Recent comments in /f/massachusetts

kdall7 t1_j4jci1h wrote

My husband and I bought our house a little over 2 years ago and it’s increased in value almost $100K for no reason at all. Our friends can’t find anything even remotely comparable to what we bought our house for and they’re better off than we are… it’s just super unfortunate

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chevalier716 t1_j4jbk2r wrote

Same. Our household income is $120k, yet we're still struggling to save between price gouging, 3k rent, etc. We have decent savings, but we can't grow it to keep pace with the 10% needed for down-payment. I got outbid on so many properties by $50k each time early on during the pandemic that we basically gave up. Hoping we can snag a condo, this year because our landlord's trying to get rid of us to renovate and we really don't want to rent anymore.

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[deleted] t1_j4j7837 wrote

Years ago, I lived in Braintree and the NIMBYs were intolerable. At one session opposing high density housing development near the T Stop, some imbecile described Braintree as a “rural community that shouldn’t be developed.” Yeah. A rural community with a major subway stop, commuter rail hub, interstate connector/intersection, ginormous shopping mall and a couple commuter rail stations.

And the worst part was when she said “we need to save the town for the people who live here and our children.” Imagine if someone had told her that when she wanted to have her house built in 1982.

I understand that the state has since stepped in and mandated higher density zoning near all commuter rail stops, but I’m not holding my breath for affordable housing to appear.

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Positive-Material t1_j4j1jc1 wrote

watch 'Sachs Realty' on YouTube - he says prices are going down already and will go down (although maybe not in the Northeast), because everyone is SPENDING too much in general and people can't afford this, or to repair and keep up the huge houses they bought. So in 3 years we will have a repeat of 2008, it is just starting now though. Personally, I would wait for this house to do price drops and then offer $250,000 and put in $100,000 in repairs to make functionable - https://www.redfin.com/MA/Attleboro/25-Dailey-St-02703/home/15969095 Then you have a house for $350,000 near two high ways..

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