Huntsville by 2030 (Madison: real estate, apartment complex, houses)

[HSVAeroEngineer]

I have this incredible ability to see trends and recognize patterns that most of the locals here would never be able to but I wanted to shared this with you. If you don't agree, feel free to express your thoughts- I don't mind criticism as long as you can back it up with facts and data. The way I see this area in 2030:

• Average home price will be 600K which will price most natives out of the housing market. I had heard $1 million but I think that is unrealistic. Matt Curtis said 600K if I am not mistaken and I am going with his prediction- If you don't buy a house by next year, you may never be able to.

• Natives of this area making average incomes will become the "underclass" unless you get an education and go work in some STEM field. I anticipate the minimum income for a couple with no kids to live in this area comfortably by 2030 to be 200K or more.

• As home prices appreciate, I anticipate property taxes to double by 2030- there is no other way to keep up with the infrastructure that will be required with all the growth that is to come.

• The Collins will become the "standard" for new apartment complexes in this area- 1 bedroom here goes for about $1350. Mostly out of reach for a native person making an average income. I can say with absolutely certainty that 90% of people living in this apartment complex are not natives to this area.

[dwhisent]

Let me warn you from experience... shoulder surgery has a very painful recovery. I worry for you that you will injure yours from patting yourself on the back so hard.

As far as prices, those are just predictions, no one knows for sure. I am not sure that predictions from a real estate agent wanting to sell houses NOW is the best source for info. But it could be absolutely correct.

I am not sure why you are so down on the natives. You have been told repeatedly your biased feelings are not appreciated, and most normal people don't go out of their way to be insulting, unless they feel inferior for some reason. But this native has a master's in Engineering, my wife (a native) has a BSE, two of my close friends I grew up with have BSE's... not sure why you think no one around here does, just look at our STEM educational institutions.

I would agree that 90% of the folks in Collins are not natives... the natives own houses, they don't need apartments. And I certainly don't need one that is the same as my house payment was, that just doesn't make financial sense.

[4everMissouri]

That's what fast growth gets you.

[OldBankhead]

The year is 2030.

Huntsville will have surpassed Tokyo three-fold and become the world's most populous city, yet is still only served by a 6-lane 565.

The Trash Pandas been kicked up to the majors and have just completed a three peat of the World Series.

Average price of a 500sq ft tiny house is 2.5M. Most enlightened people will live in Jetson style sky domes instead to escape the Mad Max style hellscape created by "the natives" who toil on the surface down below.

Town Madison is still not complete.

[HB2HSV]

Originally Posted by OldBankhead

The year is 2030.

Huntsville will have surpassed Tokyo three-fold and become the world's most populous city, yet is still only served by a 6-lane 565.

The Trash Pandas been kicked up to the majors and have just completed a three peat of the World Series.

Average price of a 500sq ft tiny house is 2.5M. Most enlightened people will live in Jetson style sky domes instead to escape the Mad Max style hellscape created by "the natives" who toil on the surface down below.

Town Madison is still not complete.

Thank you! Stress-relief of the Day!!!

[Threestep2]

An then there will be Tina Turner!

[HB2HSV]

Originally Posted by HSVAeroEngineer

I have this incredible ability to see trends and recognize patterns that most of the locals here would never be able to but I wanted to shared this with you. If you don't agree, feel free to express your thoughts- I don't mind criticism as long as you can back it up with facts and data. The way I see this area in 2030:

It's a good thing that I have tissues handy, I spilled coffee all over my computer screen

• Average home price will be 600K which will price most natives out of the housing market. I had heard $1 million but I think that is unrealistic. Matt Curtis said 600K if I am not mistaken and I am going with his prediction- If you don't buy a house by next year, you may never be able to.

I am surprised that you as an Engineer who FAILED to provide a reference in predicting a future appreciation. As compared to what? If compared to $500K, that's only a 20% appreciation in the next 8 years. Believable?

• Natives of this area making average incomes will become the "underclass" unless you get an education and go work in some STEM field. I anticipate the minimum income for a couple with no kids to live in this area comfortably by 2030 to be 200K or more.

You'd be surprised what the "natives" make by running a gas station, a pub, a restaurant, or a microbrewery. How about the "natives" with business/ accounting degrees that work in one of several hundred NASA & Defense contractors? Many of them become CEO, CFO and make several times of your salary.

• As home prices appreciate, I anticipate property taxes to double by 2030- there is no other way to keep up with the infrastructure that will be required with all the growth that is to come.

Property tax is a % of assessed value. I recalled the Huntsville still enjoy a low property tax rate, 0.5% compared to the California 2% at a much higher (such as 4X) purchased price.

[Threestep2]

The "natives" will presevere and be it simply by having the financial and political power.

It is foot ball season - no improvement suggestions?

[FatTails]

Didn't we figure out that OP is actually a student at UAH? And didn't he say he was done trolling this forum? Guess he's a liar in more ways than one.

[djmaxwell]

Originally Posted by FatTails

Didn't we figure out that OP is actually a student at UAH? And didn't he say he was done trolling this forum? Guess he's a liar in more ways than one.

I wouldn't sully UAH with that notion.