You can still get homes for less than $200k, all over the midwest.
I actually didn't know this. I'll have to look into that when the time comes.
You just cannot get them on either coast, or in any major city
This why the crowd you're talking about will never do this. They're happy to colonize right leaning areas if it means they get to rule over the natives, but they'll never accept living in an area where those natives actually have a voice in how they're governed. A lifestyle that doesn't involve making someone else miserable is beyond their comprehension. Never mind all the hipster bullshit that they'll be further away from.
if you're okay with dumping an unknown amount of money to patch up and a crack shack in the middle of fucking nowhere, you too can have piece of property that you'll only ever lease from the government for your entire life
And how long will those places stay cheap because, sooner or later, people are going to start moving into this "cheap" places. Which causes demand. Maybe, just maybe, we actually look at why houses are so expensive instead of insisting that people just pack up everything and move their entire life to another state.
Expecting rentoids to change a furnace filter, much less completely rehab a fixer-upper, is a big ask. These shit boxes are only really affordable if you're somewhat handy, not if you call the landlord for everything.
Some of this is down to a failure of generational knowledge transfer honestly. Sure you can look up a youtube video for most of this stuff, but it was supposed to be practical skills imparted to you from your father. How many people grew up without fathers? How many present fathers failed to hand down the knowledge? How many were just bad at handing down the knowledge? There's been catastrophic breakdowns in the knowledge chain over the past few generations.
This hits the nail on the head.... I don't have much else to add, but it's the blackpill a lot of people are going to have to swallow because in some cases there is no alternative.
I think people want to take legitimate grievances, and then go full doomer over it to justify themselves not having to try.
All the problems are valid and should be addresses on a political and economic level. But people obsess over them until they are convinced its impossible and don't even try to work around it.
I know some will complain about it because they are planning ahead. They have no intention of moving into one at present but they want to get married and have kids but they just don't see ways to make it financially comfortable in the modern era.
Banks don't give loans for major fixer uppers. Being ok with buying one goes out the window pretty fast. Matter of fact most of the cheap houses that you can get a loan for will be former fixer uppers that a house flipper bought two years ago. And you will see that transaction on Zillow and get pissed off.
Regular banks also don't give loans for raw land, either.
Fair warning to everyone looking into this; if you're thinking about buying up land and building a house yourself, you'll have to jump through hoops to find a local bank specifically designed for that.
I actually didn't know this. I'll have to look into that when the time comes.
This why the crowd you're talking about will never do this. They're happy to colonize right leaning areas if it means they get to rule over the natives, but they'll never accept living in an area where those natives actually have a voice in how they're governed. A lifestyle that doesn't involve making someone else miserable is beyond their comprehension. Never mind all the hipster bullshit that they'll be further away from.
"Muh avocado toast." "Muh ethnic foods."
And how long will those places stay cheap because, sooner or later, people are going to start moving into this "cheap" places. Which causes demand. Maybe, just maybe, we actually look at why houses are so expensive instead of insisting that people just pack up everything and move their entire life to another state.
Right. If it's a "fixer upper" you've got to include the cost of fixer-uppering in the house price.
Expecting rentoids to change a furnace filter, much less completely rehab a fixer-upper, is a big ask. These shit boxes are only really affordable if you're somewhat handy, not if you call the landlord for everything.
Some of this is down to a failure of generational knowledge transfer honestly. Sure you can look up a youtube video for most of this stuff, but it was supposed to be practical skills imparted to you from your father. How many people grew up without fathers? How many present fathers failed to hand down the knowledge? How many were just bad at handing down the knowledge? There's been catastrophic breakdowns in the knowledge chain over the past few generations.
Ain't "you" the landlord?
See when people move into these neighborhoods and start fixing them up, the leftists start screeching and calling it gentrification.
This hits the nail on the head.... I don't have much else to add, but it's the blackpill a lot of people are going to have to swallow because in some cases there is no alternative.
I think people want to take legitimate grievances, and then go full doomer over it to justify themselves not having to try.
All the problems are valid and should be addresses on a political and economic level. But people obsess over them until they are convinced its impossible and don't even try to work around it.
I lived in a studio In college. That's normal. I don't know any single person that ever lived in a two bedroom apartment.
Then again, I'm significantly older than the current generation in college and saved up money to buy my own home, so there's that.
Even when it was 1500 sq ft and had 2 bathrooms I made sure it was 1 br.
Maybe people are trying to work at home. That's why I have 2 rooms now
I know some will complain about it because they are planning ahead. They have no intention of moving into one at present but they want to get married and have kids but they just don't see ways to make it financially comfortable in the modern era.
Banks don't give loans for major fixer uppers. Being ok with buying one goes out the window pretty fast. Matter of fact most of the cheap houses that you can get a loan for will be former fixer uppers that a house flipper bought two years ago. And you will see that transaction on Zillow and get pissed off.
Regular banks also don't give loans for raw land, either.
Fair warning to everyone looking into this; if you're thinking about buying up land and building a house yourself, you'll have to jump through hoops to find a local bank specifically designed for that.