Social 9.7% of US housing units are vacant.

KAZSoliloquy said:
the value goes up because the value of the dollar goes down. it’s the same reason a big mac costs $5 now. it’s not because big macs are suddenly in high demand.

of course, millennials are aging into house-buying territory, which does raise the demand, but that occurs with every generation. the housing market is not in some unprecedented boom.
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Housing appreciation the past two years in the suburbs of most states is out pacing inflation at record rates. I bought this house three years ago in the burbs and it was the most expensive sold in the area at the time. I was actually concerned I overpaid even though I got it $100k under asking. Today (three years later) it’s up 38%. Sure maybe gas is up 38% and other commodities and goods like: steel, cardboard, freight, glass. But… the absolute dollars tied to my house make that 38% a fuck ton more relevant.
 
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BIKES! said:
Housing appreciation the past two years in the suburbs of most states is out pacing inflation at record rates. I bought this house three years in burbs and it was the most expensive sold in the area at the time. I was actually concerned I overpaid even though I got it $100k under asking. Today (three years later) it’s up 38%. Sure maybe gas is up 38% and other commodities and goods like: steel, cardboard, freight, glass. But… the absolute dollars tied to my house make that 38% a fuck ton more relevant.
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is this the house you live in or just something you’re sitting on?
 
KAZSoliloquy said:
the value goes up because the value of the dollar goes down. it’s the same reason a big mac costs $5 now. it’s not because big macs are suddenly in high demand.

of course, millennials are aging into house-buying territory, which does raise the demand, but that occurs with every generation. the housing market is not in some unprecedented boom.
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Housing values are going up (in certain regions more than others) because there has been a year long lapse in construction of new houses and a similar lapse in production/cultivation(wood) of construction materials.

Lumber industry is particularly damaged by this because it relies heavily on seasonal migrant works that cannot obtain work visas currently.
 
KAZSoliloquy said:
i’m just poking fun at you. don’t call me a basement-dwelling mental patient if you can’t take a joke, brother <Lmaoo>
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LOL, touche! I can take all kinds of jokes, I just have a hard time with utopic daydreaming passing for enlightened thought. ;)
 
Rational Poster said:
Housing values are going up (in certain regions more than others) because there has been a year long lapse in construction of new houses and a similar lapse in production/cultivation(wood) of construction materials.

Lumber industry is particularly damaged by this because it relies heavily on seasonal migrant works that cannot obtain work visas currently.
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sure, but covid did a lot of negative shit to the housing market as well. delinquency rates on mortgages are double what they were pre-covid. the con’s are balanced with the pro’s IMO though i have no idea if the government is bailing out landlords on these delinquent payments.
 
Natural Order said:
LOL, touche! I can take all kinds of jokes, I just have a hard time with utopic daydreaming passing for enlightened thought. ;)
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is striving for a utopia really such a bad thing though? ¯\_(ツ)_/¯
 
KAZSoliloquy said:
this is precisely the problem. if not forced to live together on the street in dire straits, are these people just as likely to fall into bad patterns of behavior? i really doubt it. that doesn’t mean people’s addictions will magically disappear if they get their own apartment, but it’s disingenuous to pretend the depressing conditions of street homelessness don’t feed the escapism of drug use.

no argument from me here. mental illness support is basically garbage worldwide. i don’t think the need for a house and need for a psychiatrist/treatment program are mutually exclusive, though.
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They had the problems before they were homeless, which is why they're homeless. It isn't the witness protection program where nobody knows that Bob just got a free house. Your house becomes the tent city.

Is the home owner expected to pay all their utilities and maintenance too?

It's one thing to let a friend crash on your couch for a few weeks, and quite another to roll the dice and have to tell all the neighbors with kids there's an 80% chance they're going to have a drug addict or mentally ill homeless person moving in next door, so just keep an eye out for syringes when they're out walking the dog or waiting for the school bus.

Again, I'm sure a lot of these places aren't even livable, and these people need to be in either drug treatment or mental health treatment instead of just moved into somebody's neighborhood and hope for the best. They're probably either being renovated or are in burned out neighborhoods and probably already have squatters in them. There's not a lot of information other than housing units exist that don't have anybody officially living in them.

Satan's Daddy. said:
That's easily fixable have a district for them, with good cops always checking in. You wouldnt have to worry unless you're a junkie yourself. Plus they're busy getting high they wont come over and murder you, like tv shows and movies might want you to believe by brainwashing u.
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How is that easily fixable? It says there are houses vacant, you don't get to pick which houses they are.

You wanna tell your neighbors with kids that there's a tent city relocating to next door? Lol, just tell them they're brainwashed if they have a problem with bums passed out in the yard and needles all over the neighborhood, and their stuff is probably totally safe whenever the homeless people need money for another fix.
 
KAZSoliloquy said:
is striving for a utopia really such a bad thing though? ¯\_(ツ)_/¯
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When you understand the full scope of human nature, you realize how silly this notion is.

Could we? Maybe, but it won't be through policy or people coming to some whimsical agreement on a new course for human purpose. It will take a full scale collapse of the species with a rebuild on the intention of stewardship and minimal invasiveness instead of acquisition and wealth. Your best bet is to welcome the insanity and hope that we even get a chance at a reset.

Grab a beer and a seat son, this gon' get interdesting....
 
nostradumbass said:
They had the problems before they were homeless, which is why they're homeless. It isn't the witness protection program where nobody knows that Bob just got a free house. Your house becomes the tent city.
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if everyone gets a free house, why the fuck would Bob’s free house become the tent city? everyone else got one too.
Is the home owner expected to pay all their utilities and maintenance too?
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in this situation, the homeowner would be the government, and yes, if the inhabitant can’t pay it.
It's one thing to let a friend crash on your couch for a few weeks, and quite another to roll the dice and have to tell all the neighbors with kids there's an 80% chance they're going to have a drug addict or mentally ill homeless person moving in next door, so just keep an eye out for syringes when they're out walking the dog or waiting for the school bus.
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the vast majority of homeless people are the friend crashing on the couch, not some supposed mythical drug lord who just doesn’t feel like paying for anything.
Again, I'm sure a lot of these places aren't even livable, and these people need to be in either drug treatment or mental health treatment instead of just moved into somebody's neighborhood and hope for the best.
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in the case of homeless drug addicts, yes, i agree. establishing one of these homes into a treatment program for homeless drug addicts is also a great option. i agree.
They're probably either being renovated or are in burned out neighborhoods and probably already have squatters in them. There's not a lot of information other than housing units exist that don't have anybody officially living in them.
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well if no information exists, why speculate anything? you can’t give me some bullshit “they’re all boarded up drug dens” and then pull the “neither of us know anything about these homes!” card right after lmao
 
NickNick said:
Is the speculation that large investment companies are buying up houses like a lot of people say?
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It's not speculation. That is, it's part of the issue, not the sole cause. There's also individuals using the equity in their own homes to finance additional houses for AirBnB, a practice which should be against the law imho.
TUFNewb said:
I own a property that is currently vacant. It has become a huge pain in the ass finding reliable renters so will probably sell it but that might take many months. It's not really going up in value currently, not enough to negate the money it burns anyways. But I'd still rather do that because being a landlord sucks and now to top it all off everyone thinks you're some evil fat cat Disney villian.
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Makes you wonder whether improving the circumstances of lower income people via something like a UBI would allow more of them to enjoy the benefits of home ownership and relieve you of your burden, doesn't it?

Funny how bankruptcy went down in poorer parts of Nova Scotia thanks to the COVID income supports, which exceeded the standard unemployment benefit for many people.

Plenty of people make sympathetic noises about the plight of the poor but actually getting past political inertia to effect real change is like using a forklift to move a mountain as things stand now. But that simple step, and with it a relaxation of borrowing requirements for lower end mortgages for families and later, individuals, would simultaneously result in lifting many people out of poverty while stimulating demand for low cost homes. I don't have data to prove this but I think the entire package would stimulate the economy to a self-sustaining degree.

I now fully drop my guard and invite @Jack V Savage to take his best shot(s) and tear my shit up for my edification.
 
KAZSoliloquy said:
well you don’t have anything to give, i’m guessing, so i don’t really have a problem with that.

it’s the people doing a lot better than you and the people doing a lot worse than you that i’m talking about.
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Wait. How do you do worse than someone who has NOTHING to give.

Are you talking about dead people?
 
SBJJ said:
Wait. How do you do worse than someone who has NOTHING to give.

Are you talking about dead people?
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“something to give” = you have more than you need. i think most of us are using the resources and amenities we are lucky enough to have, everyday. i also don’t think he’s starving or homeless, like many people are. not sure why you needed me to break that down for you.
 
Andy Capp said:
Makes you wonder whether improving the circumstances of lower income people via something like a UBI would allow more of them to enjoy the benefits of home ownership and relieve you of your burden, doesn't it?

Funny how bankruptcy went down in poorer parts of Nova Scotia thanks to the COVID income supports, which exceeded the standard unemployment benefit for many people.
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I imagine it would just shift my burden to a tax one, but I hear what you are saying about UBI, perhaps it creates a net positive effect on the economy. Still not sure that's the society I want to live in though, one where an able bodied person can choose not to work and be rewarded to such an extent. Just feels wrong to me. I understand there are lots of people struggling and it's not really their fault, but the deadbeats and addicts ruin it for everyone. I'm sorry but I just can't tolerate giving them money with no strings attached.
 
Remember when I said this is on purpose and the eviction moratorium was to drive small landlords out? This is that.
 
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