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FWIW my father is also a custom builder in the luxury market of North Raleigh and has been for over 20 years (has built many of the homes in neighborhoods like Devon & Bay Leaf Farms) so I have a little more insight than your condescending tone implies you believe.
Are you honestly going to suggest that the real estate market in Wake County does not have fewer starter homes now than it did before the housing bubble? I don't think a tenured realtor in this area could say that in good conscience.
Again; it's not necessarily a "bad" thing that Wake as more high-end homes than "starter" homes now....but it is a reality. Hyperbolized by N&O or not....it's a trend; not one unique to this area at all but most definitely present here.
Are we talking about North Raleigh or Wake County? I'd like to see some hard figures, as I have to think that there are still plenty of starter homes available in Knightdale, Wendell, Zebulon, etc., in addition to Garner (where I know there are plenty).
See my other posts in thread about taking charge of your career.
So just to be clear, you're claiming that for everyone in the United States who hasn't seen their inflation-adjusted salary go up in the last 22 years -- enough people so that the average for the entire country has remained flat for thirty years -- that's simply due to laziness?
That's a subject in itself, have you considered creating a thread to discuss it in the appropriate topic?
Actually you are the one who took a housing-cost thread and is trying to turn it into a "You are a doormat if you don't take charge of your own career" thread. Don't complain about a thread tangent off your own tangent--BOTH should be a separate thread from the original, which is about affordable housing in the area (though you would never know any of this from the thread title).
Yeah and interest rates were more like 7-8% in 1993, where is this 12% science fiction number? You're holding me to 1993 prices but giving yourself the freedom to use whatever interest rate you want?
While housing and the ability to afford it are linked, let's stick to housing and not blame people for having salaries that cannot afford a home of a given price. We all know that people buy houses with money other than salaries from work.
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Actually you are the one who took a housing-cost thread and is trying to turn it into a "You are a doormat if you don't take charge of your own career" thread. Don't complain about a thread tangent off your own tangent--BOTH should be a separate thread from the original, which is about affordable housing in the area (though you would never know any of this from the thread title).
No, my point started with post #28 and others took it where it ended up. My point is that local annual housing cost increases are only going to outrun income to those who allow it to. As I pointed out in another post, the economy shifts with supply and demand that is created by us. If a city gets so expensive that blue collar workers can't afford to live close enough to come to work, the city ceases to be functional. And likewise if we allow our income to continually fall below housing cost increases, it is because we allowed it to.
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