House Porn

Once you leave the red state wilderness, real estate gets expensive.
Civilized people actually want to live there.
The real estate prices prove it.

One cable TV show that I really hate is the one where young couples are trying to find a house that's worth two or three times what they're got a budget for.
In the end, they settle for something that they really don't like at all but pretend to be happy about it.
Being young definitely has some good features, but some things, mostly related to money, often really suck.
 
NiftyNiblick said:
Once you leave the red state wilderness, real estate gets expensive.
Civilized people actually want to live there.
The real estate prices prove it.

One cable TV show that I really hate is the one where young couples are trying to find a house that's worth two or three times what they're got a budget for.
In the end, they settle for something that they really don't like at all but pretend to be happy about it.
Being young definitely has some good features, but some things, mostly related to money, often really suck.
Click to expand...

As a kid I used to have this vision of one day owning a million dollar mansion and how big the home would be. $1m wouldn’t buy you a bedroom in this home.

I wasn’t making a political point by posting this. But if you want to go there prices rise when you don’t allow development. Would think someone like your self would care more about the renters and people desiring home ownership than increasing the home values of rich people.
 
cawacko said:
Or the opposite. The Bay Area has some crazy housing prices but it's still hard to digest this comp. (Palo Alto has great weather, surrounded by Stanford and world class VC & tech companies and has excellent public schools which is why people pay so much to live there. But I can't fathom this.)


https://www.zillow.com/homedetails/188-Lois-Ln-Palo-Alto-CA-94303/19468700_zpid/
Click to expand...

That is why California Employers pay you the big bucks just to work and live there.

With the influx of the EXODUS of people relocating to Texas from California, it is making our Texas Real Estate prices skyrocket around here to where it is not much of a bargain living here any more. AND TEXAS PAY IS SOME OF THE LOWEST WAGES IN THE NATION. SO BOOM IS ABOUT TO GO BUST HERE!

GOOD LUCK!
 
Geeko Sportivo said:
That is why California Employers pay you the big bucks just to work and live there.

With the influx of the EXODUS of people relocating to Texas from California, it is making our Texas Real Estate prices skyrocket around here to where it is not much of a bargain living here any more. AND TEXAS PAY IS SOME OF THE LOWEST WAGES IN THE NATION. SO BOOM IS ABOUT TO GO BUST HERE!

GOOD LUCK!
Click to expand...

My wife’s family lives in the Dallas area so I spend some time there. Outside of Austin, Texas is generally open to development with helps keep prices down and relatively speaking affordable. But Texas is where California was maybe 30 or 40 years ago and has a choice to make. Lots of people moving there. Do you continue to build to meet the population growth? Or does NIMBYism take over and housing prices rise significantly? In California we chose the latter.
 
Geeko Sportivo said:
That is why California Employers pay you the big bucks just to work and live there.

With the influx of the EXODUS of people relocating to Texas from California, it is making our Texas Real Estate prices skyrocket around here to where it is not much of a bargain living here any more. AND TEXAS PAY IS SOME OF THE LOWEST WAGES IN THE NATION. SO BOOM IS ABOUT TO GO BUST HERE!

GOOD LUCK!
Click to expand...

The prices will pick up for the same reason they did in California: whatever the market can bear.
This is one reason why a Federal minimum wage is a band-aid, not a fix. :)
 
cawacko said:
My wife’s family lives in the Dallas area so I spend some time there. Outside of Austin, Texas is generally open to development with helps keep prices down and relatively speaking affordable. But Texas is where California was maybe 30 or 40 years ago and has a choice to make. Lots of people moving there. Do you continue to build to meet the population growth? Or does NIMBYism take over and housing prices rise significantly? In California we chose the latter.
Click to expand...

My niece is in Real Estate here in DFW and she said a lot of her sales are with Californians who got burned out during the fire season, and so they got their insurance money and are now buying lofts and high-rise luxury condos in the Arts district in Dallas!

AND THE HI-RISES JUST KEEP A RISING- and so are their prices!
 
NiftyNiblick said:
Once you leave the red state wilderness, real estate gets expensive.
Civilized people actually want to live there.
The real estate prices prove it.

One cable TV show that I really hate is the one where young couples are trying to find a house that's worth two or three times what they're got a budget for.
In the end, they settle for something that they really don't like at all but pretend to be happy about it.
Being young definitely has some good features, but some things, mostly related to money, often really suck.
Click to expand...


California will lose a House seat for the first time in 2022.
 
Dutch Uncle said:
The prices will pick up for the same reason they did in California: whatever the market can bear.
This is one reason why a Federal minimum wage is a band-aid, not a fix. :)
Click to expand...

I also think that the Biden Admin will try to get some kind of FHA programs started up again. They may have to or people are going to be living along the highway in pup tents! LOL!
 
Geeko Sportivo said:
I also think that the Biden Admin will try to get some kind of FHA programs started up again. They may have to or people are going to be living along the highway in pup tents! LOL!
Click to expand...

Biden can put them to work at the Soylent factory....at minimum wage. I hear business will soon be picking up. :thup:

giphy.gif
 
cawacko said:
Or the opposite. The Bay Area has some crazy housing prices but it's still hard to digest this comp. (Palo Alto has great weather, surrounded by Stanford and world class VC & tech companies and has excellent public schools which is why people pay so much to live there. But I can't fathom this.)


https://www.zillow.com/homedetails/188-Lois-Ln-Palo-Alto-CA-94303/19468700_zpid/
Click to expand...

holy shit......that's 10 times what the same house would sell for here in West Michigan........
 
anonymoose said:
I’d rather live in a double wide on an acre in Mississippi than a two million dollar mansion in an urban shithole stepping over poop and vagrants lying in the streets.
Click to expand...

I'm thinking of moving soon and I'd love to get a place in the Ozarks, wifey ain't down with it though.
 
cawacko said:
As a kid I used to have this vision of one day owning a million dollar mansion and how big the home would be. $1m wouldn’t buy you a bedroom in this home.

I wasn’t making a political point by posting this. But if you want to go there prices rise when you don’t allow development. Would think someone like your self would care more about the renters and people desiring home ownership than increasing the home values of rich people.
Click to expand...

It's an observation of what's actually happening. All of my posts suggest a political opinion, but here it was more observation that ideology.

There' no room for raw development in expensive urban areas. Everything was developed more that 100 years ago. Gentrification is what impacts the dynamic now.
Urban flight was once a thing. Moving back to the city is what more and more young working people want to do now, and most of it is for cultural reasons.

These more well to do people who in some ways are making things more difficult for the lower income working class people vote Blue.
The working class people of color being impacted still vote Blue with them, while many of the whites devolved first into Reagan Democrats and then all the way to trumpanzees.
 
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