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re: "Starter home" will cost >$1 million in 237 cities.

Posted on 7/26/24 at 8:43 pm to
Posted by Poichess
Member since Jun 2019
845 posts
Posted on 7/26/24 at 8:43 pm to
Starter home was $100K in 2001
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
90625 posts
Posted on 7/27/24 at 12:52 pm to
quote:

Not as bad as you might think. There was a citizen initiative amendment to the state Constitution in 1978 limiting property taxes.


They were still reasonably conservative in some areas, then. Reagan had just been governor and would go on to carry the state twice in Presidential elections over the next 6 years.

They get you with income and sales taxes, though, right?
This post was edited on 7/27/24 at 12:53 pm
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
35593 posts
Posted on 7/27/24 at 1:30 pm to
quote:

Brian, 55, from Central says these damn millennials need to suck it up, stop buying Starbucks and watching their Netflix, and buy a starter home in a not so great area of town.


Spot on
Posted by 844_Tiger
Down_Under
Member since Jul 2021
99 posts
Posted on 7/27/24 at 1:47 pm to
quote:


We live in L.A. but nowhere near the fancy areas. I’m assuming they have greater than $1.5M sunk into their starter home.

How the hell can people afford to live in Los Angeles? Is everyone just in debt up to their eyeballs? Trust fund babies? Drug dealers?
San Francisco I can understand with the high paying Tech Jobs, or Boston with the pharma jobs. But L.A.?
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
64859 posts
Posted on 7/27/24 at 1:54 pm to
quote:

How the hell can people afford to live in Los Angeles?


I always wonder this about all the people who perform unskiled work in major cities. Where/How are they living?
Posted by theCAW
Polk County
Member since Dec 2023
3430 posts
Posted on 7/27/24 at 3:14 pm to
quote:

In North Alabama where I live you can find plenty of houses that are 2500-3000 sq feet and you will pay somewhere around 225k to 250k. Y'all are crazy paying that kinda prices for a house
that’s because ur poor trailer trash
Posted by cyarrr
Prairieville
Member since Jun 2017
3510 posts
Posted on 7/27/24 at 4:45 pm to
quote:

Where do you expect to work in the restaurants, coffee shops, etc to live? They should have to suck it up and commute 2 hours each way to serve your entitled, arrogant arse?


When I was in college and working similar jobs, I had roommates.

For a while afterwards I continued to have roommates until I could afford better.

Is this not an option?
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