Posted on 04/21/2022 10:06:35 AM PDT by ChicagoConservative27
Tampa Florida used to be affordable. Now, with all of the people from the north and from liberal cities coming down, Tampa is not as affordable as it used to be.
My home is now worth twice as much as when I purchased it 2 1/2 years ago, but, I can’t sell to move, because, whatever is out there for sale is now not affordable anymore. Plus, I now have to pay higher real estate taxes and higher insurance and higher HOA fees.
Not that I was looking to move, but, most people in Florida are now having to stay put.
For comparison, the house I purchased in San Diego for $108k in 1983 and sold in 2001 for $247k is now estimated by Zillow at $1,130,000. The 3 subsequent owners have done some upgrades including adding a 300 sq ft addition, new flooring and upgraded kitchen. Perhaps $50k in actual upgrades. The Zillow pricing is ridiculous.
In the long term, this is going to kill really expensive cities like NY and San Francisco. It is also going to - for the first time in several generations - pump money into smaller cities and towns. There will be costs such as putting a lot of small businesses that catered to commuters out of business, but I think it will be a positive overall.
Also, its likely to help Republicans/Populists. The Democrats are utterly dependent on big cities for their votes. If those cities start to empty out......
We moved to the Keys. It's not affordable but living on the rocks is great if your liver can take it.
I love it here. Being in the fish bowl surrounded by the Bookcliffs, Grand Mesa, the Uncompaghre and the National Monument is wonderful. I came here for the slow way of life and decent cost of living. I'm going to wind up having to leave because of the current housing & job markets. Either that or I'm going to need to figure out how to get one of these high paying out of state remote opportunities.
I agree with Toad. If you don’t have a free market setting housing prices, we will all be living in gray Soviet housing projects without heat and running water.
That’s what these communists want: Government controlled housing so they can sit on their butts and get free housing.
I hope you can stay! I’ve thought about moving there many times but never made it. Love all those sites. I cycled up the Monument on the perfect day and it was such a blast coming down. The Mesa and all its lakes. Fruita Fall Festival (my sister used to live around the corner from downtown).Find one of those jobs and find one for me too, lol!
“The Zillow pricing is ridiculous.”
No, it’s the real market pricing that Zillow is merely reporting that is ridiculous.
Housing prices in the Coeur d’Alene / Rathdrum / Post Falls area of Idaho are utterly ridiculous. They well over double what they were three years ago and many areas are pushing TRIPLE in less than four or five years.
People are getting sick of the growth, rampant development, crowds, rising crime and much more common graffiti. The roads around Spokane are starting to look like LA graffiti, something you need saw a few short years ago.
You’re sure the housing market isn’t being set up by corporations buying blocks of houses to set up a corporate communistic style housing market?
Because that’s the word.
You think someone payin 800k for a 300k house driving us into a slave level tax base they have in ny and Calif driving everyone out of the home is a free market? No
Look up what blackrock is doing.
I do think this is happening in desirable areas where prices have doubled and tripled the past year. Look at Charleston.
Many of the wide open farm fields have been sold to real estate developers and are being covered in houses and apartments. There are some upsides to the growth. It made installation of fiber optic networks economically viable. Now I have 1 Gbps symmtric fiber service with no data cap. $75 per month. Good reliability. Getting off the rooftop WiMax with 15 Mbps down/7 Mbps up and weather interruptions was an improvement.
For all the new arrivals, we've been spared any spikes in violent crime. It's rare. Lots of people carry concealed here, so there is little incentive to misbehave. My wife did have to dispatch an officer to deal with an MS-13 enforcer who beat down the door of a trailer. The drug mule he was seeking had moved out the week before and the new occupant was horrified at the break in. The jail has a new occupant. Not just breaking and entering. A felon in possession of a firearm. He's not going anywhere for a while. My wife reports another success in court today with a dumbass that shot at her officers being found guilty.
Our beautiful Rathdrum Prairie was all bucolic farm fields. It is getting g covered with houses at a furious rate. It is so sad to see. My grandparents retired to Hayden from Potlatch in the mid 60s, so I’ve seen almost 60 years of change.
The Sheriff’s Department, city police, and court system don’t coddle criminals up our way.
These people are silly to be advocating for higher taxes in their new places, since they are automatically expanding their tax bases. They also should know better than to bring in soft-on-crime policies. The traffic snarls, unfortunately, are inevitable. Freeways in every good area could be like the BQE, unfortunately.
I was just speaking with the owner of the local Deleta Skating Rink last night. I made an early exit after a jackwagon pushing a stroller tripped me with the stroller. The owner is "retiring" and putting the rink up for sale. He's looking for a new owner that can keep the business operating without missing a beat in the switch over. He is also 63. He noted that the new apartments being built in the "Northgate" development are renting at $1800/month for a 3 bedroom unit. For comparison, my 3 br, single-family rental is currently renting for $850/month. IRS said "fair market rent" for the house was $803/month as a guideline for a reasonable rent generating taxable income. Clearly, the rental market numbers are climbing rapidly.
I'm not at all happy with the huge increases in traffic and long wait times trying to go to Texas Roadhouse or Applebee's on a Friday/Saturday night. We opted for Dead Robin last night as they weren't jammed to the rafters.
LOL...my grandparents ran the roller rink in Potlatch in the 30s and 40s. My mom worked the burger bar at the rink when she was a teenager. She met her best friend at the rink who was from a town just over the state line in eastern Washington. I still talk to Mom’s old friend Beverly now and then!
The rink eventually went out of business, the huge lumber mill shut down (it was the world’s largest for many years), and the company-owned Mercantile Store burned down (and my grandfather’s job along with it). Changing times are always rough.
Not for long. A couple companies may get away with it for a while. But if you want to be competitive in the long term, you'll do everything possible. Elon Musk said that remote work is "pretend work".
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