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If you've bought a home in the past 30 years, what did you pay for it?

 
WhiteAngel
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05/18/2022 01:29 AM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
Bought our home in 2009, it was a repo and needed a lot of work. It wasn't worth 100K but we had to buy it for $155K. This same house is now worth over $525K. Half a million for a house with 2,000 sq, including the basement. Stupid.
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Anonymous Coward
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05/18/2022 02:23 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Bought in 2016 for 145,000, now 190,000 if I sold, refi in 2020 for .5% drop in interest
Anonymous Coward
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05/18/2022 03:07 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
NJ 5 years ago $200,000 today $325,000 all we did is live in it.
Anonymous Coward
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05/18/2022 03:34 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
There’s several posts about the lack of increase in wage. This seems to be reverse think. There’s no requirement for companies to lessen the burden of tax (including inflation). The corruption lies within interest.
Anonymous Coward
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05/18/2022 03:42 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD


Hmm. It has not risen to 300K. Your Dollars have devalued by 2000%
Anonymous Coward
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05/18/2022 03:44 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
I paid $50,000 for my house 10 years ago. They say it's worth $150,000 now, but I like my home and couldn't afford a higher house payment if I wanted to leave.
 Quoting: Anonymous Coward 82678791


Euphemisms do not change reality. It's just a twist to fool the stupid. You need 300% more Dollars to buy the same or more than 10 years ago.
Anonymous Coward
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05/18/2022 03:48 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD




1994 I paid $53,000
Now it's worth $422,000

Austin Texas



battleflag
 Quoting: Anonymous Coward 49598504


Another fool twisting reality in his mind.

He needs $422'000 Dollars to buy something worth only 53K in 1994.

Your Dollars have devalued almost 1000%
FireSteel

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05/18/2022 03:50 AM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
I bought my first house in 1997. I paid $102K.

It sold in 2009 for $174K.

It sold again in 2020 for $200K.

Current value says $385K
ElleMira

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05/18/2022 04:06 AM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
My house is now valued at nearly TWICE the amount we paid for it. If we sold our house, we would definitely make a profit - but where would we move? Maybe down south/west where homes are more affordable. We've been investing in chicken coops, gardens, generators, preserving food, etc. The problem for us is property tax keeps going up.
 Quoting: ElleMira


What you do is MOVE into the center of the USA somewhere. A small town, and buy a cheap house there. Because things are about to get DICEY in big cities and on the coasts.
 Quoting: Butch DeFeo


I looked at homes where my son lives, small town in the midwest - they've gone up nearly double too. I think the window of opportunity for affordable homes are gone and I agree that those living in big cities are screwed.

My friend bought a studio condo in NYC in 2018 - the upper East side. She paid a fortune for it. She loved it. Going out with friends every night for dinners, enjoying all the city had to offer. Then covid hit and boom - she was stuck in her box of an apartment with a tiny oven and 2 burner stovetop. She figured she would sell after all the covid crap but then the crime wave happened and now she's stuck in a shithole.
Anonymous Coward
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05/18/2022 04:07 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD




1994 I paid $53,000
Now it's worth $422,000

Austin Texas



battleflag
 Quoting: Anonymous Coward 49598504


Another fool twisting reality in his mind.

He needs $422'000 Dollars to buy something worth only 53K in 1994.

Your Dollars have devalued almost 1000%
 Quoting: Anonymous Coward 83289550


Listen jackass he is only stating reality. Here is a clue...take the LARGE SUM and down size in a lower cost of living area.
ElleMira

User ID: 76494359
United States
05/18/2022 04:10 AM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
My house is now valued at nearly TWICE the amount we paid for it. If we sold our house, we would definitely make a profit - but where would we move? Maybe down south/west where homes are more affordable. We've been investing in chicken coops, gardens, generators, preserving food, etc. The problem for us is property tax keeps going up.
 Quoting: ElleMira


Property tax should be abolished.
 Quoting: BFD


Yes. It's outrageous here in NH. We don't have sales tax or income tax but they gouge us with the property tax. We rank #3 in highest property tax (under New jersey and Illinois).
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LittleMe
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05/18/2022 05:53 AM

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Re: If you've bought a home in the past 30 years, what did you pay for it?
My house is now valued at nearly TWICE the amount we paid for it. If we sold our house, we would definitely make a profit - but where would we move? Maybe down south/west where homes are more affordable. We've been investing in chicken coops, gardens, generators, preserving food, etc. The problem for us is property tax keeps going up.
 Quoting: ElleMira


Same here… we bought our house three years ago and now it’s value four times… and maybe even more with all the updates I’m doing it… I started raising chickens last year and fertilizing the yards with the chicken waste… this spring I invested few thousands in buying fruit trees and seeds.

I haven’t checked our taxes, I thing they are still the same …
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Anonymous Coward
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05/18/2022 12:22 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
My parents bought a home 30 years ago for 15k in a nice suburban neighborhood, needed a coat of paint but nothing major.

That house is now worth 300k and the neighborhood has gone to shit.

Wages have barely risen.

Sure, it's still the suburbs but now they have to lock their doors... for reasons.

Anyways, no wonder 30-40 somethings don't own homes.
 Quoting: BFD


I bought a HUD foreclosure to flip, the end of 1997, for $75K. Zillow lists it's estimate at $436,600 to $472,00 today.
Anonymous Coward
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05/19/2022 07:29 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
...


They won't be too happy once they're older and wish they had something better.
Probably is just more propaganda research anyway.
 Quoting: here&back


When I was young we couldn't afford much. We lived on top each other...apartments with lots of roommates. THIS IS NOTHING NEW. They think we somehow we were given everything! It's how it works.

These woke idiots aren't "new" they are young and stupid like every other young adult.
 Quoting: Carbuncle


No man, wages haven't risen in decades, there is no such thing as a starter home anymore, and inflation is through the roof.

The value of your currency and by proxy, your labor... has plummeted.

Become educated.

[link to www.usinflationcalculator.com (secure)]
 Quoting: BFD


You idiots voted Biden in! So YOU fucked up. Educate yourself! Your generation is sending us into a depression with all your woke bullshit.
 Quoting: Carbuncle


Not me.

I don't know a single (local) person that voted for the senile Obiden.

That idiot was installed via a 12AM to 5AM vote-fraud coup by the See Eye Aye and all of their leftist DS-flunkies/associates in WI, GA, AZ, MI, and PA.
Anonymous Coward
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05/19/2022 07:33 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
When you have a thieving oligarch-owned Goobermint and a private bank that prints/digitalizes money from nothing..

You have the US situation here in May of 2022..

Lessons learned, Idiot Amerikka.
Anonymous Coward
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05/19/2022 07:35 PM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Their End Game is remove 85-90% of the humans now alive from the planet. If inflation and mass-starvation do the trick ... then THAT is EXACTLY what they will fund to see readily occur and subsequently happen.

Your Overlords want you dead.

Sorry for the bad news, but the truth often hurts...
Anonymous Coward
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05/20/2022 03:02 AM
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Re: If you've bought a home in the past 30 years, what did you pay for it?
Bought in 2015 130k. Which is stupid for a stick built home. That is literally worth 70-80k if that in material.

Now apparently worth up to 400k





GLP