NWI INGO General Thread #27 - Fresh Pink Air On US-30 smells like...

[Ballstater98]

This is getting out of control.
Quarter of a million.

 

[chef larry]

Runner!!!!

At my age walker at a slow pace.

 

[sadclownwp]

This is getting out of control.
Quarter of a million.
View attachment 339848

And I bet it sells in less than a month. Because no one can afford to build a house and have a loan on top of it. No company is out there building starter homes anymore either. I keep waiting for the floor of the housing market to crash. But then you look at the demand for housing and it is skyrocketing. Every year the demand gets higher because you have the new graduates that want houses and the ones still living with their parents that want houses.
I honestly don't think house prices will come down, but I hope interest does.

 

[chef larry]

Thursday morning and rain.

 

[bigretic]

Not Chinese. But I don’t how you feel about Thai food? But that Thai Place in CP is my favorite.

where?

 

[bigretic]

#1 may be due to the Math Skills of recent graduates ... majority cannot count Cash back to save their life -- to say nothing of you give them extra change to get special change back
( $9.65 bill - give them $10.15 to get 2- quarters back )

The reality is that they don't use it and don't care, therefore it does not resonate with them that it is your objective.

 

[bigretic]

This is getting out of control.
Quarter of a million.

I'd say that's tippy top of the market for that area and bad investment.

 

[Snapdragon]

Thursday morning and rain.

Rained all damn night. The thunder doesn't bother me, but at one point the rain on my bedroom windows was so loud I couldn't sleep. Getting another surge of it right now.

 

[melensdad]

And I bet it sells in less than a month. Because no one can afford to build a house and have a loan on top of it. No company is out there building starter homes anymore either. I keep waiting for the floor of the housing market to crash. But then you look at the demand for housing and it is skyrocketing. Every year the demand gets higher because you have the new graduates that want houses and the ones still living with their parents that want houses.
I honestly don't think house prices will come down, but I hope interest does.

US construction data is showing that, for the first time in modern history, the average size of houses are SHRINKING in square footage. Shave 100 to 200 square feet off the size of a house and that saves $$,$$$, and it saves on every mortgage payment, saves on the size of the down-payment.

It used to be easy to build a house for $100/square foot. Custom homes were $150/sf. Now $175/250sf is pretty common. More for the fancy stuff. Those costs are just suburban and rural houses on normal lots in normal communities like scattered about da region. And I'm not talking about "the good old days" I'm talking about pre-covid prices versus today.

I stopped house flipping during covid because the prices just got crazy.

My daughter's condo in the city was crazy to remodel. Got a bid of just over $100/sq foot to do new floors, kitchen, paint and a bit of light construction. I did the work for about $40/sf with my buddy and a couple other guys (and all were paid regular wages). But the city puts all sorts barriers & regulations on contractors that drives up prices, not saying we complied with all of them

 

[Mr24g]

where?

Five Star Thai in Crown Point. Pretty good IMO.

 

[sadclownwp]

The reality is that they don't use it and don't care, therefore it does not resonate with them that it is your objective.

To be fair, they are used to people who are senile throwing all sorts of money at them because they also can't count. How are they supposed to know someone wants special change if they are not asked if they can have special change first. Also consider that most corporate places already have a policy about opening a register to make change. So how are they supposed to just know the difference between someone who is senile and also can't count, and someone who wants specific coins back? I honestly think you guys underestimate the amount of people who just pull out all the money and change in their pockets and put it on the counter.

 

[aclark]

And just found out my uncle bought 20 acres down in lowellabama (unincorporated). He's the one that I hunt with so I'm sure I can run the dog there with some gunshots.

 

[bigretic]

Five Star Thai in Crown Point. Pretty good IMO.

Oh, Pine Island. No wonder I never heard of it. Always forget that's CP mailing addresses over there.

 

[yeahbaby]

And I bet it sells in less than a month. Because no one can afford to build a house and have a loan on top of it. No company is out there building starter homes anymore either. I keep waiting for the floor of the housing market to crash. But then you look at the demand for housing and it is skyrocketing. Every year the demand gets higher because you have the new graduates that want houses and the ones still living with their parents that want houses.
I honestly don't think house prices will come down, but I hope interest does.

Yep on your first sentence. The building of new houses in our area (Portage) is insane. We've been here 26 years and not seen anything like it. And it's all over northwest Indiana. Then I hear from folks in education saying because of the influx of people moving in, they are running out of classroom space. So bad they have to send students over to a neighboring city school.

 

[sadclownwp]

Yep on your first sentence. The building of new houses in our area (Portage) is insane. We've been here 26 years and not seen anything like it. And it's all over northwest Indiana. Then I hear from folks in education saying because of the influx of people moving in, they are running out of classroom space. So bad they have to send students over to a neighboring city school.

Yep, people having way to many kids. Really taxes need to go up on parents for each kid (until the child is out of school). Prolly should take away the tax refunds for children. Use the extra money for raising the pay of the babysitters that teach the children. Then decrease taxes on those without children.

 

[mmpsteve]

... Every year the demand gets higher because you have the new graduates that want houses and the ones still living with their parents that want houses.
...

Not to mention the 7-10 million new 'migrants' over the last couple years who need housing.

.

 

[sadclownwp]

Not to mention the 7-10 million new 'migrants' over the last couple years who need housing.

.

I know a fair amount of illegal immigrants from growing up near the Fair Oaks Dairy farm. For the most part they never ever get houses, they just move into the 2nd bedroom of the one legal migrant with the work visa who is renting the house. Or in the case of DeMotte, where Fair Oaks had the 30ish duplexes built to house the people with the work visa's. The problem was then they start making little citizens that can't be displaced. Completely coincidentally, with nothing to do with the nationality of those that were imported, the same year the migrants came in, was the same year the mass break ins started happening in my quiet community.

 

[d.kaufman]

And back to damp chilly. 66° at 3:30 & now down to 48°

Was liking those uppers 60s low 70s

 

[Ballstater98]

And back to damp chilly. 66° at 3:30 & now down to 48°

Was liking those uppers 60s low 70s

Man, that cold front rolled right in and made a marine fog.

 

[mmpsteve]

Man, that cold front rolled right in and made a marine fog.

Sun's shining in Schererville.

.