Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Harris to Propose $25,000 Assistance for First-Time Homeowners (www.bloomberg.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 3 months ago* (last edited 3 months ago) (1 children)

$25k isn't "juicing demand" having kids and not planning that they would idk become adults is.

We're not just going to build more houses and fix this. Developers build houses to make profit so they make specifically 5+ bedroom homes on small lots devoid of character in a sea of grass. The same homes that first time buyers can't afford and typically don't want as much because fewer people are having kids.

Next we'll say giving tax cuts makes food more expensive because it increases demand. Quick, get Illinois on the phone real quick, removing food taxes will just increase demand and make food more expensive!!11!!

[–] [email protected] 2 points 3 months ago (1 children)

The most infuriating part of it is all the white trim. Go ahead, build a house no one can buy, but at least make it look tasteful. I mean come on!

[–] [email protected] 1 points 3 months ago

That's certainly a close one for me but I think the destruction of older 2-3 bedroom homes to remodel or build a new ultra minimalist home devoid of color.

They really don't make em' like they used to.