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To: TexasFreeper2009

Good luck even getting a call back when you try to buy land suitable to build in many places (especially foreclosures). And you’ll need even more luck when you try to build.

The bidding and permit process has become so ridiculous in many places by design so only good ole boy insiders can come out on top.

Development corps with gubmint connections buy up the land and build rows of packed identical boxes that sell for several times more than building your own home used to cost.

It is equivalent to buying up all the gas in town after a hurricane and selling it to your desperate neighbors. Many towns have called for outlawing this behavior but some will still call these people good capitalists and blame the neighbors for not being first to cash in on this “great idea”


44 posted on 08/20/2022 6:09:13 AM PDT by varyouga ( )
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To: varyouga

Well, as I said before I live in Texas, not some liberal hell hole.

There are empty lots all over the place along with tons of small older homes built in the 1920’s that can be purchased for little more than the cost of the land they are sitting on.

If you want to buy something.. you simply go online.. it’s not hard. If you feel that you need help, go talk to a property management company, they will help you find a place to buy and then manage it for you afterwards.


50 posted on 08/20/2022 6:17:33 AM PDT by TexasFreeper2009
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To: varyouga

I bought my first home in Texas for $88K in 1996. Just under 2K SQ FT, a 3 bedroom, 2 bath with formal dining, EIK, fireplace, laundry room, WIKs throughout, and 2 car garage. At the time, we were making $80K jointly. Property taxes were under $3K a year.

We sold that in 2015 and bought a 4 bedroom, 2.5 bath with massive kitchen, formal dining, fireplace, laundry room, WIKs, 2.5 car garage in a great HOA for $222K.

Home is now worth $430K.

The days of an $88K starter home for couples is over. I feel bad for young people.


108 posted on 08/20/2022 8:17:12 AM PDT by TheWriterTX (Trust not in earthly princes....!)
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To: varyouga

I bought my first home in Texas for $88K in 1996. Just under 2K SQ FT, a 3 bedroom, 2 bath with formal dining, EIK, fireplace, laundry room, WIKs throughout, and 2 car garage. At the time, we were making $80K jointly. Property taxes were under $3K a year.

We sold that in 2015 and bought a 4 bedroom, 2.5 bath with massive kitchen, formal dining, fireplace, laundry room, WIKs, 2.5 car garage in a great HOA for $222K.

Home is now worth $430K.

The days of an $88K starter home for couples is over. I feel bad for young people.


109 posted on 08/20/2022 8:17:12 AM PDT by TheWriterTX (Trust not in earthly princes....!)
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