Utopia Talk - Politics - Home prices are falling finally

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Utopia Talk / Politics / Home prices are falling finally

Habebe
rank Sat Jun 20 02:14:29
A mix of zoning restrictions and poor housing management have led to some crazy prices.

Glad to see them start to fall.

This does seem to be anothwr situation where the market is HIGHLY regulated and government controlled and yet if you mention the idea of government solutions to housing costs people start screaming "FrEe MaRkEt"

As if people can just build any sort of safe housing they want without loads of government restrictions.

This was my argument with healthcare, they want a a "free market" on pricing, but everything else has to be government controlled, where you can buy, who can supply, who can you buy from, licensed etc.

If it's illegal to buy from say Canada, its retarded to claim free market to price meds as you wish.

Dukhat
rank Sat Jun 20 06:46:14
GOP - Government for me not thee.

Sam Adams
rank Sat Jun 20 06:57:00
Most people want single family homes in quiet safe neighborhoods with only SFH neighbors... So that's the zoning you are going to see dominate and that takes up a lot of space. So you are space limited.

And then it costs a lot to make and outfit a nice house.

Having an entire generation that became whiny activists rather than carpenters and electricians does not help.

murder
rank Sat Jun 20 16:57:42

They need to let people off the coast build as tall as they want as long as it fits on their property and it's safe ... with no regard to parking.

The market can take it from there.

-

Habebe
rank Sat Jun 20 21:10:05
Sam, The problems with single family homes (Philly its 88%) is it preserves property prices, but it's artificially keeping them unaffordable.

New home buyers are over 40 now.

Starter homes cost over 1 million.

Homelessness is on the rise, because people can't afford homes.

Vienna has a thing where 40% of housing is government housing, which is going to put downward pressure on all home values.

Philly rent is crazy, Like 75k house at 1500-2k a month.

Habebe
rank Sat Jun 20 21:32:11
Sam, The problems with single family homes (Philly its 88%) is it preserves property prices, but it's artificially keeping them unaffordable.

New home buyers are over 40 now.

Starter homes cost over 1 million.

Homelessness is on the rise, because people can't afford homes.

There is clear demand for apartment buildings and such. Which, would ease financial pressure on

Vienna has a thing where 40% of housing is government housing, which is going to put downward pressure on all home values.

Philly rent is crazy, Like 75k house at 1500-2k a month.

williamthebastard
rank Sat Jun 20 21:43:51
I dont get why they dont all buy nice homes, then just declare bankruptcy and live happily ever after?

Habebe
rank Sat Jun 20 21:50:04
You need to het the loan first.

williamthebastard
rank Sat Jun 20 21:53:00
Oh, you mean like the roughly half a million Americans each year that get the loan and then cant afford to pay it back?

Right. So, I dont get why they dont all get a loan for a nice home, then just declare bankruptcy and live happily ever after?

Sam Adams
rank Sat Jun 20 21:53:09
"The market can take it from there."

The market has spoken. It has allowed neighbors to enter into agreements that permanently lock into place the low crime uncrowded beautiful nature of the neighborhoods. This is what everyone wants. That is why it is expensive. Demand is high and supply is limited.

Plus the price has other benefits. It keeps out black people, sebs migrants, and other riff raff and scum, and thus makes the neighborhood a very enjoyable place to live.

You are never going to get people to give that up without first reducing the crime rate massively.

Sam Adams
rank Sat Jun 20 22:00:43
”Vienna has a thing where 40% of housing is government housing"

Vienna has no black people, and Europeans are used to being poor and living in small old apartments with no AC and no cars.

what works there isn't going to work in Philly.

Habebe
rank Sat Jun 20 22:18:06
Wtb, I know you don't get it's cool, add it to the book of things you don't know.

Sam, Yes and no.

Where do people WANT to live themselves? Like 90% want SFHs.

Now, if you ask people if we should zone more apartment buildings and such, it's like 50-80% say they support that.

That number drops closer to 30% if you add in their neighborhood.

If the idea was marketed with the intent of lowering housing costs, you could probably.get more.non homemowners on board.

It's a mix of incentives, but housing costs have just been going up too rapidly to keep up with wages, causing it's own problems (rise of homelessness for example.)

It's literally to the point where working doesn't make you well off anymore, owning property does.

There is a rule where if you improve a home and live there (I think for 20 years) it becomes yours if it isn't contested.

Alot of mexicans move into bandos and fix them up here, I doubt they apply for ownership via that route though.

Sam Adams
rank Sat Jun 20 23:49:08
As the population expands, and desirable neighborhoods in our big older cities do not, the cost of those neighborhoods must expand faster than inflation.

More people are going to need city apartments in those cities without cars.

OR you can develop smaller suburban areas into larger ones, where you still have room to expand.

Move to Atlanta. The number of new subdivisions visible as you fly into that airport stretches as far as the eye can see.

https://ww...4-Siena-Pl-30135/home/28460391
4bd 3ba 3k sqft 1+ acre land brand new in a new suburb. That's a solid house. Certainly not a starter home. Where I live that's a solid 1.8M dollar home. Maybe 2. In the growing burbs of Atlanta 500k.

Sam Adams
rank Sat Jun 20 23:52:38
https://ww...Harmony-Dr-30115/home/23646528

Lmao at those Atlanta houses. That's fucking nuts how cheap that is for what you get.

murder
rank Sun Jun 21 01:38:13

"The market has spoken. It has allowed neighbors to enter into agreements that permanently lock into place the low crime uncrowded beautiful nature of the neighborhoods."

Home owners associations and condos/condo associations should be outlawed. You're neighbors should mind their own property.

Then the market can speak freely.

-

Habebe
rank Sun Jun 21 01:39:18
Yeah a large 5 bedroom for under 1 Million? That's actually not bad.

I could be ok with Atlanta.

Philly specifically, NEEDS apartment building's. Certain parts probably need like studio apartments just to get people into homes and out of the streets/shelters.

Transportation in the city is great, but once you go towards more suburban areas, you NEED a car. Me personally Im ok with it, Ive driven my whole life.

But I know so many people here that not only don't drive, they never have plus driving in the city is horrible for so many reasons.

Our population has been growing considerably faster than available housing.

show deleted posts

Habebe rank	Sat Jun 20 02:14:29 A mix of zoning restrictions and poor housing management have led to some crazy prices. Glad to see them start to fall. This does seem to be anothwr situation where the market is HIGHLY regulated and government controlled and yet if you mention the idea of government solutions to housing costs people start screaming "FrEe MaRkEt" As if people can just build any sort of safe housing they want without loads of government restrictions. This was my argument with healthcare, they want a a "free market" on pricing, but everything else has to be government controlled, where you can buy, who can supply, who can you buy from, licensed etc. If it's illegal to buy from say Canada, its retarded to claim free market to price meds as you wish.
Dukhat rank	Sat Jun 20 06:46:14 GOP - Government for me not thee.
Sam Adams rank	Sat Jun 20 06:57:00 Most people want single family homes in quiet safe neighborhoods with only SFH neighbors... So that's the zoning you are going to see dominate and that takes up a lot of space. So you are space limited. And then it costs a lot to make and outfit a nice house. Having an entire generation that became whiny activists rather than carpenters and electricians does not help.
murder rank	Sat Jun 20 16:57:42 They need to let people off the coast build as tall as they want as long as it fits on their property and it's safe ... with no regard to parking. The market can take it from there. -
Habebe rank	Sat Jun 20 21:10:05 Sam, The problems with single family homes (Philly its 88%) is it preserves property prices, but it's artificially keeping them unaffordable. New home buyers are over 40 now. Starter homes cost over 1 million. Homelessness is on the rise, because people can't afford homes. Vienna has a thing where 40% of housing is government housing, which is going to put downward pressure on all home values. Philly rent is crazy, Like 75k house at 1500-2k a month.
Habebe rank	Sat Jun 20 21:32:11 Sam, The problems with single family homes (Philly its 88%) is it preserves property prices, but it's artificially keeping them unaffordable. New home buyers are over 40 now. Starter homes cost over 1 million. Homelessness is on the rise, because people can't afford homes. There is clear demand for apartment buildings and such. Which, would ease financial pressure on Vienna has a thing where 40% of housing is government housing, which is going to put downward pressure on all home values. Philly rent is crazy, Like 75k house at 1500-2k a month.
williamthebastard rank	Sat Jun 20 21:43:51 I dont get why they dont all buy nice homes, then just declare bankruptcy and live happily ever after?
Habebe rank	Sat Jun 20 21:50:04 You need to het the loan first.
williamthebastard rank	Sat Jun 20 21:53:00 Oh, you mean like the roughly half a million Americans each year that get the loan and then cant afford to pay it back? Right. So, I dont get why they dont all get a loan for a nice home, then just declare bankruptcy and live happily ever after?
Sam Adams rank	Sat Jun 20 21:53:09 "The market can take it from there." The market has spoken. It has allowed neighbors to enter into agreements that permanently lock into place the low crime uncrowded beautiful nature of the neighborhoods. This is what everyone wants. That is why it is expensive. Demand is high and supply is limited. Plus the price has other benefits. It keeps out black people, sebs migrants, and other riff raff and scum, and thus makes the neighborhood a very enjoyable place to live. You are never going to get people to give that up without first reducing the crime rate massively.
Sam Adams rank	Sat Jun 20 22:00:43 ”Vienna has a thing where 40% of housing is government housing" Vienna has no black people, and Europeans are used to being poor and living in small old apartments with no AC and no cars. what works there isn't going to work in Philly.
Habebe rank	Sat Jun 20 22:18:06 Wtb, I know you don't get it's cool, add it to the book of things you don't know. Sam, Yes and no. Where do people WANT to live themselves? Like 90% want SFHs. Now, if you ask people if we should zone more apartment buildings and such, it's like 50-80% say they support that. That number drops closer to 30% if you add in their neighborhood. If the idea was marketed with the intent of lowering housing costs, you could probably.get more.non homemowners on board. It's a mix of incentives, but housing costs have just been going up too rapidly to keep up with wages, causing it's own problems (rise of homelessness for example.) It's literally to the point where working doesn't make you well off anymore, owning property does. There is a rule where if you improve a home and live there (I think for 20 years) it becomes yours if it isn't contested. Alot of mexicans move into bandos and fix them up here, I doubt they apply for ownership via that route though.
Sam Adams rank	Sat Jun 20 23:49:08 As the population expands, and desirable neighborhoods in our big older cities do not, the cost of those neighborhoods must expand faster than inflation. More people are going to need city apartments in those cities without cars. OR you can develop smaller suburban areas into larger ones, where you still have room to expand. Move to Atlanta. The number of new subdivisions visible as you fly into that airport stretches as far as the eye can see. https://ww...4-Siena-Pl-30135/home/28460391 4bd 3ba 3k sqft 1+ acre land brand new in a new suburb. That's a solid house. Certainly not a starter home. Where I live that's a solid 1.8M dollar home. Maybe 2. In the growing burbs of Atlanta 500k.
Sam Adams rank	Sat Jun 20 23:52:38 https://ww...Harmony-Dr-30115/home/23646528 Lmao at those Atlanta houses. That's fucking nuts how cheap that is for what you get.
murder rank	Sun Jun 21 01:38:13 "The market has spoken. It has allowed neighbors to enter into agreements that permanently lock into place the low crime uncrowded beautiful nature of the neighborhoods." Home owners associations and condos/condo associations should be outlawed. You're neighbors should mind their own property. Then the market can speak freely. -
Habebe rank	Sun Jun 21 01:39:18 Yeah a large 5 bedroom for under 1 Million? That's actually not bad. I could be ok with Atlanta. Philly specifically, NEEDS apartment building's. Certain parts probably need like studio apartments just to get people into homes and out of the streets/shelters. Transportation in the city is great, but once you go towards more suburban areas, you NEED a car. Me personally Im ok with it, Ive driven my whole life. But I know so many people here that not only don't drive, they never have plus driving in the city is horrible for so many reasons. Our population has been growing considerably faster than available housing.
	show deleted posts

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