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Single family homes with large lots will retain their values w/ RE market crash
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Date: April 18th, 2018 4:19 PM Author: Mauve senate toaster but obviously only in large cities like LA, SF, NYC
all new construction these days is condos and flame HOA communities with tiny "houses" as land in these cities becomes ever more precious. these dwellings use poor build quality, shoddy construction, and you have a lot less flexibility
if you have a large 4 BR place on a ~10k+ sq ft, you should be fine in the long-run |
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Date: April 18th, 2018 4:21 PM Author: pontificating jap stock car Do cities you mentioned have 10,000 sq. ft. lots? A 6,000 sq. ft. lot is considered big in a lot of cities. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869165) |
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Date: April 18th, 2018 4:24 PM Author: Mauve senate toaster yeah, maybe not in santa monica or whatever, but just outside of the city, well within commuting distance (south bay, the valley), plenty of large lots. i would rather own a 10k sq foot lot in the valley over a 6k sq ft lot in santa monica these days purely from a price appreciation perspective. the land in the valley will develop faster than santa monica, which is now a mature community with very little upside (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869186) |
Date: April 18th, 2018 4:20 PM Author: Cracking Slimy Area Shitlib yes holding any land in urban centers is crrrrrrrrrr (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869160) |
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Date: April 18th, 2018 4:34 PM Author: Mauve senate toaster how expensive is land in kiev? (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869255) |
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Date: April 18th, 2018 4:37 PM Author: Cracking Slimy Area Shitlib basically impossible to buy in the center
just outside the center it's like $2-3k per m2, or 5x that in a prestigious neighborhood |
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Date: April 18th, 2018 4:40 PM Author: Mauve senate toaster damn, why so expensive? those are LA prices (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869302) |
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Date: April 18th, 2018 4:42 PM Author: Cracking Slimy Area Shitlib city owns 75% of the land (area size of san diego) (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869317) |
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Date: April 18th, 2018 4:44 PM Author: Mauve senate toaster ljl at soviet russia (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869324) |
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Date: April 18th, 2018 4:49 PM Author: Cracking Slimy Area Shitlib cr
in 1991 they let them keep privatize their apartments for free but they kept the land, hehe |
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Date: April 18th, 2018 4:51 PM Author: Charcoal french tanning salon queen of the night true. two types of housing are made today: multifamily in the urban core, and single-family with lots of land in the outer ring suburbs.
supply of single-family houses with land in the urban core is stable or slightly decreasing. even if demand stagnates, they won't lose value. but demand will probably grow somewhat. |
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Date: April 18th, 2018 4:51 PM Author: Exhilarant private investor quite a bold, daring prediction OP (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869378) |
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Date: April 18th, 2018 4:55 PM Author: Mauve senate toaster i come here everyday and none of you faggots have predicted this, stop lyin' (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869395) |
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Date: April 18th, 2018 4:55 PM Author: Rebellious pit predict when the crash will come and what will trigger it (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869400) |
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Date: April 19th, 2018 2:51 PM Author: Mauve senate toaster no idea. rates will have minimal effect: downward pressure on prices but possibly slightly higher inventory. banks have gotten smarter about subprime credit, so don't see that repeating. long-term structural changes would be my best bet for the majority of the country as millennials and future generations forgo the hoaps of a house. but i don't see that affecting large markets too much, there's just too many goddamn people that want to live here and not enough land. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35875735) |
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Date: April 18th, 2018 5:03 PM Author: Exhilarant private investor "real estate in heavily populated coastal areas will retain value better than real estate in shitty flyover towns" (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869445) |
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Date: April 18th, 2018 5:04 PM Author: Charcoal french tanning salon queen of the night (reading comp masterman) (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869456) |
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Date: April 18th, 2018 5:36 PM Author: Mauve senate toaster (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869653) |
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Date: April 18th, 2018 5:23 PM Author: splenetic coral theater stage roommate There are a LOT of large boomer-occupied homes on the farthest edges of those cities that will get clipped really hard.
The boomers will eventually vacate those places either through dying off or downsizing and working age people aren't going to buy in to a godawful commute.
Some 4000 sqft spread in Santa Clarita is not gonna fare well. |
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Date: April 18th, 2018 6:29 PM Author: Mauve senate toaster i live here. people are increasingly willing to commute from longer distances. i see this problem getting worse, not better. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35869944) |
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Date: April 18th, 2018 6:35 PM Author: splenetic coral theater stage roommate We will see more people accepting long commutes when driverless cars eventually become a thing.
I think there is going to be a downturn before that happens though. |
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Date: April 18th, 2018 7:40 PM Author: Mauve senate toaster dude, population here keeps rising. we have some of the highest rates of migration from other states in the country. when boomers leave, young people will move in. valencia is experiencing staggering growth right now. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35870296) |
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Date: April 18th, 2018 9:27 PM Author: appetizing harsh menage organic girlfriend From a Bloomington Bathhouse on the Hill(height bort first poaster) just nailed two predictions, IMO. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35870927) |
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Date: April 18th, 2018 6:48 PM Author: sticky razzmatazz house prole A lot of generalizations in the OP. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35870045) |
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Date: April 18th, 2018 7:12 PM Author: sick coffee pot Land values fluctuate more violently than improvement values. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35870176) |
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Date: April 19th, 2018 2:48 PM Author: Mauve senate toaster supply is critically low in these cities, prices will continue to shoot up even if they experience short-term volatility (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35875707) |
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Date: April 18th, 2018 7:14 PM Author: primrose frisky casino twinkling uncleanness urban real estate market isn't going to crash. it's not overvalued (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35870186) |
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Date: April 18th, 2018 7:42 PM Author: Odious Bonkers National Security Agency Step-uncle's House agree (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35870304) |
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Date: April 19th, 2018 2:53 PM Author: Rebellious pit (guy who has never heard of SoCal) (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35875746) |
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Date: April 19th, 2018 2:49 PM Author: floppy green range goal in life if anything, LA and SF values have more room to fall than cities/towns in America would. (http://www.autoadmit.com/thread.php?thread_id=3953097&forum_id=2#35875714) |