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Reply to "I was so close and now I’m shut out"
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[quote=Anonymous][quote=Anonymous]They’re all nice. The only thing wrong with them is the price tag. There is no way any of these places should be more than $750-800K, it’s the disconnect between how long and how much it takes to bay & finance a place like this now, vs the value for that cost. These are clear started homes that now cost as much as a move up home. [/quote] 1. 750-800k is not “starter home” territory for most. 2. These are all well-maintained homes that can comfortably fit a family, and in good locations. 3. Supply, demand, and the overall market would suggest these may be priced what they “should” be. Listen, it’s not like I don’t understand frustration with the market we live in. We moved here from Texas and waited far “too long” to buy because we were flabbergasted at the prices/options. (We probably just would have…died if life took us to LA or the Bay Area, I guess.) But then we realized the housing market is what it is and we found a place we were happy to call home. We made some compromises, some that we never envisioned making when we first moved here. But we love our home and are thankful for it. As a society, we need to invest in a lot more affordable housing as well as densely populated communities with a lot of different types of housing. And we need to disrupt the idea that one is lesser for renting or living in a condo or townhouse. There are obviously a lot of structural changes that need to occur—but shaking one’s fist at the current market will just lead to misery. [/quote]
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