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Most Americans can’t afford single family homes
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Date: March 28th, 2023 8:12 AM Author: Mind-boggling Disturbing Tank Incel Even if you can afford to buy one or are given one, homes are extremely expensive to own, maintain, and remodel. You see this all the time in the housing market. The idea that you can have a beautiful 3 bedroom home is completely out of reach for anyone with less than $500k income. Then, if you’re a poor, in the middle middle class like me, you can’t sell your home because they say do all these things to fix it up so it will sell and that costs a fortune, and then you have closing costs, and don’t get me started on medical “providers” (who provide nothing but a hand in your pocket). I am getting it from all sides. |
Date: March 28th, 2023 8:14 AM Author: bull headed wrinkle "woe is me!" cried the fat fuck (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107397) |
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Date: March 28th, 2023 3:18 PM Author: Autistic big locus (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109320) |
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Date: March 28th, 2023 8:14 AM Author: talented personal credit line I think you’re whipped imo. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107399) |
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Date: March 28th, 2023 8:27 AM Author: Mind-boggling Disturbing Tank Incel It feels that way sometimes. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107427) |
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Date: March 28th, 2023 8:43 AM Author: White trip toilet seat parlor In most of America by land area, homes are very affordable. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107446) |
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Date: March 28th, 2023 9:20 AM Author: irradiated round eye marketing idea *it is 2019* (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107551) |
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Date: March 28th, 2023 9:31 AM Author: topaz macaca brethren (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107589) |
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Date: March 28th, 2023 9:47 AM Author: Laughsome crystalline gas station (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107665) |
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Date: March 28th, 2023 11:01 AM Author: Fuchsia pocket flask lodge (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108057) |
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Date: March 28th, 2023 9:47 AM Author: purple passionate range (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107661) |
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Date: March 28th, 2023 11:30 AM Author: Indigo Shrine To be fair, ya, just go live in the Artic of Alaska! How dare you want housing near jobs!? This is America got damn it. If you want the privileged of making a non-poverty wage, dont forget to hand over a third of your income to ((them)). (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108221) |
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Date: March 29th, 2023 8:57 AM Author: White trip toilet seat parlor Indianapolis, Cleveland, Memphis, Oklahoma City, Tulsa, Birmingham, St Louis, San Antonio, Tampa, Jacksonville (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46112713) |
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Date: March 29th, 2023 9:02 AM Author: Indigo Shrine To be fair, Indy: Housing + Transportation Costs % Income ? Average : 42%
Wow. Why don't these people in Indy just accept on average at paying 42% of their income on shelter and transportation! Its so affordable!
Only 22.4% of Indy neighborhoods would someone now be spending 36% of their income or less on housing/transportation which is borderline consider "unaffordable" and hint 100% of that 22.4% is in vast majority black areas so there is some borderline unaffordable housing in the first city you mention if you are willing to give up the other basic needs of safety and education.
Ya, silly me for thinking there was a housing problem. |
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Date: March 29th, 2023 3:07 PM Author: Mind-boggling Disturbing Tank Incel We are trying to go from a 55% area to a 60% area. :( (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46114447) |
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Date: March 29th, 2023 3:29 PM Author: Indigo Shrine To be fair, ouch.
Area I looked at, the housing+transport rate is more than 100% lol. Basically, if you make median income for the area, even if you paid for nothing except shelter and transportation, you still wouldn't have enough. |
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Date: March 29th, 2023 12:15 PM Author: thriller sexy school mediation are you a retard? those markets are all over priced. stop poasting now faggot. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46113653) |
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Date: March 29th, 2023 3:28 PM Author: Indigo Shrine To be fair, I'm sure he will poast that there is some crime infested non-white part of the city that relative to incomes of the city as a whole, is actually affordable! But again, all you need to do is give up the basic needs of safety and education (for your kids).
What a deal! |
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Date: March 28th, 2023 8:43 AM Author: Stimulating Turquoise Chapel You said you’re poor. What’s your HHI? (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107448) |
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Date: March 28th, 2023 8:55 AM Author: Mind-boggling Disturbing Tank Incel 300k (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107487) |
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Date: March 28th, 2023 8:57 AM Author: White trip toilet seat parlor And you have millions in investment accounts (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107492) |
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Date: March 28th, 2023 8:57 AM Author: Stimulating Turquoise Chapel Okay stfu (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107493) |
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Date: March 28th, 2023 10:49 AM Author: cerebral abode travel guidebook (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107976) |
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Date: March 28th, 2023 12:16 PM Author: salmon bipolar heaven boltzmann (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108451) |
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Date: March 28th, 2023 4:59 PM Author: Appetizing fantasy-prone friendly grandma http://www.xoxohth.com/thread.php?thread_id=5302472&mc=5&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109720) |
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Date: March 28th, 2023 8:57 AM Author: Wonderful Ocher Resort Potus I have 4 of them. Life is very hard.... (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107495) |
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Date: March 28th, 2023 8:59 AM Author: Mind-boggling Disturbing Tank Incel cr (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107499) |
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Date: March 28th, 2023 10:33 AM Author: startled kitchen I know multiple people that have HHI of 200-300k that have a nice home (e.g., 5 bed, 5 bath) worth around 1mm. These homes are relatively new (less than 10 years) but admittedly a little farther out from suburbs right next to major cities.
This delusional board seriously thinks you need to be a millionaire to own a home and it's ridiculous. Maybe you just need to manage your money better you fucking retard gook. |
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Date: March 28th, 2023 10:36 AM Author: Mind-boggling Disturbing Tank Incel If you have 5m in the bank, and make 300k, maybe you can afford a 1m home. If you have 1m in the bank, and make 300k, maybe you can squeak by in a $200k home, but you will live a life of nightmare proportions trying to keep up with all of the expenses of home ownership and be STRETCHED thin like phyllo dough. |
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Date: March 28th, 2023 6:11 PM Author: supple mahogany hospital (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46110024) |
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Date: March 28th, 2023 10:37 AM Author: bull headed wrinkle disco fries is a fucking loser (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107883) |
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Date: March 28th, 2023 10:38 AM Author: Stimulating Turquoise Chapel (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107894) |
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Date: March 28th, 2023 10:47 AM Author: Unhinged Razzle Stage he's not that's what's so insane about all this (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107951) |
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Date: March 28th, 2023 11:32 AM Author: bull headed wrinkle he is (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108231) |
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Date: March 28th, 2023 11:15 AM Author: topaz macaca brethren (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108136) |
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Date: March 28th, 2023 10:37 AM Author: cerebral abode travel guidebook cr, people here are financially retarded (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107890) |
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Date: March 28th, 2023 11:31 AM Author: Indigo Shrine To be fair, wow people making a quarter of a mill could afford homes 5-10 years ago? Well that certainly destroyed his argument that housing is currently too expensive.
Anyone want to play throwback to xo2007 and play weaken the argument? |
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Date: March 28th, 2023 11:48 AM Author: beady-eyed lemon milk (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108305) |
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Date: March 28th, 2023 3:19 PM Author: Autistic big locus (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109329) |
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Date: March 28th, 2023 11:46 AM Author: hideous insecure party of the first part $250k is a top 8% hhi income.
And 5 bedroom houses are more like $1.5 mil in many HCOL metros (where do you think the $250k jobs are?) |
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Date: March 28th, 2023 6:45 PM Author: supple mahogany hospital Newish 5 bedroom houses in safe suburbs within an hour or so of any city start at $1.5M. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46110186) |
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Date: March 28th, 2023 10:37 AM Author: cerebral abode travel guidebook Why do you need to "remodel"? Unless you're preparing to sell and can more than recoup the cost, sounds like goytrap nonsense (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107885) |
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Date: March 28th, 2023 10:38 AM Author: Mind-boggling Disturbing Tank Incel Because the house is shit and falling apart. New siding. Shit floors. Holes in the walls. My doors don’t even have door knobs anymore because my wife took them off. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107898) |
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Date: March 28th, 2023 10:50 AM Author: cerebral abode travel guidebook Just fix what's broken, no need to go full goy over a missing doorknob (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107986) |
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Date: March 28th, 2023 11:12 AM Author: Unhinged Razzle Stage his wife took them off on purpose because the kids were slamming doors. IT takes 2 minutes to put them back on and you can do it with a basic screwdriver; you can probably do it with a butterknife.
only disco fries would try to spin this as some major project making his house unsalable |
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Date: March 28th, 2023 11:49 AM Author: cerebral abode travel guidebook (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108309) |
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Date: March 28th, 2023 10:45 AM Author: naked duck-like cuckoldry The “American Dream” is dead and buried which means our designation as a country is essentially meaningless now. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107944) |
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Date: March 28th, 2023 10:49 AM Author: Mind-boggling Disturbing Tank Incel cr (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46107972) |
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Date: March 28th, 2023 12:17 PM Author: supple mahogany hospital what country should we all move to? (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108454) |
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Date: March 28th, 2023 2:56 PM Author: beady-eyed lemon milk El Salvador (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109201) |
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Date: March 28th, 2023 11:16 AM Author: Shimmering casino hot take most Americans are/will just be minorities renting w shitty credit (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108147) |
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Date: March 28th, 2023 11:25 AM Author: topaz macaca brethren Thinking this isn’t an improvement is literally antisemitic terrorism (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108189) |
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Date: March 28th, 2023 11:53 AM Author: Claret adventurous boiling water just learn to do things yourself and stay on top of it. the problem is you're lazy and fat. today i'm fixing some stucco because we removed vines and the moisture pulled some stucco away. $10 patch from home depot, 10 minutes to apply today, 10 minutes to paint tomorrow. many people would lose their shit over something like this and pay some flame handyman $300 to fix it. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108324) |
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Date: March 28th, 2023 12:44 PM Author: Indigo Shrine To be fair, yes this solves the problem that housing is roughly 8x incomes now. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108566) |
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Date: March 28th, 2023 12:54 PM Author: cerebral abode travel guidebook it solves disco fries problem, he just created this thread to whine about his made up problems. if you cant afford a house on 300K income with 1M saved, you're hopeless. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108601) |
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Date: March 28th, 2023 1:14 PM Author: Claret adventurous boiling water agree with RC but also to your point I think people bitch wayyyyy too much about prices, a starter home is easily attainable in the majority of the country. $3-400k isn't an insurmountable amount. maybe, not flame, proles need to cut back on the doordash. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46108674) |
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Date: March 28th, 2023 3:17 PM Author: Indigo Shrine To be fair, https://www.longtermtrends.net/home-price-median-annual-income-ratio/
"a starter home is easily attainable in the majority of the country"
At 7x median incomes (not a highly skewed average), a home is not possible huge swaths of the population.
Nice areas are just LOL if you don't already own. You can play with this. https://cnt.org/tools/housing-and-transportation-affordability-index |
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Date: March 29th, 2023 8:54 AM Author: Indigo Shrine To be fair, any response? Or you just are cool with owning your own shelter being a luxury the bottom 50% should learn to live without? (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46112703) |
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Date: March 29th, 2023 11:56 AM Author: Claret adventurous boiling water Of course I'm not OK with it. But even according to your own link, prices were nearly as high in 2005, and have since hovered around 5.5-6x median incomes, which you would expect given the historically low interest rates over that period. Things are bad now but rates will be high for the foreseeable future and it's likely prices come down moving forward. Also these numbers are probably skewed by larger cities, 7x income would be a steal in LA. Try 10-12x.
That said, there are just too many fucking people in the desirable areas and libs should be gassed for bringing millions of these muds over every year. |
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Date: March 29th, 2023 3:31 PM Author: Indigo Shrine To be fair, 2005 was considered a bubble at the time and we never actually deflated the bubble. Instead BlackRock and 0% interest rates "saved" us at the cost of fucking over working class Americans. (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46114588) |
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Date: March 28th, 2023 2:57 PM Author: beady-eyed lemon milk (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109204) |
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Date: March 28th, 2023 3:20 PM Author: Autistic big locus (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109336) |
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Date: March 28th, 2023 4:58 PM Author: purple passionate range (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46109712) |
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Date: March 28th, 2023 6:45 PM Author: supple mahogany hospital (http://www.autoadmit.com/thread.php?thread_id=5314231&forum_id=2#46110188) |
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Date: March 29th, 2023 3:10 PM Author: Unhinged Razzle Stage OP is flame, boomers are doing great & thriving
http://www.xoxohth.com/thread.php?thread_id=5315081&mc=15&forum_id=2 |
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Date: March 29th, 2023 3:16 PM Author: Cyan swollen temple These threads always go to shit because OP fails to include unspoken ancillary conditions:
Americans who work middle class jobs should be able to afford a home: in the area they grew up in, near a vital city, or without having to relocate to some brand new region
OPs usually just write "Americans who work MC jobs should be able to afford a home" and everyone jumps in "REFUTED: HERES A 250K BOX I FOUND ON ZILLOW OUTSIDE OF AKRON"
I agree with OP but I admit we should claim and own our priors: the homes that middle class people should be able to afford should be in the areas they want, within reason. Go ahead and eliminate MFH/SF/Socal beach towns, but generally yeah you should be able to live in cities you want to if you and spouse are working middle class jobs.
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