Re:The majority of 18- to 29-year-olds in the US are now liv...
by ransom1538 on Wednesday September 16, 2020 @02:11PM
(#24495501)
"The only reason it would be relevant that they don't build 2 bedroom houses anymore is if you for some reason think you must have a newly built houses."
Yep. Hence "they don't build 2 bedroom homes anymore"
"The old 2 bedroom houses didn't suddenly disappear."
They didn't. But the population is growing.
Re:The majority of 18- to 29-year-olds in the US are now liv...
by graywh on Wednesday September 16, 2020 @02:36PM
(#24495839)
The old 2 bedroom houses are disappearing in many neighborhoods. "Tall skinny" is a swear word in my town.
Re:The majority of 18- to 29-year-olds in the US are now liv...
by tidepod12 on Wednesday September 16, 2020 @02:21PM
(#24495654)
>They didn't. But the population is growing.
The population of Americans in their 20s/30s (typically the age of first time home buyers) has remained mostly static since 2000.
But hell, let's go ahead and assume that the population has grown in some unknown way. Why is my metro awash with perfectly fine $200k 2bedroom homes? The supply is there. It's the demand that has dwindled.
I don't know if this is what you meant by this, but I do see this same argument come up a lot, and it's a great example of the "entitlement" I'm referring to.
The only reason it would be relevant that they don't build 2 bedroom houses anymore is if you for some reason think you must have a newly built houses. The old 2 bedroom houses didn't suddenly disappear. They are there in abundance for great prices (at least in my metro), but my extended circle (close friends plus people I know from childhood/high school/etc) won't buy them because they insist on new builds or new renovations.