Homebuilders Have TONS Of INVENTORY To Dump Into The Housing Market

[@TheCarnivoreSoprano]

I'd like for them to stop building poor quality homes and charging premium prices.

[@KristinaSmallhorn]

I concur!!

[@rustyscrapper]

People cant afford the cheap ones.

[@dianemarie8873]

I'd rather they drop the price of the house.

[@bel3133]

As a homeowner, I'd love for prices to come down; our home shot up by $200k in value in just a few years, and to us it seems ridiculous. Our homes should not be worth this much, and the taxes are only getting higher. I'd also love it if flippers could not be so cheap and destructive in the renovations they do, or even better, we can have fewer flippers, and more people who actually live in and care for the homes they buy.

[@pl1753]

Hope this is the beginning of a correction in the housing market

[@warrenlucier5796]

f you have a 30 year mortgage and you pay it off in 30 years, you've bought it 3 times. The ideal thing is to get a 30 year mortgage and pay extra principal to shorten the loan and total cost, as the interest paid is figured on the remaining balance after every payment.

[@photwizzy]

Thank you for sharing this!

[@KristinaSmallhorn]

Good advice. We make an extra payment every year.

[@kriscree8627]

Can't afford apartment rent or a house purchase on social security nowadays! Wonder where sr. citizens are supposed to reside in America when Cost of Living increases aren't even realistic?

[@KristinaSmallhorn]

That’s the big question! Where are they going to go?!?

[@GAJoe1959]

I have a rental property in St Johns County Florida which is more inland. Property insurance is $900 a year, the property taxes however are very high at $3000 but all the no tax states have higher property taxes. 1497 sq/ft

[@extrememxmom]

Thanks! Very informative. Deltec homes have been around a while. Seen them on the East coast survive some hurricanes. Would love to learn more about them.

[@Outdooracademe]

Drop the price of the houses and rent. If it doesn't I'll be living in my car in less than two years. As it is now, it's inevitable. Not just for me but many, many others. This is positively criminal, and no one gives a s**t.

[@AaronHope_Sow]

If builders and their partners can offer below market interest rates they will move those units without dropping the price.

[@kriscree8627]

There are plenty of new homes being built in Central Florida, but who could afford them? Can developers please build one of their homes for $100k or less. 1 bdrm, 1 bath would be fine. Floors disintegrate too easily in mobile/manufactured homes. Don't want to ever buy one again.

[@seanm3226]

Pure delusion.

[@janeosborne165]

Nice to hear more from Eddie!

[@KristinaSmallhorn]

I agree. I’m glad he keeps me straight.

[@DZ-rf9fh]

Yes, would love for you to interview Deltech. Building process to cost for some basic builds. 1,000, to 1,200 sq feet. Can they deliver and build nationwide (US)? Thanks

[@darlenestadler9051]

Hello, Kristina! Hailing from Crystal Lake IL, and rent is crazy! 1 bed/1 bath in my rental community is a little over $1800/month. (deep sigh) Prices of homes have been out of reach for me since the pandemic. My two young adult children and I are roommates to afford a 3 bed apartment, and even though it's expensive, it still is far more affordable than a home would be with the same square footage. This is reality, friends. Hope things change for us all. Happy New Year, everyone! Thank you for your wonderful show, Kristina!

[@mindfullymellow2323]

@darlenestadler9051 - the struggle is real, even as a homeowner! Sold my Grayslake house because mortgage + out of control property taxes are unsustainable long term without house hacking with my two young adult kids, who took jobs in other states. So I took my proceeds, paid off debt and am rent hacking with one of them and his gf for now. Have a healthy family dynamic, so it works. We’re all saving $ we otherwise couldn’t. Stay warm!

[@peachyt6296]

I live in the general vicinity of Woodstock...I am not in Woodstock, but close enough I suppose. I can only assume an $1800/month studio is either on Main Street (highly overrated) and/or POSSIBLY very near the "Outlet Shoppes of Atlanta" (how far away from Atlanta can you be and still claim the "Atlanta" namesake...but I digress). I'd be willing to bet there are ample 1980s built SFR with 3/2.5 or 4/2.5 throughout Woodstock for less than that studio runs. Maybe not by much, but if you were spending close to that anyway, it's probably a lot easier to have a roommate or two in a 2,000sf house than a 500sf studio. I don't know why anyone would drop that $$ on a studio in WOODSTOCK, that boggles my mind.

[@KristinaSmallhorn]

My BIL is single divorced dad so he doesn’t really have the resources to maintain a home.

[@peachyt6296]

​@@KristinaSmallhorn understood, that's not an ideal situation for sure. After posting, I did find that while not necessarily "ample" (as I suspected) there were more than a handful of either SFR or 2+ bedroom apartments in Woodstock listed on Zillow Rentals with a "max price" set to $1,700, so larger spaces than a studio are out there in the general price range (seemed to run between $1,400 and my $1,700 max). Matches became even more abundant when I expanded to the immediate surrounding outskirts in Cherokee County, still very near Woodstock, in places like Acworth, Holly Springs, and Canton. I still cannot fathom $1,800 for a studio almost anywhere in the country, let alone little ol' Woodstock. Great livestream as always, thank you for putting them out there for us to watch!

[@palomaquerida]

Happy New Year!

[@ashleypello7532]

@15:16 ON POINT KRISTINA!!! 👏👏👏Everyone needs to keep their eye on these institutional investors, a recent study revealed that they will own 40% of the SFH market by 2030 if nothing is done and we all know this incoming admin and congress will not be doing anything to regulate them (consider those current lawsuits and investigations into Real Page and the rest dropped). I will always be a loyal follower because Kristina is keeping it real for the working class. Thank u!!!

[@macgreiner]

I’d love to hear more about deltec

[@peonyempress4328]

Well done🎉❤

[@karenjensen2345]

All he new homes are too big, have HOAs, way too small Of yards and no one wants them, too expensive!!! We need way more 3/2 brick 1950s style rance houses with no HOAs

[@ramonalvarado9503]

Happy New Year Ktistina

[@KristinaSmallhorn]

@@ramonalvarado9503 happy new year to you!!

[@jasneskis]

Put a link for Tuesday show in the future. I didn’t know you did a Tuesday show.

[@sleepycalico]

If they buy up two percent of property every year, in a decade they own 20 percent of the market. One out of five houses.

[@Joce123]

Louisiana Sunday January 5th..tornadoes..terrible weather. Need a better housing design

[@KristinaSmallhorn]

@@Joce123 I concur.

[@jamalwilliams1097]

Love the intro

[@Joce123]

Please define "affordable ".. To say a percentage of the median income really doesn't work.. Very high earners skew the numbers..Affordable to the average worker...like UPS package handlers earn $21 an hour in Tampa Fl. Union job!!..so $1,,000 all housing costs.. would a stretch

[@KristinaSmallhorn]

@@Joce123 that was my point. So much housing they label “affordable” isn’t actually affordable.

[@KennethFairchild-h4s]

742 dollars a year for my homeowners insurance my house is 1600 square foot.

[@luzfelipe2964]

The new young generation can’t afford to move out the parents house because they can’t afford rent, car payments insurance. .

[@reginafisher9919]

Truth

[@Joce123]

Fort Myers beach is going to OK making homes out of containers.

[@TheCarnivoreSoprano]

That can open a whole new can of worms.

[@seanm3226]

That’s always been my dream, to live in a metal drum during Florida summers.

[@falsificationism]

"Co-op mobile home park" has my name written all over it tbh! Cooperatives have their pluses and minuses, but with the right rules protecting all participants, it's almost always the more efficient way to manage social organization and personal finances. Instead of 5-20% of every dollar going to profits for shareholders, keep the money and distribute it among participants (often as savings). Traditional shareholders contribute nothing to the process. They'll argue that they "took the risk," but what is risk to a billionaire? Some lost money. What is risk to a homeowner? Poverty and homelessness. On a dollar-for-dollar basis, these are not equivalent... Go Kristina!

[@mindfullymellow2323]

$1800 to live in a shoebox is madness. If it’s an option, move to a less in demand metro. I know someone who’s paying $1240 a month for a 760 sf one bedroom in greater Columbus, Ohio. And it’s a nice, safe complex with clean units and stellar property mgmt. Otherwise, if you must live in a pricey metro, while not ideal, have a roommate or two.

[@jaylenjenkins1696]

Keep the club music going love🎉

[@Joce123]

St. Paul Mn has rent control

[@KristinaSmallhorn]

@@Joce123 yeah, bigger cities typically do.

[@Bobbyrealtalk369]

no crash

[@tcevatt50]

Where?

[@805paulwatson]

People say building cost red tape all this stuff is the reason homes are so much but it is the land that dictates the cost right? Same home in Tulsa Oklahoma is 250k and here in Camarillo ca it is 1mil same home. 4 times higher same home so not cost of building cost of the land !!

[@seanm3226]

Cost of land, cost of materials, cost of labor. I’d love to see the NEW house build in Tulsa that costs $250K.

[@805paulwatson]

@ all day long in that area and same house here is a million. Crazy difference

[@JR_SupportOurHeroes]

Have you all seen me Onx Builder in South Florida. They are building prefabricated cement homes which look really cool and are reasonably priced since they are built mostly in a factory.

[@seanm3226]

Cement houses built in a factory?

[@JR_SupportOurHeroes]

@@seanm3226 Onx Builder

[@jayjones7891]

Goodness, Kristina is so gorgeous.

[@nolaheart]

Looking like Lisa Loeb today ❤

[@KristinaSmallhorn]

@@nolaheartthat’s a compliment! I love her.

[@nolaheart]

@@KristinaSmallhorn yes it is, me too!

[@JL-dd3gp]

Don't change your song.

[@seanm3226]

No spec home builder will build (w/o govt assistance) a 2BR/1 Bath house. Ever. So why, Kristina, do you keep repeating this tripe. It’s as if you have no clue to how the construction industry works. But, I still love the show.