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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    ⓘ Dogs don't have thumbs‏ @MorlockP Jan 15

    ⓘ Dogs don't have thumbs Retweeted Dr. Dad, PhD  🔄 🔼 ◀️ 🔽 ▶️

    I suspect that this is some regional thing, like OP grew up in a place that really gentrified the house I grew up in (c. 1976) has a zillow price of $450k, which is quite affordable for anyone in a top 1% household incomehttps://twitter.com/GarrettPetersen/status/1482384651951882240 …

    ⓘ Dogs don't have thumbs added,

    Dr. Dad, PhD  🔄 🔼 ◀️ 🔽 ▶️ @GarrettPetersen
    My household is in the top 1% of income earners and we couldn't possibly afford the middle-class house I grew up in.
    Show this thread
    8:12 AM - 15 Jan 2022
    • 29 Likes
    • Richie (retvrned to Seattle) Planetary Defense zywiec fedaykin reepicheep Some Other Nick Aidan Finley island owl 🌴 Tom_Dakota Limes
    12 replies 0 retweets 29 likes
      1. MS‏ @MSRNWCO Jan 15
        Replying to @MorlockP

        SoCal (hour up the 101 from LA). $20K in 1968, current Zillow value is $900K. Still affordable for top 1%. Definitely not worth $900K, however.

        0 replies 0 retweets 0 likes
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      2. J.A. Sutherland SciFi Books‏ @JASutherlandBks Jan 15
        Replying to @MorlockP

        Very regional: 1st: $315k 2nd: $325k 3rd (1st I bought): $297k ($86k '94) 4th: $394k ($179k '01) 5th: $449k ($297k '18)

        1 reply 0 retweets 1 like
      3. J. M. Anjewierden‏ @Mr_Boffin Jan 15
        Replying to @JASutherlandBks @MorlockP

        It is astounding how quick things can change with development. My in-laws bought a ranch in the 90s in what was the boonies for 500k, sold it for housing in 08 (just in time for the crash, yay) and now a single house of the 500 goes for 550k. Boonies no more…

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Josh‏ @KappaCheatma Jan 15
        Replying to @MorlockP

        House I grew up in is 4x what parents bought it for in 1991. I suspect this is right around average. You would need to make a little under 40% more, both measured in 2022 dollars, than they made when they bought it. It's a sizable jump

        0 replies 0 retweets 1 like
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      1. Edw.‏ @edwardcossette Jan 15
        Replying to @MorlockP

        My childhood house in Rochester (NH), a raised ranch built in 1974, sold for 200k as is, after my mom passed in 2019. A young plumber, 20 yo, bought it with cash as his first home. He was ecstatic.

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      1. Fungusaur‏ @Fungusaur Jan 15
        Replying to @MorlockP

        Midwest suburb: 1250 sq. ft., $266k Medium-sized Midwest town: 1700 sq. ft., $306k Bay Area suburb: 2300 sq. ft., $1.7 million Definitely regional. Amusingly, a relative who went into a skilled trade after high school bought in the first neighborhood in his 20s.

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      2. Morgon Newquist  🇻🇦‏ @MorgonAuthor Jan 15
        Replying to @MorlockP

        Interesting to think about. We could easily buy the house I grew up in. We could not afford the one Russell did.

        2 replies 0 retweets 3 likes
      3. Morgon Newquist  🇻🇦‏ @MorgonAuthor Jan 15
        Replying to @MorgonAuthor @MorlockP

        And yet we grew up with fathers with roughly analogous upper middle class incomes and our parents paid roughly the same for their houses.

        1 reply 0 retweets 2 likes
      4. Show replies
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      2. David Hines‏ @hradzka Jan 15
        Replying to @MorlockP

        OP might live in SoCal; when we moved out here less than a decade ago the very modest rental house we first landed in had just been bought by the landlady for like $475K, which shocked us current Zillow estimate for that property: $830K

        1 reply 0 retweets 8 likes
      3. ⓘ Dogs don't have thumbs‏ @MorlockP Jan 15
        Replying to @hradzka

        micro-regions matter a TON I have two data points: when the crash of 2008 hit, my town in MA was listed in Forbes or something as the #1 town for price APPRECIATION. R.E. was up ~ 20% in town that year. ...but 50 miles away what is now my farm FELL in value by 50%

        1 reply 0 retweets 3 likes
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