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General Discussion

Happy Hoosier

(8,559 posts)

14. Up to now, home price appreciation....

Reply to LisaM (Reply #9)

Fri Jul 28, 2023, 10:03 AM

Jul 2023

... has been the primary ways Middle-Class Americans build wealth.

It has formed a way for some to fund retirement, and for others to pass on generational wealth.

If that is curtailed (and maybe we need that), then we MUST also find better ways for Middle-Class Americans to build wealth.

The reason so many want to use AirBnB's is laregely because they are vastly better than commericial hotels at a lower cost. I routinely have to spend well over $1000 to stay a week in a hotel near my M-I-L. I COULD rent an AirBnB for about half that. I don't. But I sure see the appeal.

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This is why we need Unions [View all] NewEnglandAutumn Jul 2023 OP

Typo. 1980, not 1908 blm Jul 2023 #1

If billionaires BOSSHOG Jul 2023 #2

Capitalism "looks very bad," because it is leftstreet Jul 2023 #5

Roger that teammate! BOSSHOG Jul 2023 #7

DURec leftstreet Jul 2023 #3

In the 1970s I was an airline ticket agent for PoindexterOglethorpe Jul 2023 #4

In High School Mock Senate BOSSHOG Jul 2023 #8

Why average home price and not median? MichMan Jul 2023 #6

Part of the problem is housing costs. LisaM Jul 2023 #9

Up to now, home price appreciation.... Happy Hoosier Jul 2023 #14

Sure. I see the appeal of crossing a picket line to buy something I want, too. LisaM Jul 2023 #16

None near my M-I-L Happy Hoosier Jul 2023 #17

Message auto-removed Name removed Jul 2023 #20

How does one feel grifted by a tax one isn't paying? How do you feel about schools and ... marble falls Jul 2023 #22

Post removed Post removed Jul 2023 #24

Hello. GP6971 Jul 2023 #27

Drawing them out works. marble falls Jul 2023 #31

At the very least GP6971 Jul 2023 #33

As a Banker back in the day, average house prices were in line at 2.5 x the average wage Bev54 Jul 2023 #10

Did you know we have a Labor Group on the DU? Omaha Steve Jul 2023 #11

succinct, factual, and inarguable! bravo! bringthePaine Jul 2023 #12

I don't dispute that the price of housing has gone way up more than household incomes. As have drug raccoon Jul 2023 #13

The house I grew up in was pretty tiny. Happy Hoosier Jul 2023 #15

In my area the only new housing is fugly condo buildings and giant McMansions. Mariana Jul 2023 #30

Post removed Post removed Jul 2023 #18

Hello. GP6971 Jul 2023 #19

I'm thinking, hello, pizza delivery. marble falls Jul 2023 #21

Same here. GP6971 Jul 2023 #26

Message auto-removed Name removed Jul 2023 #28

A little off topic GP6971 Jul 2023 #29

Now that's funny. marble falls Jul 2023 #32

Glad to see this one got removed. I was going to report it, came back, and it was gone. keep_left Jul 2023 #23

Message auto-removed Name removed Jul 2023 #25

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