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Shit, being retired I could not even afford a home in my own neighborhood if I had to buy one today without diving into my retirement savings.I own a home and have my mortgage already paid. I live in a nice area and have no intention of selling anytime soon.
It's not the fault of any president. It's a systemic problem arising from our idiotic tax code that has caused a huge wealth disparity. This is Reaganomics, coming home to roost. And no, I am not laying the blame on Reagan. Reaganomics had many enablers and designers, including the gullible, misled voters who bought in.
Home prices hit another record high in August
The S&P CoreLogic Case-Shiller National Home Price Index increased 0.9% in August month over month and 2.6% annually on a seasonally adjusted basis.www.yahoo.com
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"One measure of the strength of the housing market is the relationship of current prices to their historical levels," Craig J. Lazzara, managing director at S&P DJI, said in the press release. "On that dimension, it’s worth noting that the National Composite, the 10-City Composite, and seven individual cities (Atlanta, Boston, Charlotte, Chicago, Detroit, Miami, and New York) stand at their all-time highs."
"On a year-to-date basis, the National Composite has risen 5.8%, which is well above the median full calendar year increase in more than 35 years of data," he added."
35 years?
Must be Trumps fault.
I don’t know who doesn’t use their home for a place to chill and sleep, when they aren’t working or living lifeI could afford a decent house in my area if I really wanted to.
Zero interest in owning a house to be honest.
I hate yard work. I have no kids, I don’t need the space. No interest in cleaning a house or in paying someone to do so.
I do like the idea of a condo that I’d own, yet have people to maintain the yard, shovel the snow, etc. But renting works fine for my life right now.
I get why some people want to own a house. But I don’t get why home ownership is held up as some holy, universal goal.
For many of us, home is just a place to chill and sleep when we’re not out working or living life.
How is it Reaganomics fault? Yiu do realize the tax code has changed since the 80s right?It's not the fault of any president. It's a systemic problem arising from our idiotic tax code that has caused a huge wealth disparity. This is Reaganomics, coming home to roost. And no, I am not laying the blame on Reagan. Reaganomics had many enablers and designers, including the gullible, misled voters who bought in.
Because of the wealth and income disparity it created. I mentioned that. Pay attention!How is it Reaganomics fault? Yiu do realize the tax code has changed since the 80s right?
It's generational wealth for many. It's a means to rob us blind for the government.I could afford a decent house in my area if I really wanted to.
Zero interest in owning a house to be honest.
I hate yard work. I have no kids, I don’t need the space. No interest in cleaning a house or in paying someone to do so.
I do like the idea of a condo that I’d own, yet have people to maintain the yard, shovel the snow, etc. But renting works fine for my life right now.
I get why some people want to own a house. But I don’t get why home ownership is held up as some holy, universal goal.
For many of us, home is just a place to chill and sleep when we’re not out working or living life.
Coeur d'Alene, ID is the craziest place I've heard of. The property values there are unbelievable. A shack on a postage stamp lot will run close to $300K with run of the mill tract homes pulling near $500 or more. They are building condos right and left with 3/4 to a million dollar price tags. Like MT, the folks that have been born and raised there have little chance of living where they grew up and owning homes.Shit, being retired I could not even afford a home in my own neighborhood if I had to buy one today without diving into my retirement savings.
300K+ is the starting point for anything here now and I'm not talking new homes either.
Besides one lot (now sold/cleared) it was built-out by 2000.....The lot that sold is .25 acre went for 80K and it's a shit lot.....Maybe 20' of level frontage on the street then it drops off better than a 30 degree angle.
There should be a national movement to cap real estate taxes similar to the Jarvis/Gann Prop 13 law that was passed in CA in the 70s.It's generational wealth for many. It's a means to rob us blind for the government.
My taxes went up over 30% this year. They're gonna tax many right out of their homes.
Our state legislation is trying to pass laws to freeze it for anyone over 55? I think and cap it at 2 or 3% otherwiseThere should be a national movement to cap real estate taxes similar to the Jarvis/Gann Prop 13 law that was passed in CA in the 70s.
I meant no interest in taking the time to clean an entire house. Keeping an apartment or condo clean is simple. I keep my apartment quite clean easily.???? Did you say you work in healthcare? Clean environment is kind of like personal hygiene. Not having a clean home is antithetical with healthcare. IMHO.
Wow. Highway robbery.Shit, being retired I could not even afford a home in my own neighborhood if I had to buy one today without diving into my retirement savings.
300K+ is the starting point for anything here now and I'm not talking new homes either.
Besides one lot (now sold/cleared) it was built-out by 2000.....The lot that sold is .25 acre went for 80K and it's a shit lot.....Maybe 20' of level frontage on the street then it drops off better than a 30 degree angle.
Haha what are you talking about? Reagan’s boom lifted more people income up…literally created the upper middle classBecause of the wealth and income disparity it created. I mentioned that. Pay attention!
Class difference literally deterritorializing the Natives.Coeur d'Alene, ID is the craziest place I've heard of. The property values there are unbelievable. A shack on a postage stamp lot will run close to $300K with run of the mill tract homes pulling near $500 or more. They are building condos right and left with 3/4 to a million dollar price tags. Like MT, the folks that have been born and raised there have little chance of living where they grew up and owning homes.
I just bought a Florida beach condo. Will fix it up, use it for a vacation and flip it in a few. Housing will be in short supply another 5 years.Home prices hit another record high in August
The S&P CoreLogic Case-Shiller National Home Price Index increased 0.9% in August month over month and 2.6% annually on a seasonally adjusted basis.
"
"One measure of the strength of the housing market is the relationship of current prices to their historical levels," Craig J. Lazzara, managing director at S&P DJI, said in the press release. "On that dimension, it’s worth noting that the National Composite, the 10-City Composite, and seven individual cities (Atlanta, Boston, Charlotte, Chicago, Detroit, Miami, and New York) stand at their all-time highs."
"On a year-to-date basis, the National Composite has risen 5.8%, which is well above the median full calendar year increase in more than 35 years of data," he added."
35 years?
Must be Trumps fault.
In 5 months ( With millions of Illegals / Visa Overstayers / Refugees swarming inI just bought a Florida beach condo. Will fix it up, use it for a vacation and flip it in a few. Housing will be in short supply another 5 years.
It is the number one concern of our country. The cost of living.Home prices hit another record high in August
The S&P CoreLogic Case-Shiller National Home Price Index increased 0.9% in August month over month and 2.6% annually on a seasonally adjusted basis.
"
"One measure of the strength of the housing market is the relationship of current prices to their historical levels," Craig J. Lazzara, managing director at S&P DJI, said in the press release. "On that dimension, it’s worth noting that the National Composite, the 10-City Composite, and seven individual cities (Atlanta, Boston, Charlotte, Chicago, Detroit, Miami, and New York) stand at their all-time highs."
"On a year-to-date basis, the National Composite has risen 5.8%, which is well above the median full calendar year increase in more than 35 years of data," he added."
35 years?
Must be Trumps fault.
