I recall seeing platitudes about how we think of housing, not anything about how to achieve thatousdahl wrote: ↑Fri Aug 27, 2021 4:00 pmPlease refer to my response in the strikes threadMjl wrote: ↑Fri Aug 27, 2021 2:52 pmYes, we should assign everyone housing, everyone gets a one bedroom room apartment. It'll be great. Just like the good ole days of the Soviet Union. And yes, I will continue to put words in your mouth on this subject until you can state what it is, policy wise, that you actually want
Major housing crash coming this winter or sooner
Re: Major housing crash coming this winter or sooner
Re: Major housing crash coming this winter or sooner
"Fancy, fancy houses...and low income apartments. And there's absolutely nothing in between."
… That no-frills entry level home that Pergens describes is just about vanishing in America. Once it was the stepping stone on a path to upward mobility for a huge swath of younger Americans. In 1982, 40% of the country's newly constructed houses were entry level homes. By 2019, the annual share had fallen to around 7%.
https://www.npr.org/2021/09/04/10335854 ... evel-homes
… That no-frills entry level home that Pergens describes is just about vanishing in America. Once it was the stepping stone on a path to upward mobility for a huge swath of younger Americans. In 1982, 40% of the country's newly constructed houses were entry level homes. By 2019, the annual share had fallen to around 7%.
https://www.npr.org/2021/09/04/10335854 ... evel-homes
Re: Major housing crash coming this winter or sooner
Sounds like a big opportunity there, to do something I mean.
I saw the worst minds of my generation empowered by madness, bloated farcical naked,
dragging themselves through the whitewashed streets at dawn looking for a grievance fix.
dragging themselves through the whitewashed streets at dawn looking for a grievance fix.
Re: Major housing crash coming this winter or sooner
That's what I was thinking.
I only came to kick some ass...
Rock the fucking house and kick some ass.
Rock the fucking house and kick some ass.
Re: Major housing crash coming this winter or sooner
Do something??? Whoa bro...just wait to you see the next meme. Its gonna kill!
Just Ledoux it
Re: Major housing crash coming this winter or sooner
Here's one perfectly sensible and human way to address the problem:ousdahl wrote: ↑Sat Sep 04, 2021 7:48 am "Fancy, fancy houses...and low income apartments. And there's absolutely nothing in between."
… That no-frills entry level home that Pergens describes is just about vanishing in America. Once it was the stepping stone on a path to upward mobility for a huge swath of younger Americans. In 1982, 40% of the country's newly constructed houses were entry level homes. By 2019, the annual share had fallen to around 7%.
https://www.npr.org/2021/09/04/10335854 ... evel-homes
https://www.foxbusiness.com/personal-fi ... nt-historyStarting Sept. 18, 2021, single-family lenders will be able to automatically identify a pattern of recurring rent payments in an applicant's bank statements during the underwriting process "to deliver a more inclusive credit assessment," according to a press release from Fannie Mae.
It is but one important step in correcting the housing inequities of the past, creating a more inclusive mortgage credit evaluation process going forward, and encouraging the housing system to develop new ways of safely assessing and determining mortgage eligibility in order to fairly serve all potential homeowners.
- Hugh R. Frater, Fannie Mae CEO
This is good news for homebuyers with a limited credit history but a strong record of on-time rent payments. About 20% of U.S. adults have an insufficient credit history, in part because only 5% of renters today have their on-time rent payments reported to the credit bureaus.
[...]
Fannie Mae's newest guidelines have the potential to help millions of prospective homebuyers who are able to make their mortgage payments but don't have an established credit history. Research shows that 17% of mortgage applicants who recently did not qualify for conventional loans would have been eligible if their on-time rent payments were considered.
Re: Major housing crash coming this winter or sooner
i’d think gated, private communities will see a boom
Re: Major housing crash coming this winter or sooner
heard on the news this morning that utah has 3 of the top ten cities with the most over-valued houses
Logan, Provo, and SLC
Logan, Provo, and SLC
Re: Major housing crash coming this winter or sooner
yuck
Just Ledoux it
Re: Major housing crash coming this winter or sooner
I went out and found a little more details on what the bill actually is because that article is obviously heavily biased against the action, instead of simply reporting it. The bill seems to do nothing to "abolish most single-family zoning in California". That appears to be an outright lie. It looks like it allows homeowners in most areas around the state the RIGHT to divide their property into two lots, thereby increasing opportunities for home ownership in their neighborhood; and it allows the RIGHT to build two homes on each of those lots, with the effect of legalizing four-plexes in areas that previously only allowed one home. Nowhere in the bill does it says that these choices are required. You'd think that Republicans would like the government giving them more flexibility to do what they want with their land. "My lot, my choice" and all that...
https://www.gov.ca.gov/2021/09/16/gover ... ng-crisis/
https://cayimby.org/sb-9/
The move will no doubt reduce the number of single family zoned lots but based on the housing prices in CA, that seems like it would be a good thing.
Last edited by twocoach on Fri Sep 17, 2021 12:15 pm, edited 1 time in total.
Re: Major housing crash coming this winter or sooner
California's housing shortage is a miracle I guess, given the giant crash and all.
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Re: Major housing crash coming this winter or sooner
Now would be great time to buy some coastal property in FL.
https://www.fema.gov/press-release/2021 ... -equitable
https://www.fema.gov/press-release/2021 ... -equitable
I saw the worst minds of my generation empowered by madness, bloated farcical naked,
dragging themselves through the whitewashed streets at dawn looking for a grievance fix.
dragging themselves through the whitewashed streets at dawn looking for a grievance fix.
Re: Major housing crash coming this winter or sooner
Just Ledoux it
Re: Major housing crash coming this winter or sooner
saw this one a couple weeks ago and wasn’t sure where to put it.
I suppose it fits here now.
PSA: don’t finance a pizza.
https://twitter.com/darnelsugarfoo/stat ... 72578?s=21
I suppose it fits here now.
PSA: don’t finance a pizza.
https://twitter.com/darnelsugarfoo/stat ... 72578?s=21