Moody's says Home prices will fall 20% soon

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between 1900 and 2000 real estate appreciated at about the rate of inflation, maybe add < 1%. Not true for 2000-2022. But I expect after some time goes by, we will look back and say "Hey, from 1900 to 2050, real estate appreciated by about the rate of inflation, maybe add < 1%""

good. hopefully we will start building more too. things like the 'missing middle' movement and navy yard development are starting to make a difference

There is no “middle middle” or “housing crisis” only an entitlement mentality crisis. People can’t find housing only because they are not willing to live where they can afford. This is all a ruse by developers, building companies and real estate agents to make money.

This is the biggest NIMBY cope I've ever seen.

"Instead of just building more where people actually want to live, the solution to expensive housing is to force people to live ever further out, then calling them "entitled" when they rightfully point out that having a 2 hour commute from the middle of nowhere is a miserable way to live. I got my affordable, close in house, so screw everyone else for wanting what was handed to me."

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between 1900 and 2000 real estate appreciated at about the rate of inflation, maybe add < 1%. Not true for 2000-2022. But I expect after some time goes by, we will look back and say "Hey, from 1900 to 2050, real estate appreciated by about the rate of inflation, maybe add < 1%""

good. hopefully we will start building more too. things like the 'missing middle' movement and navy yard development are starting to make a difference

There is no “middle middle” or “housing crisis” only an entitlement mentality crisis. People can’t find housing only because they are not willing to live where they can afford. This is all a ruse by developers, building companies and real estate agents to make money.

This is the biggest NIMBY cope I've ever seen.

"Instead of just building more where people actually want to live, the solution to expensive housing is to force people to live ever further out, then calling them "entitled" when they rightfully point out that having a 2 hour commute from the middle of nowhere is a miserable way to live. I got my affordable, close in house, so screw everyone else for wanting what was handed to me."

There is plenty of affordable housing close in. But people don't want it because it might be near certain types of people they don't want to live near.

People want to live in certain places because of the way they are today, not necessarily because of how they might be in the future. North Arlington is desirable because it has SFHs with property close to DC, not because it has lots of dense development and apartment buildings. At least be honest as to why these areas are desirable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between 1900 and 2000 real estate appreciated at about the rate of inflation, maybe add < 1%. Not true for 2000-2022. But I expect after some time goes by, we will look back and say "Hey, from 1900 to 2050, real estate appreciated by about the rate of inflation, maybe add < 1%""

good. hopefully we will start building more too. things like the 'missing middle' movement and navy yard development are starting to make a difference

There is no “middle middle” or “housing crisis” only an entitlement mentality crisis. People can’t find housing only because they are not willing to live where they can afford. This is all a ruse by developers, building companies and real estate agents to make money.

This is the biggest NIMBY cope I've ever seen.

"Instead of just building more where people actually want to live, the solution to expensive housing is to force people to live ever further out, then calling them "entitled" when they rightfully point out that having a 2 hour commute from the middle of nowhere is a miserable way to live. I got my affordable, close in house, so screw everyone else for wanting what was handed to me."

This is the biggest SILLY cope I've seen. Why do you think everyone wants to live in Arlington? Do the many people who work in Loudoun, Prince William and western Fairfax County have to live in Arlington? why can't they live near where they work and not make a two hour commute from Arlington to their jobs?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between 1900 and 2000 real estate appreciated at about the rate of inflation, maybe add < 1%. Not true for 2000-2022. But I expect after some time goes by, we will look back and say "Hey, from 1900 to 2050, real estate appreciated by about the rate of inflation, maybe add < 1%""

good. hopefully we will start building more too. things like the 'missing middle' movement and navy yard development are starting to make a difference

There is no “middle middle” or “housing crisis” only an entitlement mentality crisis. People can’t find housing only because they are not willing to live where they can afford. This is all a ruse by developers, building companies and real estate agents to make money.

This is the biggest NIMBY cope I've ever seen.

"Instead of just building more where people actually want to live, the solution to expensive housing is to force people to live ever further out, then calling them "entitled" when they rightfully point out that having a 2 hour commute from the middle of nowhere is a miserable way to live. I got my affordable, close in house, so screw everyone else for wanting what was handed to me."

There is plenty of affordable housing close in. But people don't want it because it might be near certain types of people they don't want to live near.

People want to live in certain places because of the way they are today, not necessarily because of how they might be in the future. North Arlington is desirable because it has SFHs with property close to DC, not because it has lots of dense development and apartment buildings. At least be honest as to why these areas are desirable.

There is really not that much affordable housing closer in. I really hate when people say "there are 10 houses under $500k within 5 miles of the DC border!" because 500k at 7% interest IS NOT AFFORDABLE to most people. It's not just that white people are scared to live in PG County or whatever you're implying...it's very expensive there too!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between 1900 and 2000 real estate appreciated at about the rate of inflation, maybe add < 1%. Not true for 2000-2022. But I expect after some time goes by, we will look back and say "Hey, from 1900 to 2050, real estate appreciated by about the rate of inflation, maybe add < 1%""

good. hopefully we will start building more too. things like the 'missing middle' movement and navy yard development are starting to make a difference

There is no “middle middle” or “housing crisis” only an entitlement mentality crisis. People can’t find housing only because they are not willing to live where they can afford. This is all a ruse by developers, building companies and real estate agents to make money.

This is the biggest NIMBY cope I've ever seen.

"Instead of just building more where people actually want to live, the solution to expensive housing is to force people to live ever further out, then calling them "entitled" when they rightfully point out that having a 2 hour commute from the middle of nowhere is a miserable way to live. I got my affordable, close in house, so screw everyone else for wanting what was handed to me."

My commute is over an hour each way, so I have no sympathy for people that complain about not being able to afford housing where they want to live but cannot afford it. Immigrant families usually know the difference between wants and needs and do not complain about these ridiculous things. They just work harder and make best of their situation without crying themselves to sleep about how life is unfair. Many of Americans do not have realistic expectations anymore and they expect everything to be handed to them. I’m also much younger than a boomer, and bought a house very recently. The most desirable locations in the US will never be affordable to the average person so this whole missing middle mantra nonsense and complete BS. It is a dishonest campaign by developers and real estate agents to make money from development and force existing residents to subsidized it. By right development usually does not include monetary proffers. The developers are using the narrative to promote policies that allow them to weasel out of financial contributions to pay for improvements infrastructure improvements and schools needed for to accommodate new residents. They are using MM development as an excuse, but this policy will destroy the middle class and create society of renters for almost everyone that is not rich.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Between 1900 and 2000 real estate appreciated at about the rate of inflation, maybe add < 1%. Not true for 2000-2022. But I expect after some time goes by, we will look back and say "Hey, from 1900 to 2050, real estate appreciated by about the rate of inflation, maybe add < 1%""

good. hopefully we will start building more too. things like the 'missing middle' movement and navy yard development are starting to make a difference

There is no “middle middle” or “housing crisis” only an entitlement mentality crisis. People can’t find housing only because they are not willing to live where they can afford. This is all a ruse by developers, building companies and real estate agents to make money.

This is the biggest NIMBY cope I've ever seen.

"Instead of just building more where people actually want to live, the solution to expensive housing is to force people to live ever further out, then calling them "entitled" when they rightfully point out that having a 2 hour commute from the middle of nowhere is a miserable way to live. I got my affordable, close in house, so screw everyone else for wanting what was handed to me."

There is plenty of affordable housing close in. But people don't want it because it might be near certain types of people they don't want to live near.

People want to live in certain places because of the way they are today, not necessarily because of how they might be in the future. North Arlington is desirable because it has SFHs with property close to DC, not because it has lots of dense development and apartment buildings. At least be honest as to why these areas are desirable.

And are these affordable close in homes in the room with us right now?

[Anonymous]

Anonymous wrote:

Anonymous wrote:That prediction didn't age well, did it?

It aged as well as the buying shark thread.

I still want to know what the buying shark added to her portfolio.......