The U.S. Housing Boom Is Coming To An End, Starting In Dallas - General Discussion - Contractor Talk

The U.S. Housing Boom Is Coming To An End, Starting In Dallas

 
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Old 11-26-2018, 11:15 PM   #1
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The U.S. Housing Boom Is Coming To An End, Starting In Dallas


https://www.wsj.com/articles/the-u-s...las-1543248073
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Old 11-26-2018, 11:51 PM   #2
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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Damn it, and I just let my subscription to the Wall Street Journal laps.

I guess I will just have to wait to read this until it comes out in Forbes Weekly.

Andy.

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Old 11-27-2018, 04:59 AM   #3
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


...

https://www.dmagazine.com/frontburne...ousing-market/


Discusses the WSJ story.
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Old 11-27-2018, 07:19 AM   #4
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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Originally Posted by ScipioAfricanus View Post
Damn it, and I just let my subscription to the Wall Street Journal laps.

I guess I will just have to wait to read this until it comes out in Forbes Weekly.

Andy.
It let me read it, must get free stories occasionally. If I would have known, I’d have copied and pasted it. Sorry.
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Old 11-27-2018, 07:24 AM   #5
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


related:

https://candysdirt.com/2018/11/26/is...-soft-landing/
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Old 11-27-2018, 07:58 AM   #6
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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That looks like hell on earth. Might as well live in Mumbai.
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Old 11-27-2018, 10:08 AM   #7
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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That looks like hell on earth. Might as well live in Mumbai.
I've never understood how people voluntarily pay for the privilege to live somewhere like that.

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Old 11-27-2018, 10:13 AM   #8
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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That looks like hell on earth. Might as well live in Mumbai.


Never understood the attraction of living so close where you can look right into your neighbors house... be better off living in a condo so there'd be a wall... and at least then you don't have to do any yardwork ...


All depends on what you grew up with and are used to I guess...

Last edited by KAP; 11-27-2018 at 10:16 AM.
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Old 11-27-2018, 05:01 PM   #9
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


Don't worry, none of those houses ever have windows on the sides.

Couldn't you have made just as much, if not more money, if you'd have built those slightly more than 10 feet apart?
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Old 11-27-2018, 05:35 PM   #10
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


I hope the fire department is close by.
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Old Yesterday, 08:04 AM   #11
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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I've never understood how people voluntarily pay for the privilege to live somewhere like that.

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And they seem to pay a premium in many places for the "priveledge". I'm sitting on four acres of land with a 2700 square foot house, and it's worth about 300k here. I see houses all the time in subdivisions less than five miles from me that pay 400 grand and up and live within pissing distance of their neighbors. I could never be completely at peace living like that.
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Old Yesterday, 08:24 AM   #12
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


What your seeing is the effects of stagnant or declining growth/the new normal under 8 yrs of a democratic administration.
Under democratic control they gave homes to people who couldn't afford them then came into the office while it was crashing and bailed out their friends while giving themselves raises.
The remaining work force paying for it was struggling and although they are getting on their feet now it's not enough, fast enough to pull the private sector in balance with the public sector.
Remember the private pays for the public. Having more expensive public workers or controlled union jobs are like giving the same money back and forth.

Look at GM taking our money for bail outs then building overseas. Suddenly they are worried about sales and fear no one is there to bail them out again so they hunkered down.
We need growth long enough for companies to rebuild financial footing and get over jitters to start paying more for employees. Takes time and public support..... which is being fought back
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Old Yesterday, 05:04 PM   #13
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


https://www.builderonline.com/money/...60c7bc26b528b7
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Old Today, 12:16 AM   #14
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


Not sure why anyone believes the housing boom needs to be in a boom at all times, or the sky will fall. An end to a boom isn't a crash.


Mike.
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Old Today, 12:22 AM   #15
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


I think the feds made a big mistake raising rates like they did. We were beginning to see much improvement, but they could've at least allowed it to take hold a little longer. Not saying things will crash, it just was managed poorly imo.

During the previous 8 years the markets were living on false money and the printing press. In order to reel all that newly printed money back in they have to raise rates.


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Old Today, 12:27 AM   #16
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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I've never understood how people voluntarily pay for the privilege to live somewhere like that.

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When I sell my home for 850k or 1 mil a few years down the road, I can retire in sleepy town USA with a nice little nest egg to get through my last years.


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Old Today, 09:53 AM   #17
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


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I've never understood how people voluntarily pay for the privilege to live somewhere like that.

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And they do pay .... 90% of new developments are HOA here in Dallas DFW.

Not seeing any real down turn here on the ground. Things are still what I'd call booming in new construction. There was a lot of pent up energy over the last 10 years. That seems to be evening out. The market here anyway, very doubtful it will collapse. Just settling into a normal pattern. One where all the Big Box builders won't have maximum profits, boo hoo.
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Old Today, 03:04 PM   #18
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Re: The U.S. Housing Boom Is Coming To An End, Starting In Dallas


There's nothing wrong with houses costing what they are worth. Like Cali said, that isn't a bust.

Things need to settle down so normal folks can have a choice of homes and not just buy whatever they are lucky to find.

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