FatherOfTheVoid

FatherOfTheVoid t1_jee9rpk wrote

Reply to Buying a home! by lynsss

A lot of people seem to be downplaying crime but I can think of at least three murders off the top of my head. Schools aren't doing too hot, with funding + drug epidemic.

North end feels a little safer, but they're still a number of car thefts and break-ins. Lot of people getting their catalytic converters cut out of their car while it sat in the drive way.

You could avoid Manchester, but the drug problem is still there, and prices go way up. WMUR ran an article a month back, regarding NHs tight housing supply; there's less than 1000 houses for sale, for the entire state of NH. Outside of Manchester your looking at higher prices and even higher Taxes.

IDK, try Maine or VT.

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FatherOfTheVoid t1_j9d4kr7 wrote

>US consumer debt it ratcheting up very quickly

Maybe this will push prices down over time. I suspect its impact will be limited due to landlords, especially corporate ones. I don't think they have many incentives to sell their property.

I'm taking out of my ass a bit, because I don't know how much of the US, or NH housing marking its controlled by mom-and-pop landlords, or corporate landlords.

My biggest hope is that high prices incentivize builders to produce more housing, assuming NIMBYs can get out of the way.

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FatherOfTheVoid t1_j7p2hql wrote

Well if they can own the land the building is on, instead of owning the building and renting the land, that alone would make a big difference.

Edit skipped MSN and went straight to WMUR, they're basically apartments.

> The homes are built to be affordable and will stay affordable for the Dover workforce community, the Randolphs said. They said they agreed to, at a minimum, meet the Housing and Urban Development fair market rental rate, so they expect rent to range between $1,000 and $1,232 pe month.

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