higher. But I do like access to museums, symphonies, opera houses, & other cultural options along with international airports. People will decide based upon their own preferences. That's what freedom looks like.

The problem is with politicians trying to decide for everyone & abusing govt power to force everyone into their choices.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Redbrickbear
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muddybrazos
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J.R. said:

historian said:

The fascists want everyone to live in large cities where they can be more easily controlled and where they can be bullied, bribed, terrorized, propagandized, and cajoled into voting for them every time.

Does anyone want to ride on a NYC subway any time soon? Does anyone want to live in a place like NYC where criminal activity is commonplace?
I much prefer living in large cities. I could and would not live in a small town. To each their own.
I lived in Dallas for basically my whole life until I left there 8 years ago. I dont want to ever live in a mega metro area again. Small city life is for me. I dont really plan on moving again but if I do it will be to an even smaller town like Bluffton, SC or Fernandina Beach, FL. Of course Bluffton is right by Hilton Head and like 40 mins to Savannah so its not exactly like a country town or anything and same w/ Fernandina bc its like 30 mins to Jacksonville.
historian
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I like living in smaller or medium sized cities within a reasonably short distance of a larger city, but not a suburb. My home town, New Braunfels, is a good example and probably classifies as an exurb. Waco is ok too because it's within 2 hours of the Metroplex & Austin. Bryan / College Station also fits. I like a city to have basic amenities without huge traffic issues, crime problems, or a high cost of living.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
muddybrazos
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historian said:

I like living in smaller or medium sized cities within a reasonably short distance of a larger city, but not a suburb. My home town, New Braunfels, is a good example and probably classifies as an exurb. Waco is ok too because it's within 2 hours of the Metroplex & Austin. Bryan / College Station also fits. I like a city to have basic amenities without huge traffic issues, crime problems, or a high cost of living.
Agreed, if I come back to Texas I would probably move to Granbury or Cleburne.
historian
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Texas has a lot of cities that would be suitable.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
nein51
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historian said:

Texas has a lot of cities that would be suitable.

Maybe. It's getting awfully expensive to live in some of those cities. COL in Waco is probably close to 100% higher than it was in 2005. I was renting a 4BD house on an acre just outside Woodway for $400/mo. I bet that house would sell for over $300k easily now and I could have bought it for $100ish.
historian
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Bidenflation has made it expensive to live everywhere.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
Redbrickbear
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muddybrazos said:

historian said:

I like living in smaller or medium sized cities within a reasonably short distance of a larger city, but not a suburb. My home town, New Braunfels, is a good example and probably classifies as an exurb. Waco is ok too because it's within 2 hours of the Metroplex & Austin. Bryan / College Station also fits. I like a city to have basic amenities without huge traffic issues, crime problems, or a high cost of living.
Agreed, if I come back to Texas I would probably move to Granbury or Cleburne.

Don't sleep on Tyler

Nice place....and growing quickly
muddybrazos
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Redbrickbear said:

muddybrazos said:

historian said:

I like living in smaller or medium sized cities within a reasonably short distance of a larger city, but not a suburb. My home town, New Braunfels, is a good example and probably classifies as an exurb. Waco is ok too because it's within 2 hours of the Metroplex & Austin. Bryan / College Station also fits. I like a city to have basic amenities without huge traffic issues, crime problems, or a high cost of living.
Agreed, if I come back to Texas I would probably move to Granbury or Cleburne.

Don't sleep on Tyler

Nice place....and growing quickly
Do you still have to drive 30 miles to get beer over there? If so i'd move to Longview.
Redbrickbear
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muddybrazos said:

Redbrickbear said:

muddybrazos said:

historian said:

I like living in smaller or medium sized cities within a reasonably short distance of a larger city, but not a suburb. My home town, New Braunfels, is a good example and probably classifies as an exurb. Waco is ok too because it's within 2 hours of the Metroplex & Austin. Bryan / College Station also fits. I like a city to have basic amenities without huge traffic issues, crime problems, or a high cost of living.
Agreed, if I come back to Texas I would probably move to Granbury or Cleburne.

Don't sleep on Tyler

Nice place....and growing quickly
Do you still have to drive 30 miles to get beer over there? If so i'd move to Longview.

No....its wet now

[In 2012, voters in Smith County approved the sale of beer and wine for off-premise consumption]

nein51
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historian said:

Bidenflation has made it expensive to live everywhere.

He's not the only one to blame for that.

As cities, like Waco, grow and become viable alternatives to living in places like DFW or Austin, cost of living rises.

Magnolia didn't help (only in terms of pricing) by making Waco cool and hip.

Then you add Cali transplants.

All of that massively drives up pricing.

Frankly, you could also add Trump's historically low interest rates as a massive driver of home price inflation.
historian
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No. It's not all on Biden but he has earned most of the blame.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
ScottS
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Redbrickbear said:

muddybrazos said:

Redbrickbear said:

muddybrazos said:

historian said:

I like living in smaller or medium sized cities within a reasonably short distance of a larger city, but not a suburb. My home town, New Braunfels, is a good example and probably classifies as an exurb. Waco is ok too because it's within 2 hours of the Metroplex & Austin. Bryan / College Station also fits. I like a city to have basic amenities without huge traffic issues, crime problems, or a high cost of living.
Agreed, if I come back to Texas I would probably move to Granbury or Cleburne.

Don't sleep on Tyler

Nice place....and growing quickly
Do you still have to drive 30 miles to get beer over there? If so i'd move to Longview.

No....its wet now

[In 2012, voters in Smith County approved the sale of beer and wine for off-premise consumption]



I've heard there is no party like a Smith County party.
boognish_bear
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At the five minute mark they discuss the possibility of Texas legislatures taking on rising homeowners insurance costs

Redbrickbear
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historian
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That's Bidenflation for you. Obviously, there's more to it than Biden but the most dramatic & most significant negative impacts on the economy over the past decade has resulted from his idiotic & destructive policies.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
VaeBear
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Anybody else's home owner's insurance going up like crazy?
boognish_bear
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VaeBear said:

Anybody else's home owner's insurance going up like crazy?


It's out of control. The LA fires won't help.
muddybrazos
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VaeBear said:

Anybody else's home owner's insurance going up like crazy?
My car insurance has gone up like crazy. I have 3 vehicles and pay 290 a month. That seems like highway robbery.
boognish_bear
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muddybrazos said:

VaeBear said:

Anybody else's home owner's insurance going up like crazy?
My car insurance has gone up like crazy. I have 3 vehicles and pay 290 a month. That seems like highway robbery.


I've got 2 kids under 25 years old driving and 4 vehicles and pay $540 a month. That's with all clean driving records. It's nuts.
Redbrickbear
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boognish_bear
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VaeBear said:

Anybody else's home owner's insurance going up like crazy?


Just got our renewal. It's up $750 from last year. Time to shop around I guess.
boognish_bear
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historian
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How sad it is that someone would find it refreshing that a news article includes an understanding of economic fundamentals. It doesn't get any more basic than supply and demand!! Even sadder is that this is less a rebuke on the person who posted that statement than on the media and society in general. Most Americans do not understand economics well at all. And much of what people think they know is flat out wrong.
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
nein51
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historian said:

How sad it is that someone would find it refreshing that a news article includes an understanding of economic fundamentals. It doesn't get any more basic than supply and demand!! Even sadder is that this is less a rebuke on the person who posted that statement than on the media and society in general. Most Americans do not understand economics well at all. And much of what people think they know is flat out wrong.

Apartments can lower rent but they don't solve a housing "crisis" in that they don't really put people on the ownership track.
historian
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And apartments almost never lower rents
“Incline my heart to your testimonies, and not to selfish gain!”
Psalm 119:36
J.R.
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nein51 said:

historian said:

How sad it is that someone would find it refreshing that a news article includes an understanding of economic fundamentals. It doesn't get any more basic than supply and demand!! Even sadder is that this is less a rebuke on the person who posted that statement than on the media and society in general. Most Americans do not understand economics well at all. And much of what people think they know is flat out wrong.

Apartments can lower rent but they don't solve a housing "crisis" in that they don't really put people on the ownership track.
Everyone is not entitled to own a home or on track to do so. Renting serves a purpose. I live in an apartment that I have rented for 6 yrs.
nein51
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J.R. said:

nein51 said:

historian said:

How sad it is that someone would find it refreshing that a news article includes an understanding of economic fundamentals. It doesn't get any more basic than supply and demand!! Even sadder is that this is less a rebuke on the person who posted that statement than on the media and society in general. Most Americans do not understand economics well at all. And much of what people think they know is flat out wrong.

Apartments can lower rent but they don't solve a housing "crisis" in that they don't really put people on the ownership track.
Everyone is not entitled to own a home or on track to do so. Renting serves a purpose. I live in an apartment that I have rented for 6 yrs.

I would prefer to rent and I agree that not everyone should or even needs to own a home but the demand has outpaced supply for a while now and apartments don't really fix that problem.
Redbrickbear
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boognish_bear
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