bostonbubble.com Forum Index bostonbubble.com
Boston Bubble - Boston Real Estate Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

SPONSORED LINKS

Advertise on Boston Bubble
Buyer brokers and motivated
sellers, reach potential buyers.
www.bostonbubble.com

YOUR AD HERE

 
Go to: Boston real estate bubble fact list with references
More Boston Bubble News...
DISCLAIMER: The information provided on this website and in the associated forums comes with ABSOLUTELY NO WARRANTY, expressed or implied. You assume all risk for your own use of the information provided as the accuracy of the information is in no way guaranteed. As always, cross check information that you would deem useful against multiple, reliable, independent resources. The opinions expressed belong to the individual authors and not necessarily to other parties.

It takes too long to build new housing in expensive cities

 
Post new topic   Reply to topic    bostonbubble.com Forum Index -> Greater Boston Real Estate & Beyond
View previous topic :: View next topic  
Author Message
HousingNews
Guest





PostPosted: Mon Jul 25, 2016 7:58 pm GMT    Post subject: It takes too long to build new housing in expensive cities Reply with quote

https://www.washingtonpost.com/news/wonk/wp/2016/07/21/it-takes-way-too-long-to-build-new-housing-in-expensive-cities/
Back to top
Guest






PostPosted: Mon Jul 25, 2016 9:04 pm GMT    Post subject: Reply with quote

This is meaningless article. Building slow or fast, we bean towners still can not afford any.

Below are some useful advises.

1. You can live in the middle of nowhere, just find jobs that allow you to work from home.

2. go live in those shitty towns that bullets will hit you while you watching TV at home.

3. stay with your parents

4. buy home beyond what you can not afford, at least your loan still get approved. Then file for homestead. When shit hit the fan, go bankrupt, but keep your home.
Back to top
Tony Boston



Joined: 12 Dec 2018
Posts: 3

PostPosted: Wed Dec 12, 2018 12:13 pm GMT    Post subject: Reply with quote

Anonymous wrote:
Below are some useful advises.

That's a pity.
Back to top
View user's profile Send private message
Guest






PostPosted: Thu Dec 20, 2018 7:09 pm GMT    Post subject: Reply with quote

America is becoming more and more of an inheritance society. As birth rates drop to just one child (white professionals in Boston), it will become increasingly so. This is because with one child in two generations, you have 4 grandparents and their assets siphoning down to one person. This means the only child who has 4 grandparents in Boston area would automatically be better off than the child with 3 siblings whose grandparents are from the Midwest. Way better off, without even working a day. You don't even need to have rich parents or grandparents. The burden of medical care for the 4 grandparents is also externalized by society as a whole via Medicare.

This is why China has super expensive housing compared to income. Income doesn't matter anymore in this kind of framework. It's all about inheriting property from the older generations.
Back to top
Display posts from previous:   
Post new topic   Reply to topic    bostonbubble.com Forum Index -> Greater Boston Real Estate & Beyond All times are GMT
Page 1 of 1

 
Jump to:  
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Forum posts are owned by the original posters.
Forum boards are Copyright 2005 - present, bostonbubble.com.
Privacy policy in effect.
Powered by phpBB © 2001, 2005 phpBB Group