https://outline.com/ZCPPvZ
There's also free WSJ via the Read Across The Aisle browser plugin and iOS app. It's a side project of mine, and there's no data monitoring or monetization. http://www.readacrosstheaisle.com
The U.S. Housing Boom Is Coming to an End, Starting in Dallas
51–60 of 162 posts
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#52Older Millenial here. Bought my house while prices were still low in late 2013. Cashed out in March of this year. Thought it was crazy it was bubbling like this again. Time will tell if that was dumb or smart but I did pay off all my debt including student loans... I personally think a crash is coming soonish. But that's just my gut.
Almost everyone thinks a crash is coming. There has never been a crash where almost everyone has seen it coming. Therefore there will not be a crash at least in the near future. Prices might pullback but it won't be a crash.
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#53I just built a home. One thing I noticed: Some builders are really stupid about reading the market and knowing what people are willing to pay. They load homes up with luxury features and then wonder why their homes sit vacant. My builder has a vacant home in my neighborhood. He ran Ethernet to all rooms, and put in other silly features, and just couldn't comprehend why his price was too high.
I don't know the details of this home you refer to, but I'd pay more for a home with ethernet in all rooms
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#54https://outline.com/ZCPPvZ
Why does HN allow intentional bypass of paywalls? It’s no different than providing links to pirated software. On the one hand, we complain about aggressive advertising while simultaneously doing everything possible to ensure publications don’t earn any money.
If paywall bypasses are banned then all paywall links should be banned from being posted
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#55Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#56Older Millenial here. Bought my house while prices were still low in late 2013. Cashed out in March of this year. Thought it was crazy it was bubbling like this again. Time will tell if that was dumb or smart but I did pay off all my debt including student loans... I personally think a crash is coming soonish. But that's just my gut.
Almost everyone thinks a crash is coming. There has never been a crash where almost everyone has seen it coming. Therefore there will not be a crash at least in the near future. Prices might pullback but it won't be a crash.
Bitcoin? Everyone saw that coming.
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#57I just built a home. One thing I noticed: Some builders are really stupid about reading the market and knowing what people are willing to pay. They load homes up with luxury features and then wonder why their homes sit vacant. My builder has a vacant home in my neighborhood. He ran Ethernet to all rooms, and put in other silly features, and just couldn't comprehend why his price was too high.
Ethernet to all rooms is really cheap, like one box of cat5e ($85), some $3 faceplates and $1.50 keystone jacks from monoprice. Assuming he did the typical builder thing of putting a steel box in the wall between two studs somewhere. Plus cost of low voltage installer labor to staple it to wood before the drywall is done, and maybe a $20 patch panel in the in-wall box. And a $9 punchdown tool. I've seen this done by installers who are actually illiterate and everything still passed 1000baseT qualification tests just fine.
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#58I am quite convinced it would be possible to build a pleasantly-looking development of $25,000 sale-value housing at 50 or 70 miles away from the urbanized area and connect it with a fast transit rail to the main urbanization. Empty land should be cheap. Buyers should be plentiful. The reason why this does not happen, is because the bureaucracy prevents it. There seems to be a strong political necessity to make accommodation unaffordable. It is a deliberate policy, of which homelessness is just an unimportant byproduct. It is your risk and fear of becoming homeless that keeps the system afloat. These dangers enslave you to your employer and to the banksters. Be a good slave!
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#59Older Millenial here. Bought my house while prices were still low in late 2013. Cashed out in March of this year. Thought it was crazy it was bubbling like this again. Time will tell if that was dumb or smart but I did pay off all my debt including student loans... I personally think a crash is coming soonish. But that's just my gut.
Almost everyone thinks a crash is coming. There has never been a crash where almost everyone has seen it coming. Therefore there will not be a crash at least in the near future. Prices might pullback but it won't be a crash.
In order for a market (that's reasonably distributed) to move in a direction, there needs to be some level of consensus. If everyone thinks there will be a crash, then there will be a crash, because everyone will sell.
Re: The U.S. Housing Boom Is Coming to an End, Starting in Dallas
#60There was a boom? All I've observed is a crazy growth of prices, making buying anything very prohibitive.
>All I've observed is a crazy growth of prices, making buying anything very prohibitive.
If only there were a good word for that...