Upacurb
Well-Known Member
- Joined
- Sep 17, 2022
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- 20
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- 1,265
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- Location
- Up a curb at cars and coffee
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- 2019 GT350R 2022 F250 PowerStroke 2020 Explorer
Houses and cars are going up faster than salaries.........
I'm almost 51- and was talking with my Dad this weekend about houses.........he was mentioning how crazy it is that my our family household income is higher then his ever was (inflation adjusted) yet we are not able to comfortably afford a house the same size as his......
I forget the exact numbers but when you put it in an inflation calculator - the house they bought in 1987 for 290K would be worth just over 800K .....
Actual value today .... 2.2 Million ...skipping Starbucks wont make up that gap......
Overseas investors...... Large companies buying up houses as investments......I was on the HOA board for a while and just in our neighborhood a portion of the houses are owned by one company as rental house investments.....
I do have more hope that at least some kids are willing to put in the work......both of our daughters spend more time studying then I ever did and have the grades to show for it.....and they have friends the same way......
I'm almost 51- and was talking with my Dad this weekend about houses.........he was mentioning how crazy it is that my our family household income is higher then his ever was (inflation adjusted) yet we are not able to comfortably afford a house the same size as his......
I forget the exact numbers but when you put it in an inflation calculator - the house they bought in 1987 for 290K would be worth just over 800K .....
Actual value today .... 2.2 Million ...skipping Starbucks wont make up that gap......
Overseas investors...... Large companies buying up houses as investments......I was on the HOA board for a while and just in our neighborhood a portion of the houses are owned by one company as rental house investments.....
I do have more hope that at least some kids are willing to put in the work......both of our daughters spend more time studying then I ever did and have the grades to show for it.....and they have friends the same way......
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