Forum
»
I'm priced out of the housing market forever
06-01-2016, 02:29 PM
-
#61
- ptkg
- Registered User
-
- ptkg
- Registered User
- Join Date: Jun 2011
- Location: United States
- Age: 48
- Posts: 130
- Rep Power: 241
-
-
Originally Posted By donblaximus⏩
Interesting. Is it north of the river or south? I'm guessing it has to be very centrally located to command that price.I have a home in austin that I could probably sell for $750k right now.
It was built in 1940 and about 1200 square feet. The foundation is pier and beam and there is literally some cedar stumps serving as some of its foundation.
Its a rental until I decide to knock it down, build a mcMansion on it and sell it for a profit.
Its all about land value.
It was built in 1940 and about 1200 square feet. The foundation is pier and beam and there is literally some cedar stumps serving as some of its foundation.
Its a rental until I decide to knock it down, build a mcMansion on it and sell it for a profit.
Its all about land value.
06-01-2016, 02:32 PM
-
#62
- donblaximus
- Registered User
-
- donblaximus
- Registered User
- Join Date: Jul 2010
- Age: 50
- Posts: 12,396
- Rep Power: 70954
-
-
Originally Posted By ptkg⏩
Its in Pemberton Heights north of the river and inside Mopac.Interesting. Is it north of the river or south? I'm guessing it has to be very centrally located to command that price.
Here you go, here is a 1400sqft house in Texas which is supposedly one of the LOWEST COST OF living states in the country right?
1400 sqft for $1M
http://www.austinhomesearch.com/home...8703-172535130
06-01-2016, 02:37 PM
-
#63
06-01-2016, 02:42 PM
-
#64
- cookiefiend
- Registered User
-
- cookiefiend
- Registered User
- Join Date: Mar 2014
- Posts: 28,875
- Rep Power: 143505
-
-
Start lower and work your way up like most other people. I don't believe most people get into their ideal house straight away, I'm sure you can get something for 400k still.
06-01-2016, 04:02 PM
-
#65
- LYCLifter
- Registered User
-
- LYCLifter
- Registered User
- Join Date: Sep 2014
- Location: Austin, Texas, United States
- Posts: 469
- Rep Power: 10132
-
-
Originally Posted By donblaximus⏩
Yeah I just moved to Austin from DFW area and was shocked at the prices. I ended up buying in south east Austin since that was all I could afford!Its in Pemberton Heights north of the river and inside Mopac.
Here you go, here is a 1400sqft house in Texas which is supposedly one of the LOWEST COST OF living states in the country right?
1400 sqft for $1M
http://www.austinhomesearch.com/home...8703-172535130
Here you go, here is a 1400sqft house in Texas which is supposedly one of the LOWEST COST OF living states in the country right?
1400 sqft for $1M
http://www.austinhomesearch.com/home...8703-172535130
06-01-2016, 04:45 PM
-
#66
- Ex-Terminator
- ▪▪█─────█▪▪
-
- Ex-Terminator
- ▪▪█─────█▪▪
- Join Date: Jul 2005
- Posts: 5,519
- Rep Power: 7681
-
-
You guys must live in some really expensive areas. Look what $284K will buy you in my area:
https://www.redfin.com/TN/Knoxville/.../home/62857100
https://www.redfin.com/TN/Knoxville/.../home/62857100
Trump 2016!
Founder: "No Tattoos" Crew
06-01-2016, 04:47 PM
-
#67
06-01-2016, 04:53 PM
-
#68
- iwant2beswole
- ayyyy lmao
-
- iwant2beswole
- ayyyy lmao
- Join Date: Jan 2013
- Location: Seattle, Washington, United States
- Posts: 19,879
- Rep Power: 104695
-
-
Originally Posted By Ex-Terminator⏩
who the fuk wants to live in bumfuk tennessee?You guys must live in some really expensive areas. Look what $284K will buy you in my area:
https://www.redfin.com/TN/Knoxville/.../home/62857100
https://www.redfin.com/TN/Knoxville/.../home/62857100
this is what a house in seattle will cost you
https://www.redfin.com/WA/Seattle/16...09/home/134014
watchout your comments boyo ↓
06-01-2016, 04:54 PM
-
#69
- engj
- Registered User
-
- engj
- Registered User
- Join Date: Nov 2009
- Location: Canada
- Posts: 18,637
- Rep Power: 113090
-
-
Originally Posted By ~Hades~⏩
https://www.realtor.ca/Residential/S...olumbia-V5P2N1what in the actual fuk. mind = nuked. 600k for 1,000sq ft
and lol at them saying the price is not a mistake as if its low or something
and lol at them saying the price is not a mistake as if its low or something
------♥♥-----
----♥♥-♥♥----
---♥♥---♥♥---
---♥♥---♥♥---
---♥♥---♥♥---
----♥♥-♥♥----
-----♥♥♥-----
----♥♥-♥♥----
---♥♥---♥♥---
--♥♥-----♥♥--
06-01-2016, 04:57 PM
-
#70
- donblaximus
- Registered User
-
- donblaximus
- Registered User
- Join Date: Jul 2010
- Age: 50
- Posts: 12,396
- Rep Power: 70954
-
-
Originally Posted By LYCLifter⏩
Its a great city and you are still ok in SE Austin. I lol everytime I hear people say you can but a mansion in Texas for $250k.Yeah I just moved to Austin from DFW area and was shocked at the prices. I ended up buying in south east Austin since that was all I could afford!
You can buy a mansion anywhere in the US so long as its in BFE.
06-02-2016, 05:04 AM
-
#71
- JUGGERNAUT1333
- Vin Diesel Brah
-
- JUGGERNAUT1333
- Vin Diesel Brah
- Join Date: Jun 2014
- Posts: 27,542
- Rep Power: 292873
-
-
Originally Posted By donblaximus⏩
I get that, and I'm not "comparing". Just adding to the conversation as to how insane location drives up a price. I mean that shack for 629k in San Fran would be like 30k in PA.I get it but you just cant compare Scranton PA to San Francisco.
A Corona at a bar in the financial district in NYC is $10.
Same Corona on the bean in Nicaragua is $1.50.
Same exact beer, bottle, everything.
A Corona at a bar in the financial district in NYC is $10.
Same Corona on the bean in Nicaragua is $1.50.
Same exact beer, bottle, everything.
6'1 - 240lbs
<HTC>
06-02-2016, 05:08 AM
-
#72
- InfinityThor
- Registered User
-
- InfinityThor
- Registered User
- Join Date: Sep 2011
- Location: Australia
- Age: 40
- Posts: 13,088
- Rep Power: 7723
-
-
Buy rural.
I'm currently eyeing off a 5 bedroom house on 5 acres (with dam) for $175k... I don't want to rot in the suburbs for $500k+.
I'm currently eyeing off a 5 bedroom house on 5 acres (with dam) for $175k... I don't want to rot in the suburbs for $500k+.
06-02-2016, 05:10 AM
-
#73
- BostonRockets
- Flâneur
-
- BostonRockets
- Flâneur
- Join Date: Aug 2012
- Posts: 16,681
- Rep Power: 31297
-
-
Originally Posted By FrankGrimesJr⏩
I know a girl who works at Google making AT LEAST 100k (never bothered to ask). She still takes the bus like an 2-3* hrs commute or some sh!t because the houses are cheaperI heard Google workers here with $200k salaries are even having a hard time to afford a house. They are moving to areas like Seattle with almost similar pay with way cheaper housing.
Death is impossible for us to fathom: it is so immense, so frightening, that we will do almost anything to avoid thinking about it. Society is organized to make death invisible, to keep it several steps removed. That distance may seem necessary for our comfort, but it comes with a terrible price: the illusion of limitless time, and a consequent lack of seriousness about daily life. We are running away from the one reality that faces us all.
06-02-2016, 05:25 AM
-
#74
- Devils
- Registered User
-
- Devils
- Registered User
- Join Date: Feb 2007
- Location: Perth, WA, Australia
- Posts: 20,607
- Rep Power: 70397
-
-
Originally Posted By FrankGrimesJr⏩
Everyone parents dyingI don't know what will burst this bubble. It's not like there are tons of bad loans like before.
If the interest rate goes up, it doesn't seem like that will make a significant change.
If the interest rate goes up, it doesn't seem like that will make a significant change.
Originally Posted By InfinityThor⏩
so you rot in your car commuting to work every day?Buy rural.
I'm currently eyeing off a 5 bedroom house on 5 acres (with dam) for $175k... I don't want to rot in the suburbs for $500k+.
I'm currently eyeing off a 5 bedroom house on 5 acres (with dam) for $175k... I don't want to rot in the suburbs for $500k+.
06-02-2016, 05:28 AM
-
#75
- VISCIOUS
- Registered User
-
- VISCIOUS
- Registered User
- Join Date: May 2016
- Location: United Kingdom (Great Britain)
- Age: 46
- Posts: 103
- Rep Power: 0
-
-
Originally Posted By InfinityThor⏩
Are you retired or self-employed? The above option does not apply to the average 20-something alpha-wannabee wage slave.Buy rural.
I'm currently eyeing off a 5 bedroom house on 5 acres (with dam) for $175k... I don't want to rot in the suburbs for $500k+.
I'm currently eyeing off a 5 bedroom house on 5 acres (with dam) for $175k... I don't want to rot in the suburbs for $500k+.
06-02-2016, 05:35 AM
-
#76
- InfinityThor
- Registered User
-
- InfinityThor
- Registered User
- Join Date: Sep 2011
- Location: Australia
- Age: 40
- Posts: 13,088
- Rep Power: 7723
-
-
so you rot in your car commuting to work every day?
Are you retired or self-employed? The above option does not apply to the average 20-something alpha-wannabee wage slave.
It's probably not a great first step on the property ladder for someone in their 20's.When you have a transferable skill or you're able to work remotely through the internet it's very attractive.
06-02-2016, 05:44 AM
-
#77
- shanedawg
- Doesn't Even
-
- shanedawg
- Doesn't Even
- Join Date: Jan 2008
- Location: United States
- Posts: 3,884
- Rep Power: 14827
-
-
RIP.
Just bought our first house in december (in pittsburgh) for 90k, 1500 sqft with a tennis court sized yard. I feel for you expensive location brahs.
GLHF
Just bought our first house in december (in pittsburgh) for 90k, 1500 sqft with a tennis court sized yard. I feel for you expensive location brahs.
GLHF
Pittsburgh
** KNEE DRAGGERS UNITE **
06-02-2016, 05:45 AM
-
#78
06-02-2016, 09:17 AM
-
#79
- IlChosenOne
- Biggest loads in the NW
-
- IlChosenOne
- Biggest loads in the NW
- Join Date: Jan 2015
- Location: Idaho, United States
- Posts: 20,788
- Rep Power: 259729
-
-
Originally Posted By JUGGERNAUT1333⏩
Makes sense now, example of what 400k gets you in SF? Just curious.
* Rawdog crew * Creampie crew * Poverty crew *
Haven't worn a condom since middle school crew
* HTC crew *
06-02-2016, 09:22 AM
-
#80
- GabrielNovar
- Banned
-
- GabrielNovar
- Banned
- Join Date: Oct 2009
- Age: 39
- Posts: 18,408
- Rep Power: 0
-
-
rent and invest the downpayment monies=win
06-02-2016, 09:23 AM
-
#81
- JUGGERNAUT1333
- Vin Diesel Brah
-
- JUGGERNAUT1333
- Vin Diesel Brah
- Join Date: Jun 2014
- Posts: 27,542
- Rep Power: 292873
-
-
Originally Posted By IlChosenOne⏩
fukin lmao. On spread, will have to rep when I'm off.6'1 - 240lbs
<HTC>
06-02-2016, 09:25 AM
-
#82
- Maxpowers88
- Registered User
-
- Maxpowers88
- Registered User
- Join Date: Dec 2011
- Location: Nsw, Australia
- Age: 37
- Posts: 1,806
- Rep Power: 675
-
-
braah didnt read thread
aus brah checking in
if you think you're priced out check out the aus market... absolutely ****ed 900k + for homes in relatively ****ty suburban areas
das not it mayne
aus brah checking in
if you think you're priced out check out the aus market... absolutely ****ed 900k + for homes in relatively ****ty suburban areas
das not it mayne
06-02-2016, 09:30 AM
-
#83
- criminal_manne
- Staunch Nationalist
-
- criminal_manne
- Staunch Nationalist
- Join Date: Aug 2009
- Posts: 22,076
- Rep Power: 91752
-
-
Originally Posted By Maxpowers88⏩
Yea 900k Monopoly moneybraah didnt read thread
aus brah checking in
if you think you're priced out check out the aus market... absolutely ****ed 900k + for homes in relatively ****ty suburban areas
das not it mayne
aus brah checking in
if you think you're priced out check out the aus market... absolutely ****ed 900k + for homes in relatively ****ty suburban areas
das not it mayne
Browns/Indians/Cavs/Buckeyes
High Test Crew
06-02-2016, 09:32 AM
-
#84
- Frank Drebin
- Cutting
-
- Frank Drebin
- Cutting
- Join Date: Jul 2007
- Location: Canada
- Posts: 24,590
- Rep Power: 86323
-
-
Originally Posted By arn710⏩
this, although I think cyhap money is here to stay relatively speakingBide your time
The bottom will drop out again as soon as interest rates start climbing
The bottom will drop out again as soon as interest rates start climbing
06-02-2016, 09:34 AM
-
#85
- Frank Drebin
- Cutting
-
- Frank Drebin
- Cutting
- Join Date: Jul 2007
- Location: Canada
- Posts: 24,590
- Rep Power: 86323
-
-
Originally Posted By Ratfish⏩
nice congrats. I'm going to physically burn my mortgage when it's done. Figure it should be around the end of 2017, which would put me at 38.ask a guy who bought a house for 160K 3 years ago and already has his mortgage down to 69K anything
06-02-2016, 09:35 AM
-
#86
- iifymbro
- Registered User
-
- iifymbro
- Registered User
- Join Date: Jan 2015
- Location: United States
- Age: 37
- Posts: 21,395
- Rep Power: 112562
-
-
Originally Posted By FrankGrimesJr⏩
It's only a matter of time bro, be patient. Markets always bob and weave even if the overall trend is upward over the very long term.I would still be ok.
Now If I bought a million house and the market crashed I would be in trouble. But then again it doesn't look like the market will crash.
Now If I bought a million house and the market crashed I would be in trouble. But then again it doesn't look like the market will crash.
**MFC**
**Barbara Palvin is my 10/10 crew**
06-02-2016, 09:36 AM
-
#87
- Berts
- Registered User
-
- Berts
- Registered User
- Join Date: May 2003
- Location: Boise Idaho
- Age: 46
- Posts: 8,821
- Rep Power: 44209
-
-
Originally Posted By EnforcerOTF⏩
While I don't think it will completely burst something has to give, at least in my area. Housing prices are up 40%+ since 2011. We are 3% away from 2007 pricing. It just can't sustain that long term. I'm no expert but I predict housing will drop 20% in the next year or 2 in my area, Boise ID.the bubble will burst in a few years
I can afford the house I want right now, $200K for a 3 bed, 2 bath, dbl garage but don't want to end up owing $20K-$40K (10%-20%) more than it's worth.
Interest rates have to come up, housing market will drop to where it should be and not over inflated like they are now. It's a catch 22, housing prices come down but interest rates go up. I would rather pay higher interest on a cheaper house knowing I can sell and not have to pay a huge chunk out of pocket.
Good thing my half of the rent is $367.50 for the house I rent with my fiance.
06-02-2016, 09:36 AM
-
#88
- Roasted
- Duke of Aesthetics
-
- Roasted
- Duke of Aesthetics
- Join Date: Dec 2008
- Location: Toronto, Ontario, Canada
- Age: 44
- Posts: 12,318
- Rep Power: 23659
-
-
Originally Posted By JUGGERNAUT1333⏩
HAHAHAHA, my poverty one bedroom condo is worth 340KDa fuk do you people live where 400k doesn't get you a nice house?
400k in my area gets you a Mansion.
400k in my area gets you a Mansion.
Average house price in my city is $1,000,000
Aesthetic Glutes Crew
Eleshirt Crew
06-02-2016, 09:37 AM
-
#89
- iifymbro
- Registered User
-
- iifymbro
- Registered User
- Join Date: Jan 2015
- Location: United States
- Age: 37
- Posts: 21,395
- Rep Power: 112562
-
-
Originally Posted By Devils⏩
Cause their heirs won't be able to afford the mortgage/upkeep? Not sure I get this ^, when ur parents die they also leave their money/investments/other assets.Everyone parents dying
**MFC**
**Barbara Palvin is my 10/10 crew**
06-02-2016, 09:38 AM
-
#90
- JDizleSwoleizle
- Crohns Bro
-
- JDizleSwoleizle
- Crohns Bro
- Join Date: Jan 2005
- Posts: 10,857
- Rep Power: 49007
-
-
Bought a house in 2011 crew. Home value has gone up 30-40% since I bought it crew. Feels John Goodman.
Internet Muscle Squad
MISC Raw Dog Crew
Make MISC Great Again 2016 Crew
Bookmarks
-
- Digg
-
- del.icio.us
-
- StumbleUpon
-
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts