#us housing market

[autumngracy]

How the US Is Destroying Young People’s Future | Scott Galloway | TED

[guavagyal]

seeing all these unemployed people looking for houses outside of America on House Hunters makes me think I should do the same. if they can believe their delulu, I should start too.

[greenpitbullzombie]

Pls, let me have house. Pls.

[nevershootamockingbird]

[ begin id: a screenshot of text, in which the last sentence is highlighted. The text reads ""What we are building is at the high end, because of the increased cost of construction and because we have a lot of demand from higher-income renters," says Airgood-Obrycki. Most new apartments over the last decade have gone for $1,400 a month or higher, "and that's not affordable to the majority of renters."

At the same time, she says the market has lost millions of low-rent units for $600 a month or less. And these trends are continuing a long-term, growing gap in what people can afford. Since 2001, the Harvard report notes, median rents have risen by 21% while the median annual income for renters has risen just 2%." / end id ]

Admittedly, when I first saw this headline, my immediate thought was, "yeah, no shit," but it's good to have studies giving hard numbers. It also makes me feel a little better, weirdly, because at least our struggles with rent aren't just because we suck at money or something. It's the system, not the individual.

[monsterkong]

Why Can't Millennials Afford Homes?

Hey Tumblr fam!

Let's get real about why so many of us can't seem to snag a piece of the American Dream—a.k.a., owning a home. 🏠💬

The Great Commute

First up, the wild reality that moving cities for work is becoming a no-go. Instead of relocating, people are commuting crazy long distances because they just can't afford the move. Imagine commuting from Chicago to Dallas! Yeah, it's happening.

Scarcity Skyrockets Prices

There aren't enough homes on the market, and this scarcity is making house prices soar. It's basic economics, but it hits hard when you're house hunting and everything is just...expensive.

Are We Even Building?

You'd think the solution is to build more homes, right? Well, it's not that we're not building, but we're definitely not building enough. Red tape and regulations, especially under the current administration, are slowing things down and bumping up costs big time.

Looking Back for Answers

Some folks argue that we need to roll back to a less regulated era, like during the Trump years, to kickstart housing development and make homes affordable again. Could deregulation be the key?

The Fed's Fingerprints

The Federal Reserve's decisions on interest rates have a massive impact on mortgage costs. With rates climbing, owning a home gets even pricier, adding another layer of "ouch" to our wallets.

TL;DR

It's tough out there for would-be homeowners. High prices, not enough houses, and costly mortgages are making it super hard for millennials to buy homes. Is there a light at the end of this tunnel? Stay tuned as we dive deeper into the economic trends shaping our lives. ✨🔍

[missycaulk]

What the Latest NAR Settlement Means for You

The recent settlement in the National Association of Realtors (NAR) case, has sparked widespread discussion and, unfortunately, some misconceptions. Despite what the headlines may suggest, the settlement is not about diminishing the value real estate professionals provide or making homeownership a distant dream. Instead, it’s an opportunity to enhance transparency, flexibility, and ultimately,…

[mfi-miami]

The American Housing Market Resembles 2006

The American Housing Market Is Resembling 2006. Is It Deja Vu All Over Again? The American housing market is sound disturbingly familiar to us who survived the housing crash 15 years ago. Skyrocketing home prices have very suddenly leveled off. Recession fears are swirling and the number of home sales has dropped off in the past year. Is it 2006? Remember, the year that saw the ramp-up to…

[blank-house]

Kickstarter Countdown Begins!

Your friendly student body president is here to remind you that our Kickstarter for Keyframes is set to launch in two weeks!

For the next fortnight (hah) we will be dropping teasers of the merch for the KS, and some really cool art collabs from artists that the team looks up to. Assss well as a little something something with a dope indie studio.

If you have any questions about the KS, don't hesitate to drop it in our inbox andddd we'll get to answering those as soon as we can!

Otherwise, look forward to the upcoming days with us!

(BLANK) House

[ ◉ ¯]

Art by Red Pen

Follow our Kickstarter pre-launch page HERE!

[uncanny-tranny]

Good news! You aren't required to make your hobbies and passions "marketable." In fact, your crafts, hobbies, and passions don't even need to be public if you so choose. You don't have to spend all of your energy becoming perfect if you aren't enjoying the process. You are not a product, you are a person, a creative, and your work also does not need to be a product.

[that-punk-adam]

This is not at all a new take on life here in the US of A however I feel as though I will peel my skin off if I don’t say it;

People are seeing death as a valid option to the current state of the world + the future and now I am fully understanding why.

There is no more ‘village’. There are no reliable social safety nets installed that are realistic or easy to access. You H A V E to drive EVERYWHERE if you’re even able to drive. If your area has a bus it has to fight on the road with every other driver. To get 9 miles away from point A to B takes 2 hour out of your day. No one is hiring or they are paying minimum wages for you to run their whole circus operation damn near by yourself. Average 1 bedroom apartments are $1.1k a month for 500 sqf and if you SOMEHOW get a roommate and get them to agree to split rent and utilities then y’all are going to battle for personal space. A 2 bed is out of the question bc there is no way in hell that you can save anything if you are spending more then half of your wages on rent. You want to go out and have a sense of what it means to be fulfilled as a human? Don’t even dream about it, you have your bills coming up.

Get a second or 3rd job? Wait… you were able to find one? They didn’t ghost? Lucky you; now you are better off & you can now sleep knowing that the 2nd job will be able to pay for the gas ($3+/gal), insurance (3X what it used to be but still making you open up ur wallet before they step in), and your car note! (Wayyy too much for a used).

What is fun? What are get togethers? What is a ‘cheap meal’? What’s a bucket list? What’s a vacation? What’s a hobby? Wait, you can afford to replace items and not get anxiety over it? You can afford more then an arm full of groceries?? Will you be able to retire by the time you’re 60 with enough money in the bank to not just exist, but to do the things you’ve always wanted to do during those working decades? What will elder and death care look like? Will your children be able to not live in poverty?

We as young people are seeing death as a valid option because we know we will NEVER see an adult life like those before us prior to the 90’s. Starting a family or adding on to your family will put you in poverty. Buying a house if you’re fortunate enough will put you in poverty. Renting will put you in poverty. Working more jobs will put you in poverty. Having a car will put you into poverty, not having one will keep you from ever getting one. We will just work and work to never ever have anything to show for it. This is not the lifestyle that I’d doom more life to do for the rest of their lives. Something’s gotta change sooner rather then later and it’s gotta be grass roots. We have to be willing to break some rules to get to where we need to be.

Things. Must. Change.

[frogeyedape]

I am so unbelievably pissed off. FUCK HOAs

Oh, my trash/recycling bin can't be visible except on pickup day? Ok whatever fine I hate you but I can deal with this

Weekly inspections?????? FU FU FU FU FU

SECOND NOTICE ALSO WE'RE CHARGING YOU MONEY TO SEND YOU CERTIFIED MAIL OF THIS TOTALLY LEGIT TOTALLY SECOND NOTICE OF WHAT IS ACTUALLY A VIOLATION cue me: checks notes. Hmm. My recycling bin was. on the curb. on recycling pickup day. You know. The day it has to be out. The day it is motherfucking ALLOWED TO BE FUCKING OUT AND VISIBLE.

so. 1) not a violation

I have sent them the trash AND recycling pickup schedules, which are DIFFERENT, btw

I have disputed the fact of the violation

I have disputed the linking of this "violation" to a previous violation MONTHS AGO--their "first notice" in this case was a "Courtesy Notice" LITERALLY 5 MONTHS AGO and they've done so many inspections since then and my bin CLEARLY WASN'T OUT IN THOSE INTERVENING MONTHS so WTMFH

So I am posting like a crazy person here instead of sending the absolutely deranged email I almost sent (I did send a slightly less deranged version with the disputes, and requesting a hearing)

OMG. It has been. Less than one hour since I learned this fun fun news. My bin was out YESTERDAY, y'all. YESTERDAY. I am going to blow a gasket

[anarchywoofwoof]

this could legitimately be about any cause that liberals "support," but in particular, i made this in response to the reaction from some of the local city-based subreddits that i've been reading recently.

self-proclaimed "pretty progressive people" are complaining of "empathy fatigue" (LOL) because they have to "deal with" unhoused people and people addicted to drugs on a regular basis.

as usual, pulling back the curtains on the real state of the world has always been too grotesque for these NIMBY-types to stomach. so they'll turn their backs on their so called "principles" because they have a high population of unhoused people in their area and it's starting to personally affect their comfort.

we're not asking questions like: why are we still allowing anyone in any major metropolitan city to sleep on the ground, outdoors or wander the streets aimlessly, high out of their minds and potentially a danger to themselves and others?

we continuously fail the most vulnerable people in our society and insist that we are already doing "so much" to help them, meanwhile, 15.1 million homes sit vacant in this country (10.5% of the real estate market), all while foreign investors continue to buy them up like the housing market is going out of business (spoiler).

your support for marginalized people should not be based upon some fictitious level-based system of discomfort that you experience upon interacting with them.

no matter what "resources" have already been provided, clearly it's not enough, because there are still people sleeping on city streets in the richest country on earth.

this is what a lot of people on the far-left have been saying: there needs to be a radical shift in the way that we view not just the problems that we have, but the solutions. we create artificial barriers and then blame them for getting in the way.

we have to be able to do better than throwing pittance money at big problems that inevitably we know won't be nearly enough, but will later be pointed to as a massive investment. we know this is not true and we allow them to lie to us anyway. look at the dollars going to ukraine and israel and then tell me that it is proportionate to the money we spend on addressing the housing crisis or the health care crisis or any other crisis that we have in our own backyard.

this ended up longer than i intended. between the rampant racism toward Arab folks and the about-face so many liberals have performed on taking care of our societies most vulnerable, i'm so disappointed with where we are now. it's embarassing.

[fuchsea]

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[missycaulk]

Maximize Your Home Sale with the Power of Equity

Key Points Understanding your home equity can be a game-changer when deciding to sell your home, especially in today’s market of high mortgage rates. Nearly 70% of homeowners have significant equity, making it an opportune time to consider selling. Our expert real estate team is here to guide you through the process, offering free home equity assessments and answering any questions you may…

[silverhalla]

when I was little I used to play clue with my sister and when I won by being like “okay YOU don’t have the candlestick and I don’t have the candlestick and there are no more cards, so it’s gotta be the candlestick” she would get really mad and tell me I was cheating because I wasn’t supposed to be making assumptions like that and she didn’t understand where I was getting the info from, so I was ruining the game for her

anyways I don’t rly get why people on twt are THAT mad about veilguard spoilers because they do not seem that deep