The housing market - Think it depends on the definition of underwater

The Something Awful Forums > Discussion > C-SPAM > The housing market - Think it depends on the definition of underwater

«‹›2 »

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Mr. Sharps posted:

not normal, only something prospective homeowners do when they�re extremely stressed

eh. i know a whole lot of california boomers who've packed up and sold their $80k 1980 tracthouse for million+ and moved out to like Coeur d'Alene and Sandpoint or even boise. not because they're stressed but because california has gotten too lib with banning plastic bags, CRT, and gays everywhere.

# ¿ Apr 22, 2022 22:35

Adbot: ADBOT LOVES YOU

# ¿ May 9, 2024 10:48

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

StashAugustine posted:

Man we've enough racist shitheads already, gently caress off

all the CAGOP boomers retiring out to idaho are still less racist than idahoians

# ¿ Apr 22, 2022 23:29

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

AnimeIsTrash posted:

My old team's parents moved to the middle of the desert in California instead of living in the suburbs of San Diego. I am sure you can guess their political affiliation.

She helped them move and was telling us that they live in the middle of bumfuck nowhere and there is literally nothing around. They need to drive 20-30 minutes to get to the the nearest store.

that's freedom bay bee. the libs cant take away our guns and make me gay if i live an hour from the closest CVS

# ¿ Apr 23, 2022 04:54

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

actionjackson posted:

how is Honolulu so high, lol

not a lot of housing stock on the island and it's in very high demand for boomers/retirees,computer touchers who can work anywhere, etc.

hawaii IS very nice, for america. i would totally love to live in Kaneohe

# ¿ Apr 23, 2022 05:21

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

ate poo poo on live tv posted:

If you were a marxist you should know that the only thing that matters is your relation to Capital. Are you now a landlord? Then yes, you are a lib. If you own your own home, congrats you have achieved the bare minimum that all citizens would have under socialism.

this

come on cspam, it's like some of the very basics of Capital.

# ¿ Apr 24, 2022 19:22

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

BIG-DICK-BUTT-gently caress posted:

My favorite is probably concrete but it requires a whole bunch of extra reinforcement in the cabinets & floor joists to support the extra weight .. probably why you don�t see it often

that's actually not entirely true. concrete has a unit weight of around 150 pcf, lean grout/cement closer around 120, and granite is closer to 170 pcf.

though you may be pouring more mass as shear strength without steel reinforcement is poor, and more tricky with forms and polishing. i'm a perma-renter 4ever since im poor but yes polished concrete looks nicer than granite.

# ¿ Apr 25, 2022 20:05

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

spacemang_spliff posted:

every winter i bring up getting a hot tub to my fiancee and every year she (correctly) says "no you dumbass"

hot tubs are disgusting cesspools of bacterial breeding grounds that require meticulous care and attention constantly checking pH level, replacing ozone generators every 3 days, and dumping a bunch of chemicals to make it habitable and if you try to gently caress in them everyone is getting a UTI and staph infection.

but god drat they are nice as hell in the winter like sitting outside in a hot tub in the rain is great. completely loving grotesque wasteful americana consumption though.

in other words, your fiance is smart as hell, put a ring on it.

# ¿ Apr 25, 2022 20:32

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

shrike82 posted:

it'd be funny if there were material differences in home ownership rate by sub-forum

yospos is definitely the highest and having $$ houses in california, seattle, boston. AI is probably the second highest but everyone owns a 40+ year old tract house in kansas, missouri or ohio and it looks like poo poo. GIP is probably third highest with VA loans but it's mild-dewing mobile homes and other small flats out in the deep south.

# ¿ Apr 26, 2022 02:06

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

bi crimes posted:

the only posters over 35 who own in an area that isn�t blasted out or remote are pmc/computer touching white collars or have generational wealth (aka mommy and daddy bought them a house or most of a house because they got married or something)

can confirm, im 35 and have meet neither of those three criteria and im a perma-renter4ever

TheSlutPit posted:

I�m not even trying to be a hater but I think it�s ironic that the trust fund kids and stemlords have turned into the archetypical class enemies of the millennial/zoomer online left but �guy who made a cool $500k just by owning property� is seen like wow, congrats, lucky you.

the landlord is the worst mosnter but also least visible bc u can't post@them for praxis. it therefore falls to the obnoxious online stemlords scolds to be the boogeyman instead

# ¿ Apr 26, 2022 05:27

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Zantie posted:

I live in a county with a population just over 50k. The main "city" is a college town that loses half the population during the summer months. Median house prices have jumped to near $350k while a year ago it was less than $270k.

college towns tend to be hot market-wise for a lot of reasons. or at least hotter-market relative to whatever blasted out place you might live.

a) housing is a reliable 'investment' to become a parasitic landlord because students will always need housing, and it is often still cheaper to rent off-campus than at dorms for some ungodly stupid reason. it'd take collapse of the college for this to be a bad investment
b) college professors and high-level managers such make decent enough money to usually afford them vs general working populace. applies more to more famous state and private school college towns where they also make bank not just from instructing.
c) college towns are usually more vibrant than most lovely tract-house white-flight sprawl newburb town alternatives. and so for more millennial-gen-x college-educated people who can work anywhere, college towns provide more youth and lively place to live and for those with families or expecting to have kids public schools associated in the area tend to be pretty good too.
d) if you're a nasty rear end single 30-40-50-something dude you can also use your home ownership in a college town to hit on college chicks, it's insanely gross but i saw a lot of it in my old college town. tangentially also a way to live youth-vicariously like a vampire.

# ¿ Apr 26, 2022 05:36

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Zantie posted:

You clearly don't know Pullman, WA

Unless you consider the annual Lentil Festival as something vibrant and lively for the youth.

i actually dont, was talking more generally. they are of course no actual 'big city', but if you're a more well-to-do type that wants "cheaper housing than big city, 'good schools', kinda quiet sleepy place, but also has a single indian and thai food in a 10 block radius", college towns are usually better than alternative typical white flight-burbs.

at least that's the case for california college towns. humboldt, davis, santa barbara, etc

# ¿ Apr 26, 2022 06:09

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Blockade posted:

So is the market going to come down ever or is this a return to feudalism? I can just about buy a house (in nowheresville Midwest oc)

Is it better to spend my meagre savings on a place now or would I just be owning myself

do whatever you want that would make you happiest mang , planet's dying.

well, don't become a landlord.

and also dont buy a place that's in a drought / doesn't have good source of water. and also dont buy a place that requires alternating between AC/heating 365-days a year in order to not die. and also probably dont buy a place downstream of an chemical plant. and also dont buy one next to the highway. i would look at upstate NY or vermont like Adirondacks region if you could work anywhere though as a wfh stemlord. maybe midwest is fine too idk but at that point rural northern vermont seems much nicer.

Xaris has issued a correction as of 06:17 on Apr 26, 2022

# ¿ Apr 26, 2022 06:13

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

H.P. Hovercraft posted:

look at this class traitor who works all day sitting in a chair

i'm safe, i use a standing desk

# ¿ Apr 26, 2022 18:45

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

ate poo poo on live tv posted:

College in Austin was cool as gently caress, but when I went back there maybe two years ago and all of the bars on 6th st and 4th street are just the old names, but none of the atmosphere that made them good if they even still exist at all. The Library doesn't even have books anymore. The Aquarium has one wall that is an aquarium. Maggie May's has no defining characteristics. Austin City Limits is gone and replaced with condo's. Pretty sure all of the houses/bars on Rainy street are condo's now. The Iconic drag is now indistinguishable from any suburban shopping street with the same starbucks/chase bank/panera combination as all the others.

this isn't an uncommon fate. san francisco has largely been gutted culturally big time the last 15+ years. 2005 was probably around the last year it had anything resembling it's former self. oakland started undergoing this recently and still clinging on a bit but rapidly depleting too.

portland and seattle too. last time i was in seattle it was so loving bad. just completely sterile garbage

turns out when you ban people from being poor, crack down on communal living spaces, make sure rents go from <$500/mon to $1500-2000+, and remove old artist lots and grungier industrial areas to build new luxury condos everything goes to poo poo. who knew.

# ¿ May 1, 2022 04:15

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

i say swears online posted:

it is extremely far away from anything that's not a ski resort lol

feature not a bug

# ¿ May 1, 2022 04:47

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Lastgirl posted:

https://twitter.com/JoshuaPotash/status/1521127697858318336?s=20&t=YByLPpF6Y_8Tfo5CmQNYOQ

honestly that's a steal

this sold for $700k about 4 years ago in san francisco, now it's worth prob at least a cool million and way worse than that 1.2-er

# ¿ May 3, 2022 01:49

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

a Loving Dog posted:

this explains a lot lol

lol. computer touchers ftw

# ¿ May 3, 2022 05:53

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

i say swears online posted:

it's been impossible to hang out with my friends downtown the last couple years just because they go to expensive places but i'm finding it super hard to show up at bbqs and pool parties now too because we just have zero in common

yeah sure let me just blow 2 hours of wages to buy a single moscow mule or g&t at a fancy farm2table bar lol

# ¿ May 10, 2022 20:39

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

30.5 Days posted:

Haven't talked to my parents in a decade and it turns out they sold my childhood home in 2018 for 360. It's now zillowstemated at 540. lol

zillowestimate is pretty bullshit most of the time, it wouldn't surprise me if "real" price was closer to 450 in which case isn't unreasonable given how much housing exploded from just 2018 to 2022. but in any case, my parents bought their "tract starter house" in 1987 for 100k and it's now 700k (knockoff wine country ca). lol @ starter housing, what an insane idea

# ¿ May 16, 2022 03:35

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

CRUSTY MINGE posted:

Closest I might get in the future is the plains of Montana.

Montana in the shadow of the tetons is genuinely loving gorgeous and a great area. Shame that it's also now mega-expensive full of rich celebs, california tech dudes, and nyc financiers/lawyers buying up that poo poo

# ¿ May 24, 2022 22:45

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

actionjackson posted:

lol @ these graphs

https://www.nakedcapitalism.com/202...below-400k.html

i say swears online posted:

yeah austin's still hosed but the suburbs of kansas city or w/e are going to feel some pain and/or relief depending on which side you're on

yeah if you actually dig into the details, housing in northeast is still exploding (climate resiliency probably a big one) but falling in south or lovely podunks that were exploding just because they were cheap enough to gobble dozens on a balance sheet to rent out except oops its falling apart and no one wants to pay rent to live in bumblesfuck

i think we'll see flattening of costs but not actual downward prices in most places that people Want To Live (i.e. northeast).

quote:

By region, sales plunged the most in the South:

South: -19.8% for the month, -36.6% year-over-year.
Midwest: -15.1% for the month, -25.5% year-over-year
West: -13.8% for the month, -12.4% year-over-year.
Northeast: -5.9% for the month, +17.1% year-over-year

also to note is that inventory does not nessecarily mean a change in prices. it means inventory may be sitting at a higher price than people want to buy it for and people are stubborn expecting 2021-bonanza prices with 50% over asking for it, eventually that may trickle down to lower housing prices (in some areas) but it's sort of like the job market: NO ONE WANTS TO WORK ANYMORE!!! _{_{(footnote: for the wages we are offering)}}

Xaris has issued a correction as of 19:25 on May 25, 2022

# ¿ May 25, 2022 19:19

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

anime was right posted:

all of the people who got to work from home in bozeman montana suddenly have to abandon their houses to move back to the bay area and austin lol. having a sub 30 minute commute, especially with high gas prices, is gonna be what grabs people again.

is there any evidence of all the computer touchies who fled to bozeman or bend or boise or sand point or upstate ny having to come back

# ¿ May 25, 2022 19:23

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

i say swears online posted:

the COL downgrade for moving away from the bay area is still worth it for most folks i'm sure. i haven't heard about anyone being forced to move back to tech hubs. nobody even left austin in the first place

companies are probably in a dilemma where the first major corp to mandate in-office work will get hit with massive resignations. WFH seems to built-in and beneficial to a company's bottom line tbh, why pay commercial rent?

i know a few people who've left austin in part because they can live cheaper elsewhere and also are afraid of the gop (working as intended).

a lot of commercial rent is probably in long-leases and probably won't find anyone to backfill the lease at this point. also a lot of managers that want to justify their work so there's probably some push to utilize the space they have even if in the long run it may save some costs. commercial rent isn't cheap but it's also a small portion of most tech's expenses.

i guess apple and google are big ones doing office-return right now for many of those reasons, loving lmao at tim apple.

timb apple posted:

"Without the inclusivity that flexibility brings, many of us feel we have to choose between either a combination of our families, our well-being, and being empowered to do our best work, or being a part of Apple. This is a decision none of us take lightly, and a decision many would prefer not to have to make."

its also going to be exciting because a lot of big tech is now in hiring freezes and may start laying off which puts power into the corporations when they aren't competiting to out-hire each other anymore.

# ¿ May 25, 2022 19:39

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

mawarannahr posted:

is this still happening?

i guess not. im not keeping up with every happening they're doing but they were trying and will try again.

another interesting thing to watch for is for like past couple of decades its always been "all computer touchers will be outsourced!!" (to depress wages), and that didn't work because infrastructure really wasn't in place and experience didn't quite the diaspora it did before so it never panned out vs hiring people that come into the office. but now it is in place and many countries have more extensive programs with good touchers all around the planet: so if you're going to hire remote work now, why not outsource it for vastly more exploitable wages? especially with the hiring freezes and impending layoffs to cut expenses.

Xaris has issued a correction as of 19:45 on May 25, 2022

# ¿ May 25, 2022 19:42

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

H.P. Hovercraft posted:

the place where pieces of a hurricane passing over it killed more people than the actual hurricane?

probably wouldn't want to do direct-coast florida or some poo poo but yeah. west/sw is in a megadrought with increasing fires and loss of nature with not much hope in sight, midwest (outside the great lakes region) sucks rear end with increasingly lovely weather and killers of it's own. north carolina/vermont/maine/upstate ny/mass/etc is probably one of the better places to be in the coming years because at least they won't run out of water or have half the state burn down every year. lotta increasing problems there and there's no "good place" though but the areas with increasing housing costs and intracontinental movement seems to showing much more desirability there than rest of the country.

# ¿ May 25, 2022 19:50

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Ornery and Hornery posted:

2 of those 3 places are even more expensive than Seattle proper!!!

but they have """""good schools"""""

# ¿ May 25, 2022 20:06

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Bro Dad posted:

these are investment scam opportunities for ukrainian dirt magnates that just take the form of blade runner condos

if you wanna see the real poo poo go to sotheby's and check out all their price upon request listings

that is correct. its purely various forms of money laundering, wealth off-shoring, speculative asset line items that are never visited, and various permutations of the two.

no one is actually going to live in a lovely nyc condo like that, they aren't made to be lived in except only the dumbest of rubes

rich people are doing this like this https://www.sothebysrealty.com/eng/sales/int/historic-lstyle and buying 12 bdr penthouses on the water of lake coumo or a spanish island and poo poo.

# ¿ Jun 1, 2022 06:43

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Lastgirl posted:

https://twitter.com/doctorow/status/1532785118544334849?s=20&t=YIGcXm_XDi1pLl5K2w0uqA

is there any indication that housing prices are doing anything other than plateauing there

# ¿ Jun 5, 2022 22:25

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Demon Of The Fall posted:

me and my sister just put our dads house on the market today. come on baby, sell sell sell!

why didn�t you keep it to live in

I would like a house, gimme?

unless it�s in Kansas/Nebraska/ohio/Iowa/Oklahoma

# ¿ Jun 13, 2022 21:36

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Jonny 290 posted:

theres no place to dump the shitter

at least around 'ere that's what stormdrains are for

anyways your mistake was a class a, gotta use a class c. this was our hauler for ghost town trips

Xaris has issued a correction as of 02:27 on Jun 17, 2022

# ¿ Jun 17, 2022 02:25

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

used to able to pull over overnight at like rest stops. it's actually kinda funny rest stops are even a thing in america, or were i guess.

# ¿ Jun 17, 2022 02:36

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

euphronius posted:

always take pictures of your old unit when you leave. 100% of the time.

also always take pictures before you move in too + full video walktrhough just incase you missed something.

# ¿ Jun 19, 2022 22:00

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

its kinda weird having seen most of the pacnw being hollowed-out old timber-farming (timber belt) / old foundry-smelting towns with cheap land where now the only industry left is meth and gas stations, indistinguishable from most rust belt towns, to super overpriced tech/computer touching-friendly upscale towns.

a lot of the 80-90 grunge or other music scene was all about how destitute and lovely it was there

# ¿ Jun 22, 2022 03:56

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

actionjackson posted:

love to spent 4500/month to RENT a home that is in a completely car-dependent area where you don't even have sidewalks (notice picture lol)

https://www.startribune.com/upscale-rental-homes-catch-on-in-twin-cities-metro-area/600185458/

look you just get your wife and hubby both working FAANG jobs and split the rent, 2250/ea is easy and quite affordable

lol that they're the worst combination of suburban white-flight tract-house car-brained sprawl and condos with no upsides.

# ¿ Jun 27, 2022 09:05

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

Ornery and Hornery posted:

barn doors are OUT

what new gimmicky doors should be IN?

I�ll get the ball rolling with some options:

swingy saloon doors

submarine hatches

doors that swing up like a garage

how about these gimmicks

Xaris has issued a correction as of 22:05 on Jul 14, 2022

# ¿ Jul 14, 2022 22:00

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

H.P. Hovercraft posted:

i love mcmansion hell so much

same. kate ftww

# ¿ Jul 14, 2022 22:22

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

R. Mute posted:

this house kicks rear end. it's about to take off any day now

# ¿ Jul 14, 2022 22:27

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

mawarannahr posted:

you�re way too late. i visited about 10 years ago and it was full of Americans working remote + opening restaurants. surely it�s only gotten worse. two Former Googlers from America i know moved there in this time too.

computer touchers :argh:

# ¿ Jul 22, 2022 01:45

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

we need to bail out the flippers

# ¿ Oct 11, 2022 23:45

Adbot: ADBOT LOVES YOU

# ¿ May 9, 2024 10:48

Xaris: Jul 25, 2006; Lucky there's a family guy
Lucky there's a man who positively can do
All the things that make us
Laugh and cry

my grandma is on her 3rd reverse mortgage.

# ¿ Oct 26, 2022 19:16

The Something Awful Forums > Discussion > C-SPAM > The housing market - Think it depends on the definition of underwater

«‹›2 »