nein51 said:

---

Redbrickbear said:

---

nein51 said:

---

Redbrickbear said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Hopefully to start a family

(We need them)

---

My wife and I lived with our kid in an apartment for a few years. You can have a family in an apartment just fine.

---

You can...but most don't

There is a whole thread on X about how apartment living lowers family formation and child raising...

Basically if you want people getting married and having kids....they need to be in homes

[Research suggests that women who live in apartments have lower fertility rates than women who live in single-family houses. For example, a study found that women who live in studio, 1-, or 2-bedroom apartments have lower fertility rates than women who live in 1- or 2-bedroom single-family houses. Another study found that couples in apartments have a lower risk of first conception than family houses]

---

Causation vs correlation. Are they lower fertility because they live in an apartment or is that a matter of socioeconomic reality?

---

I will try and find the thread

But from what I remember if compared places with High income but apartment living (South Korea) with places in the USA that had lower income but more single homes (Alabama) and found higher fertility rates.

People don't seem to do well in apartments or higher density housing

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

I am sticking with my 2018 F150. Seems the older F150's have a better ride than the new ones.

FLBear5630 said:

---

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

I am sticking with my 2018 F150. Seems the older F150's have a better ride than the new ones.

---

I've already decided i'm going to buy an older (late 90s or early 00s) silverado or sierra and drop a cts-v or z06 lt4 in there with a cam. Everyone needs a 650hp truck. My neighbors will love me when i start it up in the AM.

muddybrazos said:

---

FLBear5630 said:

---

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

I am sticking with my 2018 F150. Seems the older F150's have a better ride than the new ones.

---

I've already decided i'm going to buy an older (late 90s or early 00s) silverado or sierra and drop a cts-v or z06 lt4 in there with a cam. Everyone needs a 650hp truck. My neighbors will love me when i start it up in the AM.

---

As long as it gets the boat out of the hole, that is all I need. My little V6 3.3 liter is enough for my 21' boat. Gets 20 mpg and has a huge crew cab. Good enough for me unless I get a windfall and the boat has to grow to 28'...

Redbrickbear said:

---

nein51 said:

---

Redbrickbear said:

---

nein51 said:

---

Redbrickbear said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Hopefully to start a family

(We need them)

---

My wife and I lived with our kid in an apartment for a few years. You can have a family in an apartment just fine.

---

You can...but most don't

There is a whole thread on X about how apartment living lowers family formation and child raising...

Basically if you want people getting married and having kids....they need to be in homes

[Research suggests that women who live in apartments have lower fertility rates than women who live in single-family houses. For example, a study found that women who live in studio, 1-, or 2-bedroom apartments have lower fertility rates than women who live in 1- or 2-bedroom single-family houses. Another study found that couples in apartments have a lower risk of first conception than family houses]

---

Causation vs correlation. Are they lower fertility because they live in an apartment or is that a matter of socioeconomic reality?

---

I will try and find the thread

But from what I remember if compared places with High income but apartment living (South Korea) with places in the USA that had lower income but more single homes (Alabama) and found higher fertility rates.

People don't seem to do well in apartments or higher density housing

---

I'm not sure there is a real solution to the population problem. Apartments may not help the situation but even if you magically moved those people in to homes I doubt it changes much of anything.

muddybrazos said:

---

FLBear5630 said:

---

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

I am sticking with my 2018 F150. Seems the older F150's have a better ride than the new ones.

---

I've already decided i'm going to buy an older (late 90s or early 00s) silverado or sierra and drop a cts-v or z06 lt4 in there with a cam. Everyone needs a 650hp truck. My neighbors will love me when i start it up in the AM.

---

Would be way less money to use an LS3 than an LT4 (much more availability and no one uses LT platforms any more) and the aftermarket is way stronger for the LS platform.

Hell you can buy an early 2000s with the LS in it.

nein51 said:

---

muddybrazos said:

---

FLBear5630 said:

---

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

I am sticking with my 2018 F150. Seems the older F150's have a better ride than the new ones.

---

I've already decided i'm going to buy an older (late 90s or early 00s) silverado or sierra and drop a cts-v or z06 lt4 in there with a cam. Everyone needs a 650hp truck. My neighbors will love me when i start it up in the AM.

---

Would be way less money to use an LS3 than an LT4 (much more availability and no one uses LT platforms any more) and the aftermarket is way stronger for the LS platform.

Hell you can buy an early 2000s with the LS in it.

---

like an LS3? I need a 6.2L LS3 not just a regular 5.3 ls. If I dont do that I may just get an old ford and put a coyote 5.0 in it.

muddybrazos said:

---

nein51 said:

---

muddybrazos said:

---

FLBear5630 said:

---

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

I am sticking with my 2018 F150. Seems the older F150's have a better ride than the new ones.

---

I've already decided i'm going to buy an older (late 90s or early 00s) silverado or sierra and drop a cts-v or z06 lt4 in there with a cam. Everyone needs a 650hp truck. My neighbors will love me when i start it up in the AM.

---

Would be way less money to use an LS3 than an LT4 (much more availability and no one uses LT platforms any more) and the aftermarket is way stronger for the LS platform.

Hell you can buy an early 2000s with the LS in it.

---

like an LS3? I need a 6.2L LS3 not just a regular 5.3 ls. If I dont do that I may just get an old ford and put a coyote 5.0 in it.

---

You really don't need it, you want it.

You can take an LS1 and a couple thousand bucks and have more power than a 1500 truck ever needs.

The only 6.2s were in the Denali package trucks which wouldn't make a particularly good "street mod" imo but it could be done.

Those Coyote swaps cost an absolute mint, they are way, way, wayyyyyy wider than a 302 and they just barely fit between the frame rails. You won't be able to change anything on the exhaust on the passenger side without pulling the engine. Everything on the drivers side fits but you need custom everything (booster, sensors, steering shaft). Even changing the back 3 plugs is a nightmare. I just helped finish one in a Gen 1 Bronco. Side by side with the 302 it's probably every bit of 6" wider.

muddybrazos said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Mothra said:

---

nein51 said:

---

Redbrickbear said:

---

boognish_bear said:

---

College students state they expect to make about $84,855 one year after graduation, according to a survey of college students by Real Estate Witch.

The average starting salary for recent graduates is $56,000, per CNBC.

— unusual_whales (@unusual_whales) August 14, 2024

---

The scary thing is there are lots of markets out there now where you could not even buy a house and live on 84k

So not only will you not make that… it would not be enough anyway.

Some thing seems very wrong

---

Why does someone fresh out of college need or want to buy a house? I rented crappy apartments for years after I graduated.

---

Same. But I think the larger point is he's right - even at $84k a year - there are lots of markets where you couldn't buy even a starter home and also have money left over to live. That's the case here in Austin.

Things have changed considerably since we were right out of college. Anyone who doesn't see that isn't paying attention.

---

No disagreement. You'll do what people in California do. Live In Temecula and drive 2 hours to LA. You're not going to be able to live in Austin on 84k but you can probably live within 45 mins. Or you'll have to find somewhere else to work. Eventually the supply will outpace the demand and prices will "fall".

I drive an hour each way.

There's always a trade off.

---

Sure but the point is, that wasn't the case even 10 years ago. Houses are becoming unaffordable.

---

Again, I agree. That's not the only thing.

We make a decent living. Not rich but decent.

My one ton truck had a $92,000 sticker price.

---

Covid really messed up the car market. I bought my Yukon XL in 2020 and its a 2019. I paid 47.5 for it as a 1 yr old truck. I couldve sold it for 15k more than I paid a year later. Now I go look for a similar vehicle thats a 1 year old Yukon XL slt and its 67-70k at least. New chevy tahoes & suburbans are 85k!! Good thing I like to drive my vehicles for 7+ years before looking to trade up.

---

In 2022 we had to buy used cars for both of our kids that had gotten their licenses. I think it was the worst time in history to be shopping for a car.

I've had success in the past negotiating car purchases and know how to combat a lot of the tricks that dealerships try. But....it was almost impossible in 2022 to negotiate. I had to walk out of so many dealerships when they would not budge an inch. In fact....a lot of times they added $1,000 or more to the advertised price for things they had already added to the car like clearcoat or lojack or whatever. They used to try and get you to buy those add-ons when you were closing the deal with the finance guy....but now they just go ahead and put those things on and try to stick it to the buyer.

It was such a kick in the balls dealing with all of that.

BREAKING: Lumber prices have declined to their lowest level since the 2020 pandemic, down 80% in 2 years.

Lumber is a leading indicator for the US housing market, global economic conditions, and inflation.

The rapid drop in lumber prices suggests that the US residential… pic.twitter.com/Ksc6aqczI0

— The Kobeissi Letter (@KobeissiLetter) August 15, 2024

I'm not sure someone with a $90,000 income would be able to swing that $88,000 downpayment.....unless they are not a first time home buyer.

If a home buyer wanted to comfortably afford a house with a median listing price of $440,000 in July, they would need an annual income of $90,000, per MW.

Their monthly housing costs would be $2,500, assuming a down payment of 20% and a 30-year rate of 6.3%.

— unusual_whales (@unusual_whales) August 15, 2024

They wouldn't get approved for the loan so it doesn't matter. At $90,000k 28% is $2100/mo assuming basically no other debt.

BREAKING: Mortgage demand in the US has officially dropped again in August, near its lowest level since 1995, according to Reventure.

Mortgage applications to buy a house in the US declined by 8% year-over-year in August.

Furthermore, mortgage demand is current down ~50% from… pic.twitter.com/rKhwsNHCFc

— The Kobeissi Letter (@KobeissiLetter) August 15, 2024

https://t.co/VM0EGsWMMf pic.twitter.com/d5yEhDy25J

— Patrick Hedger (@pat_hedger) August 15, 2024

Income required to afford the average house in the United States:

2020: $53,679
2024: $121,398 pic.twitter.com/EovJcDEOpJ

— John LeFevre (@JohnLeFevre) August 16, 2024

Mo' money....less house

Shrinkflation is hitting homes: Expect ‘the death of the hallway’ and other Tetris-like designs to cut construction costs, per FORTUNE.

— unusual_whales (@unusual_whales) August 19, 2024

boognish_bear said:

---

Mo' money....less house

Shrinkflation is hitting homes: Expect ‘the death of the hallway’ and other Tetris-like designs to cut construction costs, per FORTUNE.

— unusual_whales (@unusual_whales) August 19, 2024

---

So they are just bringing back the old shotgun houses…


125 years of development only to go back to the way we built in 1895

Hopefully there are not very many Marcos out there....you aren't ever getting a house making moves like this

They just fucked Marco.

For $499.

🤦‍♀️ pic.twitter.com/DUbvRUe1Pp

— trader (@TicTocTick) August 18, 2024

boognish_bear said:

---

Hopefully there are not very many Marcos out there....you aren't ever getting a house making moves like this

They just fucked Marco.

For $499.

🤦‍♀️ pic.twitter.com/DUbvRUe1Pp

— trader (@TicTocTick) August 18, 2024

---

There are literally millions of them. Want to weep for humanity read comments on Instagram from the "they can't make you make a down payment that illegal" crowd. Yeah that's a thing that exists. People that are that stupid.

This can't be right

Gen Z leads in homeownership, especially in the Midwest, outpacing millennials and Gen X, per NYP.

— unusual_whales (@unusual_whales) August 22, 2024

Nearly 29% of single family homes were purchased by investors in Miami, per Redfin.

— unusual_whales (@unusual_whales) August 23, 2024

boognish_bear said:

---

Nearly 29% of single family homes were purchased by investors in Miami, per Redfin.

— unusual_whales (@unusual_whales) August 23, 2024

---

Not shocking. That was our plan as well. Buy an investment house down there. Airbnb it and move in to it later in life.

nein51 said:

---

boognish_bear said:

---

Nearly 29% of single family homes were purchased by investors in Miami, per Redfin.

— unusual_whales (@unusual_whales) August 23, 2024

---

Not shocking. That was our plan as well. Buy an investment house down there. Airbnb it and move in to it later in life.

---

Too many investors down here. We had to pass a HOA bylaw to outlaw short term rentals. The investors are destroying neighborhoods.

nein51 said:

---

boognish_bear said:

---

Nearly 29% of single family homes were purchased by investors in Miami, per Redfin.

— unusual_whales (@unusual_whales) August 23, 2024

---

Not shocking. That was our plan as well. Buy an investment house down there. Airbnb it and move in to it later in life.

---

We looked at buying in Boca Raton last January. However the HOA guidelines wouldn't let us rent the house for 12 months from the closing date.

Quickly realized such rules would soften real estate values.
And in fact several Florida markets have seen price reductions.

But we decided to purchase additional properties in Colorado instead. Hoping to return to Sheridan Wyoming this Thursday.

Love that community and it's real estate climate.

The refusal to acknowledge immigration as a contributing factor to our housing shortage is criminal.

The shortage is not just from a supply side, but also from feeding the demand with millions of new people a year. pic.twitter.com/WS2qNYqj4o

— Ryan James Girdusky (@RyanGirdusky) August 25, 2024

If Texas wants to rein in its high housing costs, it needs more homes, Texas Comptroller Glenn Hegar’s office said Tuesday — the latest sign that the state’s high home prices and rents have become a growing concern for the state’s top officials. Texas needs 306,000 more homes…

— Texas Tribune (@TexasTribune) August 28, 2024

It needs to slow the migration of Californians

nein51 said:

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It needs to slow the migration of Californians

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Build the wall around California

The stuff that is available to the 5 million buyer isn't 5x better than that available to the 1 million buyer.

It's like 100x better. https://t.co/7lqMWddLPd

— VB Knives (@Empty_America) August 28, 2024

Sure until you get hit with Californias mansion tax

... don't blame dale.

- el KKM

{ sipping coffee }

go bears!

nein51 said:

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Sure until you get hit with Californias mansion tax

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Speaking of more California talk….

Why do restaurants in San Francisco close before 10pm?

One reason:

Workers can’t afford to live here, so they commute in from neighboring cities.

But b/c BART stops at midnight, workers need to leave early to get home.

As is often the case in SF, it comes back to housing. pic.twitter.com/StWrLivsrQ

— Bilal Mahmood 馬百樂 (@bilalmahmood) August 28, 2024

How hard is it to buy a house in Japan?

Source: landlordnick on YouTube pic.twitter.com/0bEbwVeAkZ

— Mario Nawfal (@MarioNawfal) September 4, 2024

I don't understand this in a day and time when information is so easily accessible. How could they not have a realistic idea of starting salary for the major they've chosen?

Psychology majors expect to earn $88,265 after graduation, with an actual starting salary of $44,700, per Bankrate.

— unusual_whales (@unusual_whales) September 9, 2024

Raising two children to the age of 18 now costs over half a million dollars, totaling $576,896, in the US, per Investopedia.

— unusual_whales (@unusual_whales) September 20, 2024