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>Do people still think about "starter" homes? Yeah. With fond memories of 20+ years ago when they actually existed in competitive markets. Unfortunately, hou
by swagtricker 8y ago
>Do people still think about "starter" homes?
Yeah. With fond memories of 20+ years ago when they actually existed in competitive markets. Unfortunately, house flippers have killed the "slow growth, sweat equity" path to ownership. Everything that can be improved, updated, or expanded in a competitive housing marked is done by flippers. Then, even 2 bedroom 1 bath "small" homes cost a fortune because they have stainless steel appliances & granite countertops covering up 50 year old galvanized pipes and electrical work with a limited number of grounded outlets. Flip with flashy improvements, drive up the price, and let the expensive infrastructure problems be a time bomb for the sucker that wants to live in it.