Quote:
Originally Posted by Zeboim
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I live in Texas but okay. Houston is a nightmare of parking lots and garbage sprawl, I drive through it all the time.
In the end, the 500k number comes from new construction - that's your problem. New construction regardless of where you are right now is going to be rife with pork and substandard garbage - hell even Trump's giant pork barrel (sometimes referred to as a wall) recently made headlines... because some guys with saws cut a hole in it so big that they could drive a truck through it.
There's tons of housing inventory open in the Houston area and the Great State of Texas is damn sure not building anything new. I had my Grandparent's house in Houston appraised recently and their 1500sqft brick house was valued at about 140k in good condition. A far, far cry from anything in LA and the state can get something like that for pennies on the dollar.
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I don't know how you live in Texas and don't realize that it's one of the fastest growing states. Population growth and everything in the past 10 years has been abundant. Texas housing market is on the rise. Try to find something in Austin for cheap. There are a lot of similarities between the market in Austin and what LA has become. Overpriced, filled with red tape and zoning regulations. In Austin, it works right now because we have the jobs and growth but becoming a problem with infrastructure. This has also come at a time where Austin is migrating more to blue than red. Too many people from CA moving here because they dislike CA but want to make Texas like CA.
Median home is Austin is now 400K.
I know they recently passed a law where the homeless could set up camp in Austin. They littered the highways and basically would claim a whole block. It became an issue and lasted about 3 months before people were going back to conservative opinions on that issue.
11-26-2019, 04:43 PM
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