prices are fine in most of ohio
i am looking at some places in the 50$k to 75$k range for about 1500 square feet plus small garage
i am looking at some places in the 50$k to 75$k range for about 1500 square feet plus small garage
prices are fine in most of ohio
i am looking at some places in the 50$k to 75$k range for about 1500 square feet plus small garage
Yeah it's pretty insane. Then you go in places like Vancouver and Toronto and it's even more insane. Regular houses that are over a million dollars. It baffles my mind that people want to live in those areas, or work in those areas and commute for hours every day. I guess I consider myself lucky.
Don't know about you, but a lot of times if you don't buy a half decent house you will be stuck with things like
-A shitty school district
-A bad surrounding area
Not saying that is the case for all $500k+ housing areas, but it's definitely the case where I am at in Texas. If you want a decent house with a decent school district, you better be prepped to pony up ~$220+... Unless you want to pay for private school. Which would be more costly then just getting an expensive home for free public school...
220 in texas get you more vs a lot of places
I live in the sticks and prices are still dumb for the area/what most people make
It blows my mind what people pay for houses in the Northeast and the California coast. The wife and I watch HGTV all the time, and these young kids are getting married and buying like 700k homes that are maybe 2000 square feet at best. I'm surprised first off that they are able to afford that, that's 4 times what I pay for my mortgage and my mortgage is about just shy of 1/3 of my income.
I grew up in the Rockies though, midwest. For even 300-400k you could get a really nice 3-4k square foot home that was built 10 years or less. Prices are definitely rising there but not like the east. So... yeah. I might retire in Montana or South Dakota or some no-name place just so I can buy a lot of land
not everyone wants a big house with a lot of land.
i'd rather have a 2000sqft house on like 1/4 or 1/3 acre near the ocean than a 4000sqft house with an acre of land in the middle of nowhere. and i'd pay more for the first.
having a really huge house doesn't really interest me that much, nor does having a lot of land. just more maintenance for areas i probably won't use.
well I hate people and don't want to be able to see my neighbors so....
in reality its all personal preference. the house I grew up in sat on a 6 acre lot where you could not see the next house over because of the trees & everyone had lots that size. we then moved to a house + 60 acres of land and it was fing paradise
ive lived in the city and hate it
I don't want to be in the total boons but I should not be able to throw a baseball and hit my neighbors house
well I hate people and don't want to be able to see my neighbors so....
in reality its all personal preference. the house I grew up in sat on a 6 acre lot where you could not see the next house over because of the trees & everyone had lots that size. we then moved to a house + 60 acres of land and it was fing paradise
ive lived in the city and hate it
I don't want to be in the total boons but I should not be able to throw a baseball and hit my neighbors house
in reality its all personal preference.
It's getting that way in Nashville. Our population is growing fast and a lot of the areas are being gentrified. It's not uncommon to see condos spring up in a shitty part of town where all of the hipsters are moving and be 600k. Downtown is finally starting to become a haven for high rise condos where you get 600 square feel for 500k. This is stretching out to the suburbs like a ripple effect and the rent prices are following suit.
Totally - I want to be able to get from door to bar in 5 minutes. You probably just built a bar in your basement. Next to the home theater. Below the 10 car garage. LOL
lol yes
except I would not own 10 cars. im totally not a car person, even if I could afford it I don't see a point to owning more than 2-3
yeah but ohio.
(sorry xeemzor)
I'm sure its very regional, and while prices around here aren't anywhere that high. I cant understand the herd think behind home buying.
Houses sales here are going up 10% yoy, and I just have to ask myself why. There haven't been any signs of such wage growth, where is this money coming from? Are people just willing to spend that much more on housing now? And why? What was the big change from last year that causes someone to spend 20-40k more for the same thing as the year before.
Yeah, CA is crazy overheated thanks to all the Chinese coming over here to live. My neighbor's house just sold for $800 fucking K. The property tax alone is almost $10k a year which means a house hold needs to make at least $150k to afford it.
lulz... You amateur Americans.
http://www.theglobeandmail.com/repo...ach-record-high-price-in-may/article24761542/
Does no one keep track of which houses are actually being bought by Chinese nationals anywhere? Everyone up here in Canada is saying the same thing, but super low mortgage rates + "gotta buy a house, gotta buy a house" + no solid stats on which ones are Chinese national owned (i.e. not Chinese looking Americans/Canadians) = no idea.
Yeah, CA is crazy overheated thanks to all the Chinese coming over here to live. My neighbor's house just sold for $800 fucking K. The property tax alone is almost $10k a year which means a house hold needs to make at least $150k to afford it.
... Anyone else noticing this? Or are things just crazy in my area?
The Federal Reserve has held short-term interest rates near 0% since December of 2008 to help stimulate the economy. The Federal Reserve decided to push short-term rates near zero during the depths of the Great Recession. That was over 6 years ago.
Since December 2008, the S&P 500 has risen 137%.