Doesn’t really matter. I keep saying who can afford these prices… only to see these home sell at those prices. No idea who can… but everyone I speak with says they can’t either. I refuse to be house poor and my reward for being fiscally responsible is looking to move to a different state. Yay….
Generally, home prices cannot be sustained at current levels. Consumers are spending too much, percentage wise, of their income in housing. It's causing distress in non-housing areas of consumer spending and debt.
I've lived in a bunch of cities/countries.. honestly, after 2 weeks, I think SLC might have the worst tinder. Not saying it's the worst singles in general, but tinder here is vile
Well seeing how you didn't even bother denying the other two issues I mentioned (abs there are plenty more) I'd say I'm fine with disrespecting a culture like that, one that disrespects entire groups of people and actively works to make their lives worse. Yah I'm ok with that.
Not really sure what to say. Think it’s pretty simple, respect people’s cultures. The world does it, Utah doesn’t do well here. No culture is without error.
We’re likely gonna see 50+% hits, maybe worse. This is bigger than overinflated home values. Stock market isn’t even done falling, it’s got a ways too go. No soft landing.
Utah population growth will continue to be strong. There aren't enough homes being built. People refi'd a year ago at ridiculously low rates fixed for 30 years. Not seeing how prices will plumment.
A friend of mine walks sugar house park at night, I did it with him the other week and it was a nice place to walk with small hills and plenty of room for bikers, walkers, and cars.
As an economics major I cringe and facepalm every time I see/hear how short sighted people are. The current economic environment is a long term product of many past decisions and changes. What happens today may not have noticeable impacts for months, years, or even decades. Thanks for the post, we need more info like this circulating.
I personally don’t see any issue with expressing gratitude for something wonderful regardless how it came about.
Praise the whale or anything else, totally cool.
You know what? I'm doing a survey.
I know some farmers did over the last few years.
Wish threads like these were somehow stickied. Very useful comments for something that many people wonder about.
So far, this isn’t even a heightened year for air quality or fire danger..
My means of access is Apollo, no other way. Once Apollo is gone, reddit goes with it. So yeah, I support an indefinite blackout.
Doesn’t really matter. I keep saying who can afford these prices… only to see these home sell at those prices. No idea who can… but everyone I speak with says they can’t either. I refuse to be house poor and my reward for being fiscally responsible is looking to move to a different state. Yay….
Generally, home prices cannot be sustained at current levels. Consumers are spending too much, percentage wise, of their income in housing. It's causing distress in non-housing areas of consumer spending and debt.
2017 levels? checks notes
Demand will need to pick up, currently at record lows.
I've lived in a bunch of cities/countries.. honestly, after 2 weeks, I think SLC might have the worst tinder. Not saying it's the worst singles in general, but tinder here is vile
What's the issue with dating apps?
Ever hear people say, don’t buy anything built in the last few years? Yeah, there’s a reason they say that.
I totally agree with you but that home is going to be worth more than 600K quicker than we want to admit.
If it get lots of work, I could see it.
Checkout the price history...
Thread from a while ago, Suicide rate by Counties in Utah.
Totally. I’ll be curious about the accuracy with more data coming. Just thought the early metrics were interesting.
They actually are dropping overall.
They are likely to but not in the timeframe you might be needing.
Well seeing how you didn't even bother denying the other two issues I mentioned (abs there are plenty more) I'd say I'm fine with disrespecting a culture like that, one that disrespects entire groups of people and actively works to make their lives worse. Yah I'm ok with that.
Yeah the suicide data referenced in that wiki is largely inconclusive, as I thought. Empirical and etc.
Cool.
Not really sure what to say. Think it’s pretty simple, respect people’s cultures. The world does it, Utah doesn’t do well here. No culture is without error.
The clergy are the abusers. They're not only refusing to report child abuse, they are also driving kids to suicide.
Reverting to a non psychotic valuation is not a crash. Touch some grass.
Many regions in the west are down 20 to 30% from ATH so far. Even here locally with higher valuations like Park City.
Missing the forest for the trees.
We’re likely gonna see 50+% hits, maybe worse. This is bigger than overinflated home values. Stock market isn’t even done falling, it’s got a ways too go. No soft landing.
Utah population growth will continue to be strong. There aren't enough homes being built. People refi'd a year ago at ridiculously low rates fixed for 30 years. Not seeing how prices will plumment.
Same reason prices went up during covid, low supply high demand. We’ve now got high supply low demand.
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I get it, no one wants housing to go down. No one wants their homes to lose value.
It's hard to see the light at the end of the tunnel unfortunately.
Hope everyone is okay.
Unleashed dogs are out of control in Utah. I've seen so many attacks, I don't understand how people are indifferent still.
Double-track and electrify FrontRunner instead, and do the
Only 125?
A friend of mine walks sugar house park at night, I did it with him the other week and it was a nice place to walk with small hills and plenty of room for bikers, walkers, and cars.
Bikers ride way too fast in the park. Not uncommon to see one or two doing 1.5 to 2x car speed. Right next to pedestrians.
What a weird article, misleading.
You know who’s down 46% YTD?
META is down 73% YTD.
As an economics major I cringe and facepalm every time I see/hear how short sighted people are. The current economic environment is a long term product of many past decisions and changes. What happens today may not have noticeable impacts for months, years, or even decades. Thanks for the post, we need more info like this circulating.
Yeah the problem is far more nuanced to encapsulate in a single president.
Housing is in the beginning phase of it’s collapse.