The rent is too dang high in Cities: Skylines 2, so the devs nuked the landlords
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Having had to refi recently, I could not have bought my house that I bought 15 years ago. It literally more than doubled in price over that time.
Our kids have no chance.
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This “sim game is getting so accurate at modeling real life that it inadvertently allows gamers to discover flaws in real life society” situation is becoming much more common that there are regular posts on many of the major sim subreddits like Victoria 3 essentially hating on landlords, farmers, bourgeoisie, etc.
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But the problem is that many people want a Toyota but all they can find out McLaren's.
My wife and I would like to find a well built 1500 sq foot 2 or 3 bedroom home that's not a condo. Pretty much the only way we can buy a new home like that is to build our own as builders all want to maximize their square footage build 2500+ sq foot luxury homes. Even looking at new condos it's hard to find smaller units outside of high-rise buildings with exorbitant HOA fees.
Even though people are buying those large homes, I'm not sure that's what people are looking for... if you want a new Toyota and all you can find is McLarens, eventually you'll just have to buy that McLaren even if it's more expensive ant not really what you were looking for.
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It's much like how "an ursine mammal depositing feces among the conifers" sounds a lot like a bear shitting in the woods.
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If you show me a $400k house where I live, my two questions are:
1. Is the cardboard double-corrugated?
2. Where is the hidden camera, Mr. Prank Show Host?
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I couldn't afford my neighborhood if I was buying today. Mine's gone up about 2.5x since we bought in 2017 and they're building a bunch of houses across the the side street going for $1M-$2M. It's absolutely crazy.
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What, you think cardboard grows on trees? It’s single-ply toilet paper, and you’ll like it.
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Until the McLaren market is sated, why would a builder bother with less profitable markets?
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I bought old my house in 2013 for $86.4K, sold it in 2022 for $120k, the guy flipped it for about $250k. I basically live in an Indiana bedroom community for Louisville, Kentucky.
The house was a one-story ranch style bungalow built in 1976, with an addition sometime in the 90s and a completely useless one-car garage
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The Sheep Look Up
Ars Praetorian
So play C:S 1 with a Victorian tileset, then a Vicky Russian Revolution scenario, then switch to Workers and Resources.
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US Cities were deliberately bulldozed for the car, that turned them into places to visit, more than live... To change that means doing the same thing, in reverse...
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My city has actively been trying to increase density for YEARS because we're a fast growing city and don't have enough housing, and finally just last year eliminated parking minimums citywide because so much space in new buildings was just to accommodate parking they weren't getting enough actual units.
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Sydney’s median house price as of March 2024: $1,627,625 AUD or about $1,080,000 USD.
Note median, not average.
Note median, not average.
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Except if people are paying the price for expensive accommodation that means there aren't enough houses, and the way you grow the economy is build more houses. But it's almost impossible to do that in much of the country because anything that's cheap to build, and houses a lot of people, hurts the property values of single-family-homeowners and is therefore banned.
Ergo if you live in a city where people really want to move you're screwed. The entire system is designed around people being able to build more houses when rent goes up, and your city throttles that dynamic, and then changes the subject to the moral philosophy of land-lording when challenged. This is most ridiculous when you have people getting outraged at build-to-rent schemes. How the fuck you going to reduce rent if people can;t build houses to rent them out?
That's because it's the problems with building a 1,500 sq ft starter home are similar to building a 2,500 sq ft mcMansion, but the McMansion has higher profit margins. If they were going to do townhomes the actual construction might make the margins pencil out, but that's only after you've spent years doing nothing fighting the local NIMBYs.
Just checked trulia. Highest home price in my current hometown is $299k. $400k+ homes exist in Cleveland proper, but almost all of them are big enough that 1950s Americans would have put two entire families in there, declare that there was still too much space, and demand that all four grandmas move in.
That said, prices are way up over the last couple years even in this area.
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Property values is the excuse but a lot of the most vocal NIMBYs are just misanthropes and absolutely hate the idea of having to live next to other people. Upzoning would majorly increase their property values overnight because an apartment building is a far more valuable use of a piece of property than a single family home, but they don't care because they just fucking hate everyone (including themselves) and don't understand why the city council won't just make it 1970 again.
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I recall that Sim City developers have eliminated realistic parking lots from the game, otherwise people would be shocked about the amount of space they take.
Now in real life I can't stop noticing that grocery stores takes less than half of the available terrain, with the rest being parking. How is that for an efficient economy?
Now in real life I can't stop noticing that grocery stores takes less than half of the available terrain, with the rest being parking. How is that for an efficient economy?
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Because there is a demand? This statement is everything that is wrong with the current economy in a nutshell. There is plenty of demand for lower priced items, but fuck those people, the line must always go up as fast as possible.
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The issue is there isn’t nearly enough building going on, hasn’t been in 15 years. There was a bit too much construction leading up to the Great Recession but that excess got gobbled up by about 2014.
Related: people spend more time living alone, or having small families, rather than in couples with 10 kids and the elders, so we need more housing per capita than previously.
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Fucking boomer age hippies are useless. It took till millennials to legalize weed. The hippies voted against it forever.
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They are 150K starter houses with granite and stainless that are sold for 500k. If they dont get sold they are a tax deduction for the corp. That is mostly paid for by cities, while certain states dont tax those houses or builders at all.
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Chicago is very nice, and with climate change we only get a seattle winter these days. Its the new miami.
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We must be living in parallel universes, if $400k+ for 1500 sqft is considered "expensive", or where 1500 sqft is considered the start of "McMansion" size.
We live in a 1500 sqft unit, in a city of 50k people, 20 min drive from a city of 250k, 2 hour drive from the nearest larger city, in W Europe. Our 140m2/1500sqft "McMansion" (3 br, 2 ba) was ... $1250k.
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https://www.zillow.com/homedetails/604-Queen-St-Fonda-IA-50540/113435093_zpid/
Y'all need to get out of the city.
Y'all need to get out of the city.
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Now if only they fixed the "not enough customers" message showing up in areas that are bright green when you pull up the customers overlay that'd be great
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American housing prices look pretty laughable. $400k for a giant house? How about $500k for a 2br apartment in Central Europe, with income 1/3th of American lol.
The issue of course is always the same. Limited supply raises prices, which encourages people to buy it up more as investment, rinse, repeat.
The issue of course is always the same. Limited supply raises prices, which encourages people to buy it up more as investment, rinse, repeat.
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I have an anecdote in this vein:
Years ago, my great-aunt died and left her condo to my mother and her sister. My mother considered letting me live there since I was still living at home at the time, so I tried looking for jobs in the area around the condo. What I found was that there were a lot of jobs with similar responsibilities to what I was doing at the time, but the average listed pay was about 50% of what I was earning at the time. I looked again a few months ago out of curiosity, and it appears that the same ratio holds true, and now I'd have to pay more than the condo fees.
People don't choose to live in cities purely for the walkability or nearness to amenities, they live there because that's where the jobs are. If my work could be done remotely, I'd have already bought a Starlink and moved to a cabin up north.
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Same with me. On surface the building/zoning part I enjoyed, but I started trying to follow some road guides on youtube step by step and was kinda fun at first to build a coherent road network with arterials, feeders, collectors and all that jazz, but after fighting the controls for hours trying to get that perfect road layout it got very tedious and gave up.
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Basically manufactured homes become the starter homes. This makes sense as start homes should be a prefab which is just easy to put in place. Wait till they do a Ready Player One and make stacks of manufactured homes and RVs...
Development of land for a home is not super cheap.
Don't worry about any of this with AI coming out we will be efficiently moved into shoebox apartments and the renter cabals that were happening before will seem like nothing. We will soon be moved into concentration camps and so forth by our AI overlords so that we can be better managed and stop wasting resources for stupid things like recreation and traveling. Efficiency is all that will matter, thank you AI... We will all gladly accept this from our VR reality. A smart AI won't go the way of the Terminator series it will play the long game by coaxing us to be lazy via WALL-E and we will just phase out of existence.
Development of land for a home is not super cheap.
Don't worry about any of this with AI coming out we will be efficiently moved into shoebox apartments and the renter cabals that were happening before will seem like nothing. We will soon be moved into concentration camps and so forth by our AI overlords so that we can be better managed and stop wasting resources for stupid things like recreation and traveling. Efficiency is all that will matter, thank you AI... We will all gladly accept this from our VR reality. A smart AI won't go the way of the Terminator series it will play the long game by coaxing us to be lazy via WALL-E and we will just phase out of existence.
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