Welcome to the Colorado AR-15 Shooters Club Discussion Forums.
Yeah, if I had a job opportunity somewhere that afforded me the same style of living, I'd be gone. My concern is the liberal agenda wont stop. It'll eventually spread everywhere.
No "safe spaces" for non-progressives.Originally Posted by Dave_L
Like locusts. They will destroy Colorado and then move in 30-40 years somewhere new taking their fail with them.
I think we'll see Denver start look a lot like San Francisco. Middle class will be pushed out leaving only those on programs and the super wealthy. Sky-high taxes, cost of living, etc... Denver post has a real estate story on the main page this morning with a video claiming average detached home price is now $378,000. I don't see how working class families can afford that, let alone young people just starting out in life.
That's why there's so much new construction in apartments and condos. Though even the rent here is rising just as fast as detached home prices, which concerns me a lot. Better get a job you like in the next year or two, because of we come to resemble San Fran too much we'll get even more illegals and H1B visa types coming in to do the jobs cheaper. Just hope you don't get laid off for one of them to take your position.
A lot of people don't have a choice but to figure out how to afford it. Mortgages + costs associated with homeownership are less expensive than rent in several places. That's the reason we bought a house last fall. Our rent was increasing to that breakeven point. Fortunately, we had been good little savers so that we could pull the trigger on a home purchase.
There's a fine line between cuddling and holding someone down so they can't get away.
(this may invoke some "Duh" replies) I think the system's kind of set up so people basically become wage-slaves when they sign up for mortgages to cover the $400,000 home prices. Makes them quite obedient and indebted to the government (got a bridge to sell to those who don't think the mortgage companies & banks are basically 1st cousins of the fed government) and less likely to start trouble or quit their jobs that are increasingly becoming entrenched in government programs in order to exist via tax-discount programs (women-owned business, "diversified employees" business, located-in-a-warzone [the hood] business, etc).
I see it going this way too. Not just with mortgages, but school loans, etc... There is a push to get as much present/future value out of people as possible. Another reason the Fed rate is 0% for bank/Wall St while everyone else pays a retail rate for borrowing.
The problem we're going to have is people have no wiggle room so if they do lose a job they can't weather the storm. Another sad reality is multi-generation housing (not by choice). Obamacare is going to take care of that though (gov will seize homes for Medicaid costs).
I call these "stick-built ghettos." My wife and I spent several years in them renting a condo. Long enough to know continuing to rent didn't make sense. A modest two BR in our area costs $1,500+/month. Well over our mortgage.
I don't know how you get blood out of a stone. I guess we can become like California where people live on their phantom equity and cash out (re-fi) every few years. I also don't know how younger folks are saving. I had some hard times with hard lessons when I was younger and the cost of living was nowhere near where it is today.
Congrats on buying! It was a hard decision for us but we are very thankful we did it.
This past weekend I was talking to a neighbor who is a realtor. I asked him how anyone can afford to buy a house in the neighborhood. His response: "buy it 15 or more years ago".
Posting Permissions
Reply With Quote