Why Americans feel gloomy about the economy despite falling inflation and low unemployment

Lee Duna@lemmy.nz to News@lemmy.world – 353 points –
Why Americans feel gloomy about the economy despite falling inflation and low unemployment
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"If you want to move to a shithole, you can get a good deal on a house" is not the persuasive argument you think it is.

EDIT: Just so you know where this person is coming from, they've moved on to talk about how fascism isn't so bad from a "global perspective" and being anti-fascist is just "tribalism."

That's because it's not my argument. You're being reddit-brained again.

Yeah, there are plenty of other places you can live though.

Sure sounds like your argument to me. But do tell us the non-shithole places you can live where houses are less than $300,000.

Places with median home prices under 300K and Democrats in state government:

  • Buffalo, NY
  • Rochester, NY
  • Michigan

(Since you live in IN, you don't need me to tell you that Michigan is a pretty nice state to live in).

I live in Michigan. Most of the houses below 300k are either so far out in the sticks you can barely even get Internet, or they're in dangerous and very run down areas.

There are a few nice places listed at 250k, but they sell instantly and for quite a bit above what they're listed at, so it's not like you can actually get one of them.

The median price is under 300K, so at least half the houses in Michigan cost less than 300K.

So what you're saying is that more than half the people in the state of Michigan live in houses that are not nice enough for you?

I'm saying your numbers are bullshit. Houses aren't actually that cheap.

I'm going to go with what Forbes says over your impressions.

Or what Zillow says.

Or just look at the > 200 2+BR houses under $300K in Grand Rapids alone.

Lol they're mostly trailers

More than half of those houses have a garage...

Not if you hide the pending/contingent ones. They're basically already sold.

Also, the houses that have a garage and aren't pending are mostly above $250k. They barely count as being "below $300k".

And like I said, those cheaper houses sell instantly and for a lot above the asking price, unless there's something wrong with them that will cost a lot to fix. You can't actually buy a $250k house for $250k.

Even if you filter out pending/contingent sales and houses on the market less than 14 days, there are still >50 houses (not trailers) in that price range. And since they have been on the market for at least two weeks, they aren't going to sell above asking price.

Yes, houses require maintenance/repairs. Even expensive houses require maintenance, in fact maintenance costs are generally higher in more expensive houses.

That's just one of the tradeoffs of home ownership. You should be ready to replace pretty much everything in the house over the next ten years. If you don't like performing maintenance or paying someone else to do it, you should rent.

Finally, $250K absolutely counts as "under $300K".

40 have been on the site longer than 2 weeks. I can only filter for less than two weeks, not greater than, so I won't bother with that, but here's a summary of the first 5 that have a garage, aren't pending, and are less than $300k:

  • "This house needs work and is priced accordingly"

  • "This is a 55 and older only community."

  • A trailer with a detached garage for $250k. That's just insulting.

  • A nice condo for $299,900, right where I said most houses would be.

  • A kind of ugly place for $230k. The description says it only needs cosmetic improvements, so this might actually be a good one to buy.

So hey, in the first 5 there's one house that seems reasonable. Maybe there are a few more if I go through the rest. Still, for a city of 200k people, being able to count the reasonably priced houses on your fingers is not very good.

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@jordanlund already linked saying the average price for a home is 170k in Mississppi, and even that isn't necessary to find a nice place.

My house was only $60k and it's 1,200 sqft and 10 minutes from a hospital.

The real issue here is your entitlement. You think you're 'too good' to live in places that many others do because you think you're better than them.

Well, if you're so much better than them then pay up, lol. The problem with you people is that you think you're entitled to live in expensive places, but you're not actually valuable enough to society to have a salary that can pay for them. Then you want other people to foot the bill so you can continue to have more than those living in what you deem 'shitholes.'

You'd come across as more genuine if you just admitted it. But you won't. Nobody wants to acknowledge their entitlement, lol.

Yes. Mississippi. Notoriously not a shithole.

"The entire state of Mississippi isn't good enough for me, but I'm not entitled."

Yeah... supply and demand applies to you too, buddy. We can't all live in the Bahamas (which is actually surprisingly cheap), but that doesn't make 'regular' places like Mississippi shitholes. You can live a higher quality of life than the vast majority of people in a $60k* house in Mississippi.

*I haven't been house searching for 2 years, it's overwhelmingly likely this number has increased to $70k or even $80k. Still way way cheaper than what you think a house should cost.

Please- do tell me where you believe I live. Go ahead. Guess.

Kentucky.

Close. Terre Haute, Indiana. And, like the rest of Indiana, it's a shithole. So I may know a little bit about living in a shithole.

And yeah, you can probably get a house that cheap here- if you want a "unique fixer-upper" in between the meth lab house and the house with squatters in it.

Now it's your turn to tell me that if I didn't want to live in the luxurious town of Terre Haute, known throughout the world as The Utopia on the Wabash, I'd know how people really live.

Alright see, there you go saying an entire state is a shithole and (I assume) 'not good enough for you.'

That's what I mean by entitlement. It's insane that you can be living a higher quality of life than the vast majority of people on the planet, yet still think you need more and should get it before they do.

We're just passing a bunch of money around at the top. And most of us are proud of it.

Alright see, there you go saying an entire state is a shithole and (I assume) ‘not good enough for you.’

Yeah, crazy how I would call a place that legislatively is making my queer daughter unsafe a shithole. But I guess I'm just crying liberal tears.

Lol, that's funny. When you say 'shithole' when buying a house, most people will think you're talking about the quality of the property because that's an issue that affects everybody.

If you have something specifically relevant to you that causes you not to like a place, then understand that your judgement is not an absolute truth. Most people will not consider Indian to be a shithole because of its legislation, but you're an exception.

Instead of saying a place like Indiana is a shithole, you should say it's just not good enough for you. That takes the faux-objectivity away from your argument and allows us to discuss on relative terms.

See how it all goes back to entitlement? Trying to convince people you 'need' something because that way they're the bad guy if they try to take it away from you. In this case, as with most, it's money. You need that money, and anyone who gets in the way is a bad person for taking away your needs.

Instead of saying a place like Indiana is a shithole, you should say it’s just not good enough for you.

No. Right-wing dominant places which are enemies to queer people and women are shitholes. In their entirety. Indiana is not good enough for anyone who is non-Christian, queer, a woman or an ally to them.

But sure, you want to be a Trump voter and its paradise. I'd say that makes it a shithole.

Calling a fascist state full of idiot Republican bigots a shithole isn't entitlement, it's accuracy.

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