Reply to Renting and investing vs purchasing a single family home

Forum Index » Money and Finances

Reply to "Renting and investing vs purchasing a single family home"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote]Anonymous wrote:
I just want someone to explain to me why do will we expect home prices to keep going up.

If people are having less children and from 2030 , boomers will start listing their home en masse significantly increasing supply, how are home prices going to continue going up like they have been in the past?

Do we really think 1 and 2 person households will prefer owning over renting??

Home prices vary from place to place.
We believe that in areas where there is no land left for new homes, prices will continue to rise.
The tax code and property laws favor homeowners. As long as it stays that way, people will prefer owning and prices will go up even if the population growth slows down.
[/quote]

Does the ability to work from home affect that analysis?[/quote]

DP. I work from home, but I still don’t want to go live in Akron or whatever just because it is cheap. I want stuff around me; parks, trails, community centers, hospitals, stores, and restaurants. And culture. And I like my 80s SFH in my neighborhood with mature trees and where homes don’t overwhelm the lots they are built on.

Of course our country has a lot of land to build houses, but most of the new developments are not great. People will continue to want to live in established communities with amenities. There aren’t unlimited numbers of those.

It is likely that immigration will come back some time in the future as well.

So I’m not super worried about my home value tanking.

[/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