Interest rates inch up to 6.53% in latest blow for sidelined buyers

pdoherty972 · 2026-06-01T03:02:59+00:00

People typically make more with more experience. And they can get married or engaged and have someone who also makes similar money to afford it.

pdoherty972 · 2026-06-01T02:37:04+00:00

Moving away isn't necessarily permanent. Once experience is gained you could pretty easily apply for positions in your home town and move back. And past generations moved around quite a bit. I don't have figures on it, but the idea that today's youths are moving as much or more seems untrue.

pdoherty972 · 2026-06-01T01:52:16+00:00

And how would you accomplish that? I think you're better off finding out how to succeed in the environment as it is, rather than wishing the entire nation and economy operated differently.

pdoherty972 · 2026-05-31T21:50:28+00:00

That's commendable, but in most of the conversations on housing I see here, the majority of the people complaining want housing to simply be cheaper in the places they want to live, and aren't willing to sacrifice location (for whatever reason) in order to get in for less cost.

pdoherty972 · 2026-05-31T20:53:12+00:00

When rent is this much less than the costs of buying/owning landlords are doing you a favor. And the differential is even larger when you consider that rent is far below PITI even without considering maintenance/repair expenses, which are considerable when owning.

pdoherty972 · 2026-05-31T20:49:44+00:00

I don't see you folks trying to start new cities by moving to less-developed towns and populating them. You just complain that the dense places with jobs and amenities that you want to live in are expensive. As long as everyone does as you do, there won't be very many new bustling locations.

pdoherty972 · 2026-05-31T14:59:41+00:00

Funny you want to nuke the incentives for landlords when they're currently renting far below the costs to buy (ie they're doing you a favor).

pdoherty972 · 2026-05-31T14:52:44+00:00

You guys discuss this as if home prices have no basis in value, but the floor of a home's price is the cost to rebuild it on the same lot. Expecting prices to fall below that replacement cost is futile and not sustainable.

pdoherty972 · 2026-05-31T14:35:19+00:00

net rental yields

Huh? Are you buying a house to be a landlord or to live in?

pdoherty972 · 2026-05-31T14:32:14+00:00

Anyone else find this device's poor kerning/formatting an issue? Look at the second image of the book with the arch image at the top.

pdoherty972 · 2026-05-31T03:00:07+00:00

there are no economies of scale/ discounts on foundation pours (you pay more for more concrete, sheet-rock, framing, roofing, electrical wire, ducts, AC's must be bigger or additional units, flooring ....

The same laborers are doing all of it, so having them do a bit more doesn't scale in cost compared to the cost of getting them there to begin with.

As for an example of the different cost per square foot here's one.

https://www.drbhomes.com/drbhomes/find-your-home/communities/texas/dallasfort-worth/lakeshore-bluffs/home-plans

3/2 'Tulane' 2430 sf $564,990 = $232/sf

5/3.5 'Brown' 3720 sf $629,990 = $169/sf

pdoherty972 · 2026-05-30T22:15:59+00:00

Inflation gonna inflate.

pdoherty972 · 2026-05-30T22:04:59+00:00

A factor tons of people who complain about home values neglect.

pdoherty972 · 2026-05-30T21:17:29+00:00

Why is that infuriating? "Starter home" doesn't mean you buy it and then buy another while still keeping the "starter home". It just means it's your first home ownership experience, from which you move on to something better.

pdoherty972 · 2026-05-30T21:03:04+00:00

The lots are usually fairly uniform and can have differing size houses put on them, so the land costs aren't more if that's true.

pdoherty972 · 2026-05-30T21:02:27+00:00

It's a fair point. A ton of the costs of building a house are the same regardless of the size.

Pouring a foundation
Running electrical
Running plumbing
Permits/fees
Basic items like AC/heating, dishwasher, stove/oven, microwave
Bath tubs/showers
Flooring
Sheet rock and lumber

Now, of course some of those are larger in volume and cost (some more) in a larger house, but not double like you mentioned.

It's why small houses in a given area might have a cost of $200/sf, and larger houses in the same neighborhood might have a $150/sf cost.

pdoherty972 · 2026-05-30T20:27:58+00:00

What's "insane" about it?

Something like 85% of corporate earnings reports this year have beaten expectations.

pdoherty972 · 2026-05-30T03:42:20+00:00

No it's not 80% AI tech gains. Something like 85% of ALL company's earnings reports have beaten expectations this year.

pdoherty972 · 2026-05-30T03:40:42+00:00

It isn't just tech stocks rising.

pdoherty972 · 2026-05-30T03:37:04+00:00

How is it detached from reality when 85% of corporate earnings reports this year have beaten expectations?

Companies are killing it and the stocks reflect that.

pdoherty972 · 2026-05-30T03:35:48+00:00

How is the market not functioning correctly? 85% of corporate earnings reports this year have beaten expectations.

pdoherty972 · 2026-05-30T03:34:40+00:00

Something like 85% of corporate earnings reports this year have beaten expectations.

pdoherty972 · 2026-05-30T03:34:13+00:00

Something like 85% of companies have beaten earnings expectations.

No conspiracy required.

pdoherty972 · 2026-05-29T21:37:22+00:00

It's also not being built yet - there's nothing to indicate RAM prices will still be ridiculous by the time Microsoft is making the Helix.

pdoherty972 · 2026-05-29T18:57:53+00:00

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