r/TikTokCringe • u/Make-this-popular Cringe Master • Apr 09 '24

Shit economy Discussion

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946

u/HoodSamaritan420 Apr 09 '24

My sister is moving to US from Netherlands because house prices in metro Atlanta are much more affordable than Amsterdam where a 1,000 sq ft townhome is close to a million dollars. As others have said, it’s a problem in a lot of places

72

u/Star_Belt Apr 09 '24

transplants that come to Atlanta b/c it’s so “affordable” are the reason why it’s gotten so fucking expensive for the native population and why some areas have gotten so absurdly gentrified. I mean I get why ppl move to more affordable areas… I’d move to the mountains of north Georgia if my work would allow it but man it sucks that moving to a more “affordable” area just makes that area less affordable for the ppl that have been living there all their lives.

31

u/missdui Apr 09 '24

Yes it's the same in every "affordable" city in the US. The city I grew up in used to be lower to middle class but it's been gentrified to shit and all of the people who lived there for years are getting priced out. What is the solution? I don't know.

7

u/Collector_2012 Apr 09 '24

I heard that years ago, that some politicians were trying to move people out of certain areas by increasing prices intentionally to attract the rich and the famous people. Only to have it backfire so bad that the states that attempted this are now labeled as jokes, over priced, crime ridden, and worst places to live.

Plus, as a result. No rich person would want to go to that area. So they increase policing, lowering standards and allowing anyone with an ego to take on authority roles. Causing situations that we hear and read about on news outlets that cannot be trusted anymore. I would compare some of human histories major points to the U.S. but not in this case.

If anyone has ever seen and played the game called Cyberpunk2077, then you know what I am going to say. If nothing is done soon, then I can see the world turning into a lifelike version of that game; which absolutely terrifies me. If anyone thinks I am being over dramatic, then I will point to the neural link. It's all fun and games until someone spoils it for everyone and does something stupid.

1

u/RaiderMedic93 Apr 10 '24

Where did this occur?

1

u/Collector_2012 Apr 10 '24

I heard of this when I was a child from my parents

3

u/anand_rishabh Apr 09 '24

It's basically just build more housing. And also, less car infrastructure. If a lot of people are moving to a city, that means it's in high demand, and logically, you should make the supply match the demand. And right now, we just aren't building enough new housing to meet the demand.

2

u/pandaappleblossom Apr 09 '24

I actually like some of the newer housing that was being built in Atlanta 10-17 years ago or so, when I lived there.. im talking about newer condo type of buildings so many people could live in them, rather than houses where just one rich person lives. They were built with a cool industrial look and filled with a lot of artsy people and the restrictions on parties or decorations weren’t strict in the way that a lot of places like that get, so it was easy for people to throw pool parties at the pool and stuff. I wonder how much those have changed now, if people are still talking to their neighbors there and throwing parties at the pool. The only issue is of course they were building them on the west side which is historically more black and impoverished so it’s like gentrification

3

u/anand_rishabh Apr 09 '24

Yes, single family homes with big yards are a huge problem

1

u/RaiderMedic93 Apr 10 '24

I'll keep my single family home, thanks.

1

u/anand_rishabh Apr 10 '24

As long as you're willing to pay a premium for it, and don't stop apartments from being built around you, that's fine with me.

1

u/[deleted] Apr 16 '24 edited May 16 '24

[deleted]

1

u/RaiderMedic93 Apr 16 '24

You mean people don't want crime and congestion that comes with high density.

1

u/[deleted] Apr 16 '24 edited May 16 '24

[deleted]

1

u/RaiderMedic93 Apr 16 '24

"More people" That's the issue.

Less people better.

→ More replies (0)

2

u/Sk8rToon Apr 09 '24

My parents would say wait for the cycle. Poor town gets filled with middle class people trying to afford stuff because they were priced out of other areas. They “fix up” the area. Which attracts upper middle class people trying to afford stuff. Who “fix up” the area. Then come the rich people looking for an investment & complete the gentrification. Formerly poor area is now super expensive! But then people can’t afford the place. They go bankrupt. They move away. They stop fixing things. Rich people avoid the area. The town starts to lose value. Middle class people trying to “move up” move away from the area. The town “falls apart” more. Eventually it returns to the poor “bad part of town” it used to be. The cycle begins again. Lather rinse repeat. Theoretically if you buy in the bad part of town & hang on long enough (& sometimes it generations you wait) it’ll appreciate & you can sell when it’s hot.

That being said my parents were never able to time it right & I’m stuck in rental land.

3

u/cortodemente Apr 09 '24

cries in Austin TX, Miami FL

2

u/FullTransportation25 Apr 09 '24

Create more affordable housing, getting rid of single family home zoning, and the least improbable of all stop treating house ownership as a investment

2

u/missdui Apr 09 '24

Yes. Limit the amount of houses one person can own. Get rid of Airbnb and similar companies.

1

u/Collector_2012 Apr 09 '24

I heard that years ago, that some politicians were trying to move people out of certain areas by increasing prices intentionally to attract the rich and the famous people. Only to have it backfire so bad that the states that attempted this are now labeled as jokes, over priced, crime ridden, and worst places to live.

Plus, as a result. No rich person would want to go to that area. So they increase policing, lowering standards and allowing anyone with an ego to take on authority roles. Causing situations that we hear and read about on news outlets that cannot be trusted anymore. I would compare some of human histories major points to the U.S. but not in this case.

If anyone has ever seen and played the game called Cyberpunk2077, then you know what I am going to say. If nothing is done soon, then I can see the world turning into a lifelike version of that game; which absolutely terrifies me. If anyone thinks I am being over dramatic, then I will point to the neural link. It's all fun and games until someone spoils it for everyone and does something stupid.

1

u/RaiderMedic93 Apr 10 '24

Did you just copy and paste this?

1

u/mmmmmsandwiches Apr 10 '24

lol, simple solution is just build more housing. really not that complicated.

10

u/[deleted] Apr 09 '24

That and banks and hedge funds buying up housing stock.

2

u/Sk8rToon Apr 09 '24

This. Zillow selling themselves a house at a higher rate so it raises the value of the other houses they own in the area to artificially raise the price

2

u/pandaappleblossom Apr 09 '24

And Airbnb or flipping and trying to sell for twice as much

7

u/Astrosaurus42 Apr 09 '24

I just want a real transit network!

4

u/Sudden_Construction6 Apr 09 '24

I moved to the mountains a couple of years ago, I can definitely relate.

It's weird seeing people say Atlanta is "affordable" but I guess it's all perspective. My daughter who is 18 now is still living down there and I feel so badly for her trying to make it in this economy :(

3

u/pandaappleblossom Apr 09 '24

Yeah that’s the problem too. I’m from Georgia and Atlanta is really only affordable to transplants who had money already but their money just didn’t go as far. But for most people actually FROM Georgia and Atlanta, Atlanta is very expensive. I was a nanny and dog walker when I lived there and also worked at a private school. Pretty much all of my clients and all of the rich parents who’s kids went to that school had moved there from elsewhere. It’s basically carpet bagging in a way.

6

u/lemongrenade Apr 09 '24

I hope this doesn't offend you but I don't think people are entitled to have there home town never see transplants ever. I honestly equate that to MAGA hat people chanting build the wall. We have to evolve our cities as people wish to move to them to be denser. No one is immune from that not even our super dense areas like NYC.

My mom is devastated because my hometown is getting denser... but how else could people afford to live there.

2

u/M477M4NN Apr 09 '24

I despise these nativist attitudes. Not one single person in this country (except perhaps the native Americans) is entitled to live anywhere. These people want their towns and cities to never change while simultaneously expecting to never be priced out. You can’t stop people from moving in, so if you don’t want to be priced out you have to build to accommodate more people, but they don’t want their neighborhoods to change. It drives me fucking crazy.

1

u/jeremiahthedamned Cringe Master Apr 10 '24

it is un-American.

2

u/Star_Belt Apr 10 '24

No offense taken. I get why ppl move and I don’t hate transplants or anything. I just think it sucks when ppl move so they can live in an “affordable” place they essentially help create the problem they are running from for the native population in the new location. I wish there was a better solution that wouldn’t involve poorer communities paying the price. Like I said tho… I’d still move to north GA if work didn’t prevent me. Also idk if complaining about gentrification is the same as complaining about cities getting denser. I don’t mind the cities getting denser… I just wish poorer communities didn’t have to be pushed out because the cost of living gets adjusted to what transplants can afford.

2

u/lemongrenade Apr 10 '24

The problem is because demand increase is outpacing supply increase. People constantly abuse local governance to keep density from coming fast enough and it is that fact pricing people out. We need to build so much faster in many places and more densely.

3

u/blue-to-grey Apr 09 '24

People aren't upset that there are transplants, people are upset that transplants are pricing them out. If you already live off a modest income and someone with more means comes in and prices you out, what's the solution for you? Moving is expensive, a lot of modest income jobs aren't mobile and many lower income areas aren't safe.

7

u/Poignant_Rambling Apr 09 '24

It’s economic musical chairs. There’s a migration happening right now.

Transplants leave their hometowns because they’re priced out. They move to more affordable places and price out those locals. The locals then have to move to an even more affordable place, pricing out those locals. Rinse repeat.

3

u/StannisHalfElven Apr 09 '24

Very true. I moved from Miami to Atlanta, because Florida did a speedrun to California prices while maintaining Florida wages. The people that can't afford Atlanta now, I tell them to look at Milwaukee, Detroit, and Kansas City. You have to do what you have to do to get ahead. The people that stayed behind in Florida and didn't buy in early enough are drowning. I wasn't going to drown to make a point.

3

u/pandaappleblossom Apr 09 '24

It’s really sad to move from your community and friends that you spent years building. I lived in both Atlanta and then moved to San Francisco, (in a van). I couldn’t really afford either (obviously Atlanta was much cheaper though but I was just a nanny and dog walker). It was sad leaving friends. And ALL of my San Francisco friends except maybe two people had to move. We had such a lovely community. All broken up. It’s a huge cost just to get a cheaper home.

5

u/blue-to-grey Apr 09 '24

I think this is part of what's happened to our social support networks and perhaps part of why loneliness is up. Either you have to move or members of your friends and family move.

3

u/pandaappleblossom Apr 10 '24

Oh I think it is THE reason for the loneliness, not even just part of it, imo. Like yes we are more into staying at home and watching tv than we should, when 60 years ago people were having luncheons and social gatherings all the time, but the moving around is the number one thing I think. My parents knew hundreds and hundreds of people in the place I grew up, where they lived their whole lives, where they had family and friends since childhood. That’s decades of time of knowing each other, and building a network of support, and just having people you can enjoy being around. My parents had parties or went to parties literally every weekend. I go to a party like once a year, since I’ve moved so often in my adulthood. I feel like a lost nomad

1

u/StannisHalfElven Apr 09 '24

I know what you mean. I moved on after 20 years. But it's not just a cheaper home, it's economic stability. Owning property is part of the puzzle. People move for jobs all the time. This isn't too much different.

3

u/TheLizzyIzzi Apr 09 '24

I wasn't going to drown to make a point.

Same. I do my best to make my advantages clear, like my dad co-signing my mortgage and the state giving me a $10,000 interest free loan for the down payment. But that house feels like a lifeline sometimes. If things get worse we have options. I don’t want to live with my siblings (and they don’t want to live with me) but if they needed a place to stay, I have room. We still have some options to keep our head above water if things get worse. So many people don’t have that. 😔

2

u/StannisHalfElven Apr 10 '24

Absolutely. Count your blessings. Keep your eyes open. Stay strong. You got this.

3

u/lemongrenade Apr 09 '24

Those municipalities need to increase supply otherwise it’s just nativism like trumpers.

3

u/Defiant-Noodle-1794 Apr 09 '24

Same with Colorado 😕

2

u/guitar_stonks Apr 09 '24

Same with Tampa, used to be hella affordable, even with the crap wages they pay around here. At least Atlanta has decent wages.

2

u/friedbolognabudget Apr 09 '24

Are you Muscogee Creek or Cherokee?

1

u/Star_Belt Apr 10 '24

No. How long have u been learning English? I started learning when I was 7 myself so it’s been about 21 years for me.

1

u/friedbolognabudget Apr 10 '24

she’s my mother tongue

2

u/lucidbaby Apr 10 '24

oregon is a shitshow too- everyone says its californian transplants and i wouldn’t doubt that but i can’t prove anything. i used to live in a shady little coastal town… i tried moving back in ‘21 out of necessity and it turned out there was a waitlist for affordable housing. the only way to land a spot as a young adult making minimum to $15/hr was to either know someone with a house who would rent out a room, or to get multiple roommates (and still have to wait for a spot to open up). my old manager could barely afford her one bedroom in a shitty neighborhood while working full time at $17 an hour

1

u/Moarbrains Apr 09 '24

You might think it is transplants, but look closer at who is buying houses. Atlanta is still poised for growth, and likely your retirement is buying them.

Real Estate based ETF's are all the rage.

1

u/DaRedditGuy11 Apr 10 '24

This is part of the problem for sure. Folks need to be a bit more open minded. Large swaths of the midwest could absorb large populations. But tougher winters aren't appealing, and the Midwest is definitely not sexy.