Yah it’s pretty bad now. How long can this go on?

Western society in a nutshell

okay boomer

Homes are now built using a ponzi scheme. The housing bubble is not normal, its a bubble. Bubbles attract people looking to make easy money.

@@derrickraccoon7370 Wow, that's creative. No other dumb new thing that everyone just mindlessly repeats?

Any advice for someone who wants a new build? The population of adults has grown so much (children of boomers I guess) that there isn’t nearly enough older stock to house people.

Lol retired? You look like you were being potty trained two weeks ago. No, Jorge, building a house on The Sims doesn't make you a architect.

What is with every business today "subcontracting out" which means the main builder can bow out of any responsibility for this crappy workmanship??

@@andreah6379 In an ideal world, it would mean that you get specialists for tasks, instead of generalists working for the builder. But I agree that the company then has a convenient scapegoat and doesn’t take full responsibility for the work, even if it was their hire.

Nailed it.

It’s a red state. They’re too busy bullying school board meetings, throwing away bud light store, arguing with Target over pride displays.

Yep

Exactly, but unfortunately, affordable housing, new house construction is very limited and buyers are often desperate.

@@LionTowercoporation I'd be glad to get the help of one, but just how can one spot a reputable one?

@@LionTowercoporation She appears to be well-educated and well-read. I ran a Google search on her name and came across her website… thank you for sharing.

7% mortgage rates are hardly crazy. I sold real estate when they were 18%.

But the structure of the economy was different, so there's that.

You're absolutely right

Hmm my father designed our home and it was built in 1995. The stain glass mosaic window in the living room is worth preserving and I hope my home last for over a hundred years you purchasing a 90 year old home and fixing it up gives me hope.

I am doing the same thing for my 1951 brick house which is slowly renovating. I call this house "The Tank" because it's built strong and well. 💪

I notice houses built in the 90's started becoming very low quality. They look nice, but they're money pits.

That’s what I thought about doing, buy an old house for the fraction of a new construction, and renovate it to my liking for a few thousand dollars

They want ridiculous money for failing down shacks now. Unless you get a downtown home in a small town or city. Those are quite affordable the last I looked.

Do not buy a home from ANY national builder, they are all the same !!!

any home from any person or company is naturally gonna be imperfect. Deal with it...These people need to stop whining and hire a handyman to fix their stuff..It sucks and it's gonna cost em but wtf? All they do is whine.....imho.

​@@davidwright873👈 Scumbag home builder?

this is the best discipline…and lawsuits

💯

Smart.

Definitely depends on the area. In Vegas we just bought a home from 1998 which is considered ancient but, our friends that have new homes say they're cheap and fall apart. It made sense because we do not have much rain, snow, or other weather patterns that cause excessive wear and tear.

You have planting issues because of soil quality/depth, simply digging a foot down reveals what the substrate is, this too is why some places there the soil can't support plants/grass......

@@heyrod59 oh I didn’t mean it in the sense that plants will not grow lol far from that. I mean the idiots who planted all these beautiful trees and other plants did not know what they were doing. I have a beautiful weeping mulberry right over my water and sewer lines and directly beneath the power line to my house. I have a crepe myrtle that was planted right by my back fence and is just too close to it to grow nicely. I have another tree, can’t remember which kind growing right underneath the power lines near my alley. I have holly growing too close to the house and very well established and popping baby hollys. I have another tree close to the holly growing right next to a bathroom wall…. The people planting were idiots. I have a very old white maple in front, rare for my area, butcher cut to where water has been going into the tree. Oh and then they put rock all over the place and let grass grow over it meaning that when I mow I have a big chance of popping out a rock from underneath the lawn mower. The whole lawn will need to be excavated at some point…

Las vegas is the same I'm in the gatage industry ever since the housing crisis 08 newer homes have been cutting corners on garages motors that last 2 or three years part wise.. Also customers in New homes always tell me the water heater are failing ac units are cheaper and other building issues.. ridiculous

Imo, OSB isn’t better than styrofoam. It’s highly flammable, structurally weak, off gases like an oil field. Fire fighters hate them.

Not even styrofoam. Some of these houses are sheathed in cardboard.

Styrofoam. Some of this stuff reminds me of what I seen in housing in China. WTF

@@josron6088 Styrofoam is a good insulating material for homes in the southwest. I'm okay with it as long as it's used on top of the OSB.

A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $350k since then.

@@MarkFreeman-xi3rk I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.

Actually, I've shuffled through a few advisors in the past, and Margaret Johnson Arndt remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, thanks for sharing.

It's a little late to be shouting that..Once you have the house, deal with it...

@@davidwright873 ? I didn't buy this house. My words were meant for potential new house buyers.

BINGO🎉🎉🎉💃💃💃

words of wisdom

@@davidwright873his comment is primarily for people who are going to buy, but it is also helpful and necessary for those who have bought as you have to accept your part in all of this in order to move forward in a way where you can get results and not stress over it all. a lot of these buyers are jumping at price point and making a heroic assumption about quality, without considering the differences in quality across builders. take responsibility for your own mistakes so that you can get resolution going forward and keep your sanity. If all you are going to do is blame others, as if you had no responsibility, well, good luck, you’ll never get resolution either.

fix it yourself beta male

Yet you purchased it anyway right.... people are stupid.

Why is the most important purchase warranteed for only 1 year?

And check on the inspector's reputation. Even a good one will miss stuff.I know, I found problems later on 3 homes that were all inspected.

Single-family homes in California now start at $1M-plus.

Facts! But a lot of people also don't realize that work is contracted out and then subcontracted down 2-3times sometimes. At that point someone who isn't even licensed or experienced is the one now building the home.

@@james2004TxVet And the Southern Border is wide open! A many-tiers-down subcontractor's dream! Lot's of cash under the table.

Can troll nuts even purchase a home?

bomb a country steal their labor to pay cheap prices complain about not being "made in america" can you find a group of people with any less self-awareness?

I'm a boomer! My advice about new homes: DON'T😅

This boomer was smarter than that. Bought a home built in 1973, been here 11 years and not😅 a single issue it’s what was already here. New appliances Bought on day 1 were replaced last year, new dishwasher arriving next week.

Bingo

South Carolina is just as bad. Many builders here just declare bankruptcy ,move to another state and do it again.

Ten feet seems awfully far away to plant shrubs and flowers. I’m so used to seeing homes nestled into foundation plantings that a house would seem naked without them. Many houses in Europe do not have foundation plantings and it’s a very barren look IMO.

Those seem like very sound rules. Any suggested rules for finding a reputable custom builder? Preferably one that isn’t looking to only build mansions.

this is what happens when we let corporate conglomerates take over our nation and reduce everything to nothing in the name of profits. And no one is saying they cant make money but they are clearly taking us all to the cleaners.

Good point…….

You were an exception to the rule. Most build contracts don’t allow the purchaser in the home until the final walk through.

And if a fire starts, I'll bet they burn down in 5 minutes.

Screw unions. Nothing to do with that. I was in a union for 2 years. Lazy people

exactly these non union contractors building all this trash and paying mcdonalds wages to their workers obviously they wont care

In my area the fixer uppers cost as much as the brand new homes. It’s insane.

@@PamelaBellOfficial wow, this housing market is insain.

Sorry, it's rampant nationwide. South Carolina, where I live is terrible. Safer to buy a pre 1970 house.

The 70s were a bit of an experimental era for building. There were a lot of shoddy tract homes then too, but there were a lot of custom homes made with unique designs and non-standard materials. Some of those held up very nicely and some have already fallen down. I’ve always been amazed to see houses with plywood exteriors from that era that aren’t rotted through.

They are called DRIVE BY INSPECTIONS !!!

agree with sentiment, but doesn’t need to be a “government” inspector. yeah, a huge red flag to say “if you inspect my work independently it voids the warranty”. Just think about that people, why in the heck would you accept such BS? No one is forcing you to sign that contract, and with that term it is a huge red flag that they want to hide their issues from you and then avoid or delay any fixes in the future.

Wonderland is ready goneeeeeeeeeeeeeee

Most underrated comment! 😅

Yeah, but just be sure it doesn’t have decades of deferred maintenance. Fortunately that’s usually pretty visible.

Only buy a pre 1970 house.Only thing special about new builds is they will have more problems.

For a long time after World War II people had a strong sense of civic duty. There isn’t a sense that we are all in it together any more. Even the politicians do not talk about “us” anymore, the ones that get elected openly celebrate greed and spite.

No portajohns at the construction site?

@@MisterMikeTexas Yeah there were but the workers from another country were too lazy to walk halfway down the street to use it.

@@tdc9136 Maybe whizzing in the corner of the room under construction is standard practice in their home country. But yeah there's no excuse for that. I don't think I'm ever buying a house. You don't really own it anyway, the government does.

That seems to be a frequent occurrence.

Wasn't good 45 - 50 years ago, but it's worse today than it's ever been.

That’s not true anymore, unfortunately. Craftsmanship died awhile ago, and the last of the guys with workmanship and pride are retiring.

The abuser always blames the victim. 😔

@@MisterMikeTexas Yep.