The real problem is supply and demand , there are not enough homes on the market and thus that price is high . One answer is build more homes , but that is always something that is far away from the where the jobs are and thus this is a problem . The cost of used homes is high and some of that problem has to do with what people want , if…
The real problem is supply and demand , there are not enough homes on the market and thus that price is high . One answer is build more homes , but that is always something that is far away from the where the jobs are and thus this is a problem . The cost of used homes is high and some of that problem has to do with what people want , if you have a home that needs carpets, kitchen work, some rooms worked , no one wants it and the price jumps way down but if the home is solid people won't take a chance and they pass it up. Some developer buys it cheap puts $30,000 into and sells it for 5x of what he bought it for and thus the problem . There are too many people caught in the trap of ignorance on buying or fixing homes . My father was his own contractor and built his own home , the problem is you have to know the business and you can't get a loan so you have to put your own cash into it . But this is something anyone could learn and should , I'm always amazed that people don't figure this out , it's not easy but it's not that hard !
The real problem is supply and demand , there are not enough homes on the market and thus that price is high . One answer is build more homes , but that is always something that is far away from the where the jobs are and thus this is a problem . The cost of used homes is high and some of that problem has to do with what people want , if you have a home that needs carpets, kitchen work, some rooms worked , no one wants it and the price jumps way down but if the home is solid people won't take a chance and they pass it up. Some developer buys it cheap puts $30,000 into and sells it for 5x of what he bought it for and thus the problem . There are too many people caught in the trap of ignorance on buying or fixing homes . My father was his own contractor and built his own home , the problem is you have to know the business and you can't get a loan so you have to put your own cash into it . But this is something anyone could learn and should , I'm always amazed that people don't figure this out , it's not easy but it's not that hard !