Unpopular opinion: We do not have a housing affordability problem. We have a crime and schools problem

Many of them, especially females, don’t know what a “starter home” is.

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I don’t think I agree with “rightfully.”

:popcorn:

My first house was 1,206 SF.

3/1

People want McMansions as their first house. Which is insane.

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In a way it makes a little sense. They didn’t see their parents’ struggle, they got used to a lifestyle.

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Bigly.

Fences in the front yard are such wonderful indicators. :rofl:

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Nope…I have yet to see all of the regs that cons complain about…I have asked several times over the years .I am sure some stupid ones exist…but no where near the amount cons whine about.

Yeah, the Beware of Dog sign might mean something too, but I can’t remember what.

Anyway I asked MS Copilot (which is sometimes accurate) the following question:
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Here is the response:
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And it provided the following links:
LINK - Compton, California: How the City became Notorious for Gang Violence in the 1980s and 1990s

LINK - PBS: Educating Compton: Race, Taxes, and Schools in Southern California’s Most Notorious Suburb

LINK - Journal article Review: Book Review: Death of a Suburban Dream: Race and Schools in Compton, California

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Maybe nobody wants to play your game because you’ll just try to lib-splain each and every one away. After all, that’s how libs roll around here. We could start with blowing up the price of lumber. (Biden, 2021. Trump too.) And that’s before the house even gets built. And it’s not just federal actions that have impacted housing costs. State. Local. Right down to HOAs. Time was, a developer could build a neighborhood, and when he was done, buy up another tract and start building another. But now a lot of municipalities will require walking trails, parks, other amenities. Those go into the price of the houses.

I find that to be interesting. I simple Google search can be very revealing. Many of the regulations have to do with land use. Less available land comes at a higher price.

https://www.sciencedirect.com/science/article/abs/pii/S0166046200000557

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Of course, the source itself is agendized, but even if only half is true…

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You know @Gaius I really believe you hit onto something.

I also believe if they can solve crime problem it would relieve some of higher prices in other neighborhoods…because the demand to move into less violent areas.

Just thinking out loud here.

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Of course in NYC homes are expensive.
It requires 1.7 McJobs to qualify to buy this 2-BR Flat in the Bronx.

Still, generation after generation after generation used this apartment/Co-op as a starter home. I don’t know if the Bronx has gotten bad recently (I think it was pretty rough already in the 70s), still a couple with less than two full-time jobs qualifies to buy this home.

I wonder why people think starter homes are unaffordable?
Affordable homes are still available but for SOME REASON people who get married and stay married, get jobs and keep jobs don’t want to commit to living here.

Looks to me like the free market is doing its job. Starter homes are still available and still affordable, but the government (schools and justice system) have failed miserably at their chosen task.

It takes a village. A vigilant one.

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The Jones’s aren’t going to keep up with themselves.

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This is a very, very important factor and so easily dismissed. The way we tax property and regulate land goes a long way towards explaining why a house in a desirable neighborhood in Houston is a 1/4 of the price of a like house in San Francisco. San Francisco is the poster child for how to make a city completely unaffordable for anyone.

It might be supply and demand but it’s an immensely constricted supply. SFO - a city with almost 400,000 households and some of the highest home prices in the nation - built approximately 1,800 new housing units in 2023. There were more new units built in most midsize suburbs in America. It’s a disgrace.

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Small percentage of a large number (city) = large number.

And the effect is?