3 ms·
It’s not hard to do. A lot of them are for sale today and will sell over asking, no contingencies.
by janalsncm 2mo ago
It’s not hard to do. A lot of them are for sale today and will sell over asking, no contingencies.
- WalterBright 2mo agoA housing development nearby my home was built in the early 1960s (I think). If you look closely at the homes, they are all of two designs, made into four by mirror images. But it's pretty clear that over time the homes were remodeled, gut remodeled, extended, garages added, and so on, so they are significantly improved over the original. I've been in a couple, and the hallways are pretty narrow and everything is very cheaply built. If you want to see what they were like originally, see the old Bob Hope movie "Bachelor in Paradise", filmed at a just-built suburban community.
- smallmancontrov 2mo ago"Narrow and cheaply built" isn't enough to make houses affordable in an age where crack dens with busted utilities go for over a million dollars. The ability of material to become cheap is capped far below the ability of location to become expensive.
- WalterBright 2mo agogoogle sez: "The median home sale price in Seattle is approximately $853,000 to $879,000, depending on the specific neighborhood mix and recent monthly data. Listing prices sit slightly lower around $750,000 to $775,000, placing Seattle among the highest-priced major metropolitan housing markets in the United States." I assume a crack den with busted utilities would go for less. I've lived in this area my adult life. Pretty much all the open spaces and lots have been infilled with houses over time. Prices go down the further away from the business core. Being within commuting distance to Microsoft comes with a big boost in price.
- smallmancontrov 2mo agoThat's my entire point: the affordability problems stem from ponzi gatekeeping of jobs, not from the youth having expensive material taste.