Recent comments in /f/massachusetts

[deleted] t1_j4ku0u8 wrote

No. I mean all of the virtue signaling signs on people’s front yards preaching that Hate has no home here when in actuality there is a lot of hate here towards anyone not a left leaning liberal

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ButtBlock t1_j4kkdip wrote

But every time a housing development gets discussed a giant army of NIMBYs get enraged and nothing gets done. Developments end up being stupid fucking strip malls, fancy grocery stores, not giant apartment buildings. This contingent needs to get fought at the state level before this problem gets any better. Think of the GDP growth Mass is missing out on! Imagine how many more people would move to MA if housing wasn’t a total disaster!

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TheJessicator t1_j4ka7n1 wrote

Not to mention that with just 30k down, that puts you within reach of purchasing a property worth 150k, since anything less than 20% forces you into extra PMI payments, which also slows down your loan processing, which delays the closing more than just securing financing. And then there's the reality that most places you put in an offer on, if someone offers the same amount with cash, the seller will almost always go with that due to not having the sale having to be contingent on securing financing at all.

It truly is unfair at every turn.

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aryaussie85 t1_j4k0keb wrote

Our hack was to buy into a new construction condo development but there are risks - you get a general sense of layout etc but the builder and architect reserve the right to change anything. The good news is that if you buy pre- construction pricing you build equity right off the bat bc they just raise prices after the condo is actually built.. crazy what we have to do for housing here

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