Official Air Jordan 1 Retro High Thread Vol: Best Model/Thread

staffsgtdignam · 2024-05-06T19:41:31-0400

turbo95eg6 said:
Just keeps getting worse and worse smh

It’s pretty sad we’re at the point where Nike/JB are butchering iconic OG cws like the BTs and then releasing tons of retro+ cws of the OG AJ 1 High model that few people are asking for.

I get that we have 85s now but those are so few and far in between for the Highs. Also the increased retail price across the board is absurd-I remember buying Barron 1s at retail for $140 a decade ago and now new pairs of 85s are $200 with the OG Highs starting at $180.. That’s insane tbh.

highboltage · 2024-05-06T19:51:35-0400

Pretty happy with these in person

sneakaprince · 2024-05-06T20:17:35-0400

highboltage said:
Pretty happy with these in person

Swing and a miss imo. Glad u like them for you but something looks off.

frenchbreadbuilds · 2024-05-06T20:25:47-0400

staffsgtdignam said:
As was mentioned earlier ITT, gotta move to a more affordable state if you want a nice house on the low.

I live in DC where housing is a major issue but anyone wanting a decent house in a decent location anywhere near the city you better be making $200k+ annually individually and $400-$500k minimum as a family. It can be done, you just have to have a successful career (financially) to do so and, similarly, be ready to pay above market.

That’s an option for some. but that in and of itself leads to property values (and taxes) rising in the cheaper places they flock too if moving is an option at all. It doesn’t fix the crappy zoning laws that keep more homes from being built and it doesn’t fix high interest rates which incentivize people not to buy or sell

And the larger picture is the average earner and the average cost of a house in practically any given area is no longer in sync. My “starter home” is worth more than double what it was when we purchased it. If my wife and I were making what we made back when we bought our house today, we wouldn’t be able to afford our house at the current value and interest rates.

My advise to everyone is just find something you can stomach the price of if you don’t foresee your income growing considerable over the next 10-15 years.

Davey Magoo · 2024-05-06T20:54:20-0400

My plan for retirement.

…I’ll be on a fixed income.

staffsgtdignam · 2024-05-06T21:17:26-0400

frenchbreadbuilds said:
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That’s an option for some. but that in and of itself leads to property values (and taxes) rising in the cheaper places they flock too if moving is an option at all. It doesn’t fix the crappy zoning laws that keep more homes from being built and it doesn’t fix high interest rates which incentivize people not to buy or sell

And the larger picture is the average earner and the average cost of a house in practically any given area is no longer in sync. My “starter home” is worth more than double what it was when we purchased it. If my wife and I were making what we made back when we bought our house today, we wouldn’t be able to afford our house at the current value and interest rates.

My advise to everyone is just find something you can stomach the price of if you don’t foresee your income growing considerable over the next 10-15 years.

Yeah honestly with so many remote work jobs in many fields nowadays, moving has been a lot more feasible now than even 5 years ago. I know that gets more complicated with kids (since they obviously have school, etc.) but I think we’re at a great point in the labor market where a lot of work has move to remote.

Hell, 5 years ago Amazon moved to Arlington, VA (right across the river from DC) and had plans to develop the area for their HQ2 here-all of those plans have been SIGNIFICANTLY reduced (in terms of physical footprint) due to remote employees and this is Amazon of all companies who have pivoted to more remote work.

frenchbreadbuilds · 2024-05-06T22:51:27-0400

staffsgtdignam said:
Yeah honestly with so many remote work jobs in many fields nowadays, moving has been a lot more feasible now than even 5 years ago. I know that gets more complicated with kids (since they obviously have school, etc.) but I think we’re at a great point in the labor market where a lot of work has move to remote.

Hell, 5 years ago Amazon moved to Arlington, VA (right across the river from DC) and had plans to develop the area for their HQ2 here-all of those plans have been SIGNIFICANTLY reduced (in terms of physical footprint) due to remote employees and this is Amazon of all companies who have pivoted to more remote work.

Ive got a friend that works for AWS right now and did exactly that. lives close enough to grab bunch in DV on the weekends. But him and his wife have advanced degrees and senior level experience. They’d be competitive in anyway market for the most part. Millennials on the higher end of the income scale are some of the few demographics advancing in this economy. But just like boomers not enough of us to move the markets in a meaningful way.

The barometer will be when the average American can buy the average house. And right now the average American wouldn’t have the down payment or get approved for the mortgage on the average home which is wild if you think about it

Quiggles706 · 2024-05-06T23:04:59-0400

frenchbreadbuilds said:
Even then, Boomers have a TON of ground to make up. Some ground has been made up in the past year, but we’re in way negative for inventory numbers for most states compared to pre COVID 5 years ago. My wife and I live in NJ and we’re currently looking to upgrade to a bigger house but every house we look at sells after one open house over asking, STILL. NJ as a whole has 70% less inventory than it did 5 years ago. It’s similar story for most of the North East. Boomers are going to be enough to turn things around alone.

https://www.fastcompany.com/91118451/housing-market-inventory-shifting-heres-what-data-shows

that this is the real estate market thread

I have gained $200,000 in equity since Covid. If this bubble burst, I hope it settle exactly where it is.

Davey Magoo · 2024-05-06T23:34:07-0400

Coming in 2025:

The Jordan 1: 6.75% Mortgage Rate.

…hearing rumors about cracked leather.

staffsgtdignam · 2024-05-06T23:34:23-0400

Quiggles706 said:
I have gained $200,000 in equity since Covid. If this bubble burst, I hope it settle exactly where it is.

Problem is, if you sell, you still have to buy in a sellers market. You could take a short term hit on the high interest rates knowing you’ll refinance in a few years since there isn’t really a way around that (unless you somehow got enough money for a cash offer).

moe200069 · 2024-05-07T00:17:31-0400

staffsgtdignam said:
Problem is, if you sell, you still have to buy in a sellers market. You could take a short term hit on the high interest rates knowing you’ll refinance in a few years since there isn’t really a way around that (unless you somehow got enough money for a cash offer).

not to mention, purchasing a higher priced home could mean a noticeable jump in how much you're paying in property tax. my home's jumped like 3x times in value since purchasing in 2012 but because of laws in CA, i'll pay prop taxes based on the purchase price not the current assessed market value. so even if i wanted to sell and rebuy in this market, i'm not getting significantly more in terms of home size or a sense of safety. only difference is i'd be paying $8-10k more in taxes

downyboy · 2024-05-07T00:23:33-0400

thought i had clicked on a housing thread

ozboi · 2024-05-07T01:06:13-0400

staffsgtdignam said:
Problem is, if you sell, you still have to buy in a sellers market. You could take a short term hit on the high interest rates knowing you’ll refinance in a few years since there isn’t really a way around that (unless you somehow got enough money for a cash offer).

This is what I was saying to K Kierris on post #237,767 (page before this one).

frenchbreadbuilds · 2024-05-07T07:38:06-0400

staffsgtdignam said:
Problem is, if you sell, you still have to buy in a sellers market. You could take a short term hit on the high interest rates knowing you’ll refinance in a few years since there isn’t really a way around that (unless you somehow got enough money for a cash offer).

The only silver lining is being able to take that equity with you to the next house as a down payment. Thats a huge leg up on people just getting into the market that don’t have a bunch of money to throw around. Built in equity is never a bad thing and offers some protection against a down turn in the market if that ever does happen. You’re still paying based on todays rates which looks like a fever dream compared to a couple years ago but this where we are.

My wife and I have already swallowed the pill that we’re going to have to pay like $6k a month for our permanent home and that’s not what’s keeping up us from buying. It’s the fact that even in that price range every house we’ve done across is a project and requires a lot of work to get it modern, not even upgrade. Thats an even harder pill to swallow.

Even with all that said, folks who buy today will generally still win in the long run, the price of entry is just so much more than it was. When we bought our house it was a still something you could make a casual “we’re at this stage in life now, it’s time” kind of decision. Now if you aren’t taking steps in your early 20s with home ownership in mind you might actually never own a home.

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Official Air Jordan 1 Retro High Thread Vol: Best Model/Thread

Best colorway?

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