I can tell you right now because there’s absolutely no rent controls in utah. That is not made housing any cheaper here in fact it’s gone up astronomically over just the last 5 to 6 years. And I can also tell you that building out additional housing is not helped the fact either. Because all their building is huge houses that really start at 450 to 650,000. I live in an area of town that traditionally was low income and not necessarily great. The area I live in is much nicer and I’ve lived there for quite a long time. But watching all of the new housing pop up and I literally had probably eight neighborhoods pop up of dozens and dozens of houses and the cheapest one out of those is $475,000. And I can tell you by looking at the housing market around me with all the existing homes and watching them sit because the housing market is so overpriced that even homes that literally 6 years ago for selling for 225 to 275,000 that are now selling for $480 to 650,000 or more. It’s not about the number of houses available it’s about the market in the glut. And you’re right I’m not in the position to purchase the house. I could if I wanted to. I make plenty of money but I really like where I live I don’t mind renting my landlord is awesome I’ve literally lived there for 12 years I get to do anything to the home that I want there’s not even a problem there and I pay less than what I pay trying to buy a house that’s smaller than where I live. I’ve looked at owning a home I’ve looked out purchasing a house I qualify I have the money available I have the income way above the median and Utah but I won’t pay for the shitty ass homes that they want so much fucking money for.
right, again, all that matters is you. so fuck everyone as long as you get yours. if you don’t directly benefit from new housing development, it’s terrible and awful.
because indirect benefits don’t exist. the economy doesn’t exist outside of you, you, you, you.
and you’re just bitter you can’t afford new construction so you think new construction shouldn’t exist.
i mean seriously dude, you are the problem wit hthe housing market. the reaon it’s so bad is because of people like you who think it’s all about them and nobody else should benefit if they don’t.
weird, then why do they sell so quickly then if nobody wants them?
why is it that in my own city, pretty any place that is old gets knocked down and a new larger home gets built in it’s place? or sometimes, a condo building?
They are shitty because they are built with the lowest quality to survive past the “warrenty”. Just go talk to some inspectors that sees how “well built” million dollar homes are.
why aren’t you buying up an old home and flipping it if it’s so lucrative?
Hard to compete with people with ludicrous captial. Nor do I have any interest in hoarding ludicrous wealth.
Right, and you know this how? Because you ‘feel’ it? Do you also feel vaccine causes autism and they are a vast conspiracy being imposed on you?
I can tell you right now because there’s absolutely no rent controls in utah. That is not made housing any cheaper here in fact it’s gone up astronomically over just the last 5 to 6 years. And I can also tell you that building out additional housing is not helped the fact either. Because all their building is huge houses that really start at 450 to 650,000. I live in an area of town that traditionally was low income and not necessarily great. The area I live in is much nicer and I’ve lived there for quite a long time. But watching all of the new housing pop up and I literally had probably eight neighborhoods pop up of dozens and dozens of houses and the cheapest one out of those is $475,000. And I can tell you by looking at the housing market around me with all the existing homes and watching them sit because the housing market is so overpriced that even homes that literally 6 years ago for selling for 225 to 275,000 that are now selling for $480 to 650,000 or more. It’s not about the number of houses available it’s about the market in the glut. And you’re right I’m not in the position to purchase the house. I could if I wanted to. I make plenty of money but I really like where I live I don’t mind renting my landlord is awesome I’ve literally lived there for 12 years I get to do anything to the home that I want there’s not even a problem there and I pay less than what I pay trying to buy a house that’s smaller than where I live. I’ve looked at owning a home I’ve looked out purchasing a house I qualify I have the money available I have the income way above the median and Utah but I won’t pay for the shitty ass homes that they want so much fucking money for.
right, again, all that matters is you. so fuck everyone as long as you get yours. if you don’t directly benefit from new housing development, it’s terrible and awful.
because indirect benefits don’t exist. the economy doesn’t exist outside of you, you, you, you.
and you’re just bitter you can’t afford new construction so you think new construction shouldn’t exist.
i mean seriously dude, you are the problem wit hthe housing market. the reaon it’s so bad is because of people like you who think it’s all about them and nobody else should benefit if they don’t.
Nobody wants new construction because they are build like shit.
weird, then why do they sell so quickly then if nobody wants them?
why is it that in my own city, pretty any place that is old gets knocked down and a new larger home gets built in it’s place? or sometimes, a condo building?
if ‘nobody wants new construction’
Because shitty flippers buy up all the old homes and ruin them with lipstick and charge 10 times what they pay for them.
right, are they shitty because they are making money doing that? or shitty because you can’t get in on that game?
why aren’t you buying up an old home and flipping it if it’s so lucrative?
They are shitty because they are built with the lowest quality to survive past the “warrenty”. Just go talk to some inspectors that sees how “well built” million dollar homes are.
Hard to compete with people with ludicrous captial. Nor do I have any interest in hoarding ludicrous wealth.
and why are you so upset about all of that if you can’t afford them?
sounds like you should go buy an old home and just enjoy it’s quality construction then. win-win for you.
and the more homes that get produced, the lower the cost of the old home will be, because it won’t be as desirable to flip it.
Idiot.
yeah, keep insulting me, that will totally make housing affordable for you.
must be nice to stew in your own bitterness and ignorance and think everyone else is the problem. sounds like a pretty privileged life to me.