Reply to It’s a crisis that there are no SFHs in commuting distance to jobs with good schools

Forum Index » Real Estate

Reply to "It’s a crisis that there are no SFHs in commuting distance to jobs with good schools "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]The crisis is the *removal* of SFHs under 3000 Sq ft.  Soon, they will be erased from existence.  And either you can afford a McModern 4000+ Sq ft SFH, or resign oneself to life among the apartment or townhouse plebeian commoners.  [/quote]

This is pretty much it.

I’m not sure who was here back in 2008 but I was posting in the real estate board then.  If you weren’t around, what happened was the Great Recession and a massive housing crash.  Lots of home builders went under.  Those that survived did so by building very large and very expensive homes for the upper middle class and wealthy along with multi family structures.  There are ehole neighborhoods of cape cod and ranch houses that are 900-1200 sq ft.  These used to be built as the cheap entry point into home ownership.  After the recession ended, the market overcorrected by not building enough houses for years aNd the market got really tight.  Home builders didn’t go back to building smaller SFH’s.  They learned where the profit was at and that’s selling large homes to people that can afford to pay a premium per sq ft.

So at this point your choices are to buy a house in a neighborhood that doesn’t meet all your wishes and hope to sell and move up in 5-10 years, buy a townhouse (this is entry level house these days), or drive till you qualify.

It’s never been easy here but it is getting harder and I’m sorry for that.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics