Housing market is too far gone.

Muddy Waters

Pronouns: They/Them
OT Supporter
Dec 12, 2007
39,057
Southern California
I wanted a newer home but ended up buying a home built in the 80s. The plus side is that it's on almost an acre of land.
That's what I ended doing

Hated 60s 70s homes because of low ceilings, no windows, but liked the 3 car garage and land

Hated new construction because small driveways, no land, small two car garages.

Ended up going with a 80s home that had most of what I wanted
 

kwhitelaw

OT Supporter
Sep 1, 2004
38,132
virginia
Getting ready to flip a fairly rough long term rental client house to active tomorrow and I'm scared.. wish we could have done it 2 months ago but we couldn't get the tenant out
 
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Hisma

OT Supporter
Apr 2, 2006
51,766
Reno, NV
Mathematical average vs median is a tough compare. Top drags the first one up a lot.
let's be real. How many times have you looked at a house for sale and said "who the fuck is paying these prices?"
In the last couple years its been more times than I can count. And I'm considered "upper middle-class" on the wage-scale.
 
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Subliminal012

OT Supporter
Oct 13, 2002
56,569
San Francisco, CA
let's be real. How many times have you looked at a house for sale and said "who the fuck is paying these prices?"
In the last couple years its been more times than I can count. And I'm considered "upper middle-class" on the wage-scale.
A lot of good timing I've seen anecdotally, cash out tech stock and buy your 10-15 year home before they got rug pulled.
 
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calisteph6

Well-Known Member
May 5, 2005
16,489
KRAPROOM
61-m5AdbLYL._SL1500_.jpg
Is this not a swinger thing?
 

10dementianal

Well-Known Member
Mar 29, 2007
14,759
Is this not a swinger thing?
Having dropped in at Disney on a work trip a few weeks ago to have dinner with my 7 and 4 year old cousin, it is very real and very far from a swinger thing.. Grown ass adults at Disneyland sipping on $20 margaritas, blew my fucking mind.
 

Menger

OT Supporter
Nov 23, 2011
23,465
let's be real. How many times have you looked at a house for sale and said "who the fuck is paying these prices?"
In the last couple years its been more times than I can count. And I'm considered "upper middle-class" on the wage-scale.
Oh, a lot. But you can make that point without committing a chart crime.
 

Muddy Waters

Pronouns: They/Them
OT Supporter
Dec 12, 2007
39,057
Southern California
Gonna hold off on buying a lennar home, see how it plays out
 

El Beaner

Whale wrangler extraordinaire
OT Supporter
Jul 18, 2002
31,672
Dallas, TX

My old job at Caliber Home loans did this last year (affected me). I was a loan processor for refinance.

I moved back to mortgage default claims with another company now cause that's about to ramp up and explode probably in the next 12-18months.
 

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