Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It ISN'T nationwide as several posters have shown you. If you want to live in a desirable location, you will pay for it. Sorry but that's life.
My son want's to live in the center of a college town so he has rented a house with 4 other guys, they each pay $500 a month. They wanted something and did what was needed to get it, and these are college kids working part time jobs. I'm sure that if you put your mind to it, you can do it too.
How many graphs do you need to be shown that, YES IT IS A NATIONWIDE CRISIS!
Moderator cut: link removed, linking to competitor sites is not allowed
Rent moved right along with buying until 1990 (SHOCKER, the end of the last multi-family housing boom) when rent started to outpace housing. Following the last recession rent soared past housing, and continues to skyrocket further. The ratio of rent cost vs buying is insane today and we need millions more supply to stop rents from skyrocketing further.
Rent prices have shown zero cyclical characteristics for as long as they have been recorded back to the 1970s. They ALWAYS GO UP, and they go up drastically more when there is no supply to mitigate the demand.
Good grief. There's plenty in between. You sound like you have slightly expensive tastes and an unwillingness to compromise or consider alternatives. It seems like the biggest 'crisis' is your cognitive dissonance between how you think things should be and how you should be living and how things actually are.
What makes you think that? Please tell. You know nothing about my life other that what I pay for a tiny apartment with a roommate.
If you know that why did you post the bolded and underlined in the first quoted post? What is the purpose of posting misguiding information and then saying you knew otherwise?
Honestly, your average middle class Joe without kids has many viable housing opportunities available to him all over this country.
Moderator cut: link removed, linking to competitor sites is not allowed
Rent will continue to skyrocket until we have more supply. We need to push our politicians to start the debate on this issue. Rents are going up and wages aren't and it is purely due to lack of supply.
No. There's a difference between working hard and smart and delaying gratification over a span of decades... vs. a feeling of deserving something for merely having been squirted into the world and being a digestive tube...
Millions of renters have worked hard and delayed gratification for decades and are being gentrified out of their neighborhoods. In said neighborhoods, I have found that it's the homeowners who have a grandiose sense of entitlement, even though they are paying less than the renters being displaced.
Building code laws prevent private sector from rehabbing old houses. They dictate even how many mini-holes there should be in a screen window. So I guess they must go to someone who is a friend of the man who is the building code inspector.
Quote:
Originally Posted by Haakon
Of course, the liberal solution - spend other people's money. You think there should be more cheap housing? Great, go build it. What's stopping you from doing it? Quit complaining that someone else isn't and do it yourself, don't expect government to take care of you and pay your way, grow up and do it yourself.
Believe it or not you do not have a right to cheap housing. If you can't afford to live there then move.
Because the newcomers have the money to pay for it. Owning and renting aren't a "dibs" thing, it is a money thing.
Owning is indeed a "dibs" thing, it allows people to stay put while paying LESS for housing than newcomers.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
