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#20631
Jul 7 2018 08:50pm
Quote (EndlessSky @ Jul 8 2018 01:47pm)
Anecdotal evidence isnt an argument einstein


You have never made a post with any substance and anything you type in here is the written equivalent of a long fart, sorry if I do not value your opinion.
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#20632
Jul 7 2018 08:51pm
Quote (BardOfXiix @ Jul 7 2018 10:49pm)
Are you really going to stick to the argument that housing prices haven't risen faster than median income?


1980 income $12,513
1980 house price $47,200

2010 income $50,600
2010 house price in a place like Austin $177,100

Moral of the story. Dont live in NY like a moron
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#20633
Jul 7 2018 08:55pm
Quote (EndlessSky @ Jul 8 2018 01:51pm)
1980 income $12,513
1980 house price $47,200

2010 income $50,600
2010 house price in a place like Austin $177,100

Moral of the story. Dont live in NY like a moron


What's average income in Austin?
Hard to find work anywhere cheap in aus.
Everytime one of my stores hires we get 30 + applicants, I throw out any with names that sound like they can't speak English, anyone under the age of 25 and anyone over the age of 55.
Leaves about 5, then I tell the store manager to hire whoever is breathing through their nose.

This post was edited by Plaguefear on Jul 7 2018 08:56pm
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#20634
Jul 7 2018 08:56pm
http://www.torontocondobubble.com/2013/11/median-incomes-in-major-canadian-cities.html

Take a look at income changes and tell me those compare to housing changes. Enjoy.
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#20635
Jul 7 2018 08:58pm
Quote (SBD @ Jul 7 2018 10:26pm)
I have never seen such ignorance.

I know Canada better than the US so lets use statistics so we can put this to rest.


The average price of a home in Vancouver (since you brought up cali , ill use our cali) in 1984 was $116,400. The average after tax income in 1984 was $52,500in Vancouver

Lets look at today. Average price of a home in Vancouver is $761,742. The average after tax income in 2010 was $55,500

You claim to be the math tutor. Do the math.

Let me ask you did the change of $3,000 in average income compensate for the 600K change in the average home?

Must be reckless spending creating a barrier from young people entering the housing market. I don't know how to dumb it down anymore than this. You seem to honestly be a simpleton.




I know nothing about Vancouver or Canada prices. Why you persist in this is beyond me. I said twice now, I'm talking about the US.
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#20636
Jul 7 2018 08:58pm
Quote (EndlessSky @ Jul 7 2018 10:51pm)
1980 income $12,513
1980 house price $47,200

2010 income $50,600
2010 house price in a place like Austin $177,100

Moral of the story. Dont live in NY like a moron


I just read this what. Isnt the average price of a family home (4 person) near 450K in Austin?
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#20637
Jul 7 2018 09:01pm
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#20638
Jul 7 2018 09:05pm
Quote (EndlessSky @ Jul 7 2018 09:34pm)
Houses arent necessarily more expensive. People just want to live in shitty areas like cities and in overly large houses for some reason. The other price increases come from poor mortgage practices.


better live in a shed in rural alabama
it's not like the jobs are in the cities or anything ^_^
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#20639
Jul 7 2018 09:08pm
Quote (Plaguefear @ Jul 7 2018 10:55pm)
What's average income in Austin?


$56,565

Quote (duffman316 @ Jul 7 2018 11:05pm)
better live in a shed in rural alabama
it's not like the jobs are in the cities or anything ^_^


:rofl:

This post was edited by EndlessSky on Jul 7 2018 09:08pm
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#20640
Jul 7 2018 09:08pm
Quote (Ghot @ Jul 7 2018 10:58pm)
I know nothing about Vancouver or Canada prices. Why you persist in this is beyond me. I said twice now, I'm talking about the US.


Okay , across the entire US the average income in 1984 was $22,401. The average price of a home was $82,500

In 2016 the average income $59,176 and the average price of a home is $394,600.

That is US Govt statistics.

https://www.census.gov/construction/nrs/pdf/uspricemon.pdf
https://www.census.gov/data/tables/time-series/demo/income-poverty/historical-income-households.html

Lets see if the math tutor can manage to do division.

This post was edited by SBD on Jul 7 2018 09:09pm
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