|
HGTV poisoning edit: 2 lovely snypes in a row 
|
#
?
Jul 6, 2023 15:54
|
|
|
|
| # ? May 24, 2024 12:24 |
|
|
Sweeper posted:as far as I can tell you are expected to save up for a new down payment while paying your mortgage and then swing proceeds from the sale of your home + extra down payment money into a new home, keeping your monthly low by having more to put down? I’m not entirely sure how it is supposed to work though, do you just recast your new mortgage immediately? sell before moving? contingent sales? it’s all very house of cards-ish, market would dry up any time rates increase enough to make saving to keep the same rate untenable. obviously lenders are happy to give you obscene amounts of money for sky high monthlies and many people seem to do that which makes it even more expensive to buy Even so,  quote:
The talk I've been hearing is that the moment rates drop again in any significant way, prices will get ratcheted up again because "people were buying $XXX at 7%, so clearly they can pay $(XXX)*1.25 at 4%!!" Prices will never go down again in any appreciable way again, it will just be accepted going forward that everyone should be paying half their gross on housing.
|
|
#
?
Jul 6, 2023 15:57
|
|
|
you are 1000% right
|
|
#
?
Jul 6, 2023 15:58
|
|
|
half you income on housing half your income on health care half your income on food half your income on education no problem
|
|
#
?
Jul 6, 2023 15:59
|
|
|
no issue. credit will be cheap again. next!
|
|
#
?
Jul 6, 2023 16:00
|
|
|
I wonder how much of the housing crisis is being driven by a lack of raw materials. Modern 2x4s are poo poo, there's a cartel that's jacking up the price of gypsum with zero government intervention or oversight, and we don't do masonry anymore because it's too expensive and we don't have the tradesfolks to build it properly anymore.
|
|
#
?
Jul 6, 2023 16:04
|
|
|
is residential home construction with steel studs not allowed for some reason? using 16 gauge 3 5/8 stud with clips and building box beam headers, and even using chicago bar if you must, it's lightning quick and rock solid. what i just described is overkill, but i dunno what the code requirements would be. any crew that can frame out a house in timber can do it in steel. materials cost can be higher for steel, but insurance/labor is always lower. can't see how steel hasn't started to edge into timber more other than inertia
|
|
#
?
Jul 6, 2023 16:16
|
|
|
my bony fealty posted:why do your neighbors have your and your others neighbors' email that's awful we use a google group to send out emails such as: "is this someone's bike in my yard?" "heads up: this dude took all my mail." "oh yeah he took my son's bike too." etc etc
|
|
#
?
Jul 6, 2023 16:27
|
|
|
JAY ZERO SUM GAME posted:is residential home construction with steel studs not allowed for some reason? using 16 gauge 3 5/8 stud with clips and building box beam headers, and even using chicago bar if you must, it's lightning quick and rock solid. what i just described is overkill, but i dunno what the code requirements would be. Anecdotal but the only place I see steel framing used is in highrise condo buildings
|
|
#
?
Jul 6, 2023 16:36
|
|
|
JAY ZERO SUM GAME posted:is residential home construction with steel studs not allowed for some reason? using 16 gauge 3 5/8 stud with clips and building box beam headers, and even using chicago bar if you must, it's lightning quick and rock solid. what i just described is overkill, but i dunno what the code requirements would be. It's mostly because tradesmen don't like it. When you ask a contractor to build your home with steel, they will redirect you. Nail gunning pine is easy!
|
|
#
?
Jul 6, 2023 16:37
|
|
|
Steel conducts heat like a goddamn highway too, the increased insulation costs are probably going to eat any savings because with thin studs ur insulation batts aren't gonna fit properly. sprayfoam the entire structure maybe, but then you have to upgrade ventilation and air processing (probly a good idea these days anyway) also yeah tradesmen can't work it as profligately and unreservedly as they're used to.
|
|
#
?
Jul 6, 2023 16:41
|
|
|
JAY ZERO SUM GAME posted:is residential home construction with steel studs not allowed for some reason? using 16 gauge 3 5/8 stud with clips and building box beam headers, and even using chicago bar if you must, it's lightning quick and rock solid. what i just described is overkill, but i dunno what the code requirements would be. there are actually quite a few companies in texas that will pour a slab and build you a steel-frame house or super-large garage that you then do all the interior work with someone else https://rafterpconstruction.com/where-we-build/floor-plans/
|
|
#
?
Jul 6, 2023 16:45
|
|
|
i say swears online posted:there are actually quite a few companies in texas that will pour a slab and build you a steel-frame house or super-large garage that you then do all the interior work with someone else
|
|
#
?
Jul 6, 2023 16:48
|
|
|
i say swears online posted:there are actually quite a few companies in texas that will pour a slab and build you a steel-frame house or super-large garage that you then do all the interior work with someone else https://rafterpconstruction.com/floor-plan/dallas/ The most Texas thing imaginable, a small living space attached to a gigantic garage
|
|
#
?
Jul 6, 2023 16:53
|
|
|
Pittsburgh Fentanyl Cloud posted:https://rafterpconstruction.com/floor-plan/dallas/ appropriately named considering Dallas was the most car-obsessed and car-vain place i've ever been
|
|
#
?
Jul 6, 2023 17:13
|
|
|
I had a gun pulled on me in Dallas in 1999 for not driving fast enough. I was driving a Ford diesel lift truck with a trailer that might have hit 60mph if you gave it a half hour to get there.
|
|
#
?
Jul 6, 2023 17:15
|
|
|
Pittsburgh Fentanyl Cloud posted:https://rafterpconstruction.com/floor-plan/dallas/
|
|
#
?
Jul 6, 2023 17:18
|
|
|
same except in 2009 and for merging correctly. multiple guns. like something out of a movie or music video lol a buncha dudes in an escalade with spinners taller than my two-seater's doors
|
|
#
?
Jul 6, 2023 17:19
|
|
|
JAY ZERO SUM GAME posted:that's where the table saw and sheet goods go for me to build the rest of the house yeah it would be fun to have a workshop where i'd just lathe bits of wood all day
|
|
#
?
Jul 6, 2023 18:07
|
|
|
Goons just discovered bardominiums. I looked this up last year while pondering some options. The good ones will have thicker exterior walls so you can insulate the poo poo out of them. I don't think after finish out that one comes out any cheaper any more these days. It's same sad thing as modular homes; you might come out 10% cheaper than if you had done exactly what you wanted using stick-built.
|
|
#
?
Jul 6, 2023 18:59
|
|
|
Starter home is just a nicer way of someone saying they think your place is too small
|
|
#
?
Jul 6, 2023 20:21
|
|
|
https://www.youtube.com/watch?v=KttowF53r0I
|
|
#
?
Jul 7, 2023 05:32
|
|
|
|
|
#
?
Jul 7, 2023 05:39
|
|
|
It's a shame that when houses that landlords own get foreclosed on, the property is completely deleted from existence. This will make more people homeless.
|
|
#
?
Jul 7, 2023 07:16
|
|
|
thinking pervert poo poo - living with economic security due to a stable housing situation 😈
|
|
#
?
Jul 7, 2023 12:33
|
|
|
https://twitter.com/unusual_whales/status/1677046256525524992?s=20
|
|
#
?
Jul 7, 2023 12:50
|
|
|
Ornery and Hornery posted:thinking pervert poo poo - living with economic security due to a stable housing situation 😈 dangerously horny for these forums
|
|
#
?
Jul 7, 2023 12:50
|
|
|
7.22% is insane. Surely this will reign in prices before commercial real estate implodes!
|
|
#
?
Jul 7, 2023 12:51
|
|
|
very cool that there are people out there getting 30 year mortgages at 10% and more, very healthy economy
|
|
#
?
Jul 7, 2023 12:57
|
|
|
very cool for someone like me who is moving to a different city . going to love talking to my well off elderly relatives this weekend about the contradictions of “bidenomics” since they are all CNN brained super succs. it’s going to be great when fed just keeps on raising rates.
|
|
#
?
Jul 7, 2023 13:51
|
|
|
the number must go up tho
|
|
#
?
Jul 7, 2023 13:58
|
|
|
I have noticed barely any slow down in house sales houses are still selling in days. my neighbor never even had a open house. they are probably all being bought by institutional buyers 
|
|
#
?
Jul 7, 2023 14:01
|
|
|
anyone who wants to sell a house is driven to never take prices down, even if it's not selling, because they need the cash to afford the next mortgage lmao everything is poo poo
|
|
#
?
Jul 7, 2023 14:02
|
|
|
A Bad King posted:7.22% is insane. Surely this will reign in prices before commercial real estate implodes! It's normal for a very healthy economy to not function at historically normal interest rates. Healthy economies need a free money hose to function.
|
|
#
?
Jul 7, 2023 14:06
|
|
|
euphronius posted:I have noticed barely any slow down in house sales That's great I hope someone wants to buy my piece of poo poo trailer park home so I can quit paying lot rent on it
|
|
#
?
Jul 7, 2023 14:06
|
|
|
euphronius posted:I have noticed barely any slow down in house sales 
|
|
#
?
Jul 7, 2023 14:08
|
|
|
euphronius posted:I have noticed barely any slow down in house sales My boss just moved to be closer to family and her realtor asked her straight-up how much she would take for the house and within 24 hours had brokered a cash deal with an investor. The house never even hit the market.
|
|
#
?
Jul 7, 2023 14:10
|
|
|
Nothus posted:My boss just moved to be closer to family and her realtor asked her straight-up how much she would take for the house and within 24 hours had brokered a cash deal with an investor. The house never even hit the market. I've been watching the listings versus recently sold for years and this happens with a shitload of properties, increasingly more so today but I remember seeing it in 2016 too
|
|
#
?
Jul 7, 2023 14:11
|
|
|
Sell your home and live in the forest so you can help to heal the economy by increasing supply.
|
|
#
?
Jul 7, 2023 14:12
|
|
|
|
| # ? May 24, 2024 12:24 |
|
|
Maybe they could increase the supply by building more housing? idk  whoops, all landlords
|
|
#
?
Jul 7, 2023 14:14
|
|