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tbone_

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Posts posted by tbone_

  1. That’s because people in the policy space don’t know shit. Allowing more density will help, sort of. But it won’t be any cheaper to build (or rent/sell) And the more you allow the more expensive it will be to build due to constrained supply of labor.  Supply and demand - how does it work? lol

    The cost aint coming down. And neither is the price as long as the capital required to pay for it demands a market return.

    Source: based on my 30 years of experience as a housing developer.

     

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  2. Affordability isn’t coming down, at least not on the cost side without some sort of real shock (a la 2008) to the system.

    Either incomes need to grow, or supply (baby boomers selling en mass) needs to increase. There is no other way around it. And yes, what we’ve done with the housing market is a total fuck you to our kids  

     

    Also, always important to remember, improving affordability means your house too. Want to improve affordability? Sell your house for 65% of what it’s worth. No one does that and no one will ever do that. It’s a complete joke to hear people talk about improving affordability. 

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  3. I hear you. I applied to one school.

    She applied to the AZ schools too. Her main criteria was I don’t want to go anywhere cold. And I don’t want go to college in the slave states. I’m like well that pretty much leaves So Cal and AZ.

    I suspect she’ll fit right in in Santa Barbara if I decide to fork over the cash so she can go to school in a beach paradise vs going to U of A for basically free.

    That said, she has worked her ass off on grades and it shows. I would like to reward that. But got damn that’s a lot of money.

    Appreciate all the responses.

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  4. Just now, T-shirt Sip said:

    Sounds like she succeeded. 

    She might have. She was from Indian country and this was back in the early 70s. I think the buyer might have just taken the kid to the county. And the county called my buddy and they took the kid and raised him  

    Shit happened differently in rural North Dakota in the early 70s. 

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