Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

OC375

(370 posts)
36. Lennar
Tue Nov 11, 2025, 04:54 PM
Nov 11

We almost bought a Lennar house in 2022. I seriously doubt that home will be standing in 40 years, let alone 50. Every aspect of it, save a very few skilled trades who did a few things, were done completely wrong - first semester shop class wrong. And that's a $500,000 new home in a major metro blue state.

We need more quality homes built that 5 and bottom 6 figure incomes can reasonably compete to buy. Period. We don't need more options to allow people stretched thin to stretch thinner to compete for the few that are available, driving the cost up and volume down further.

I suspect there will eventually be a government somethingorother to incentivize building these. I expect them to be the same crap we passed on in 2022 in the frevor to show results.

Recommendations

0 members have recommended this reply (displayed in chronological order):

It only takes them seconds to find someone to blame leftstreet Nov 11 #1
This message was self-deleted by its author PeaceWave Nov 11 #2
Why not a 75 year mortgage while we're at it durablend Nov 11 #4
This message was self-deleted by its author PeaceWave Nov 11 #12
Yep. Generational Debt is what it is. Brenda Nov 11 #20
This message was self-deleted by its author PeaceWave Nov 11 #22
Case proven. nt Brenda Nov 11 #23
This message was self-deleted by its author PeaceWave Nov 11 #24
yes DBoon Nov 11 #37
In any case, IQ47 would not deserve to be lauded as FDR-like for allowing that to happen AZJonnie Nov 11 #10
This message was self-deleted by its author PeaceWave Nov 11 #13
As were lower interest rates, extended loan terms, trial periods and principal reductions. Torchlight Nov 11 #25
That plan also reduced rates to as low as 2% and included principal forbearance. nt pnwmom Nov 11 #29
Technically, I believe lenders can offer 50 year mortgages, but they would be "non-qualified mortgages". Jim__ Nov 11 #15
This message was self-deleted by its author PeaceWave Nov 11 #18
The longer the mortgage, the closer it is to renting whopis01 Nov 11 #35
Not an argument against offering such mortgages, but some caveats. Ilikepurple Nov 11 #38
FDR didn't start the 30 year mortgage. Congress authorized it in 1948 for new construction, rsdsharp Nov 11 #3
Lenders would get smoked on 50 year mortgages bucolic_frolic Nov 11 #5
I'm seeing a lot of shoddy construction in Florida, a lot of the crap being built today won't last 50 years. sop Nov 11 #26
Someone posted on DU in the spring bucolic_frolic Nov 11 #28
Scam Thanksgiving dinner promos and now the 50 year mortgage. Baitball Blogger Nov 11 #6
This narrative is openly saying that Donnie is stupid & easily manipulated. He is, but it's amusing to see them admit it themaguffin Nov 11 #7
Pulte....Pulte...Pulte...now where have I heard that name before? hamsterjill Nov 11 #8
The current examples online: Paladin Nov 11 #9
Interesting Math There ProfessorGAC Nov 11 #14
No further detail. (nt) Paladin Nov 11 #16
Heard about the same on CNN. Totally Tunsie Nov 11 #32
Pulte isn't a friend. Isnt he the one who set up the 2 women (can't remember names) Srkdqltr Nov 11 #11
The majority of 30 year mortgages never go that far A HERETIC I AM Nov 11 #17
This message was self-deleted by its author PeaceWave Nov 11 #19
The concept of a fifty-year mortgage isn't a new one, the idea has been around for a long time. SWBTATTReg Nov 11 #21
why aren't Dems running ads with that 50 year mortgage idea? BlueWaveNeverEnd Nov 11 #27
It's always been said that Dozing Donnie always listens to the last person in the room. Totally Tunsie Nov 11 #30
Pulte? the house builder pulte ? That fkg puke ? Fullduplexxx Nov 11 #31
WH admits Trump has no critical skills C_U_L8R Nov 11 #33
I can't Rebl2 Nov 11 #34
Lennar OC375 Nov 11 #36
Latest Discussions»General Discussion»'Sold POTUS a bill of goo...»Reply #36