Episode Transcript
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Speaker 1 (00:01):
Get your hands.
Speaker 2 (00:02):
Together, and we're gonna start to party.
Speaker 3 (00:04):
Start.
Speaker 2 (00:05):
I'm ready to party.
Speaker 1 (00:06):
See Elvis Jarana After Party.
Speaker 2 (00:14):
It's the after Party Podcast. Hello everybody. Hello, Let's just
take some phone calls. The phones are ringing. Let's see
if anyone's there.
Speaker 4 (00:23):
Okay, okay, let's see Yep, you're good.
Speaker 2 (00:27):
Hello, Laura, you're there. Oh my god, it worked, Laura.
How are you? I'm good?
Speaker 3 (00:34):
How what you're doing?
Speaker 2 (00:35):
Just taking calls at random? Just you know, we're just
we're just throwing the dart at the wall. See if
it sticks. So I read your text, Laura. It says
I have to vent. Why can't a couple making over
two hundred grand a year with no kids, why can't
we not afford a house? It's insane? Is this your vent?
Speaker 3 (00:56):
It is my event. It's such a hard time, it's
over insane. How you just work so hard for your
money and it goes nowhere?
Speaker 2 (01:05):
It feels very true. So have you thought about renting?
Speaker 5 (01:11):
Oh?
Speaker 3 (01:11):
We rent currently now. We live north of Boston, which
is a very expensive area, and it seems like you
pay more for rent than what a mortgage would be
half the time.
Speaker 2 (01:21):
But you know what the thing about renting is okay,
I get it, But you want to own that American
dream yep, Like our friends at rocket dot com talk
about a partner of ours. Yes, you want that American dream,
you know, and I get it any thoughts in the.
Speaker 6 (01:34):
Room I'm with you, I think the same thing all
the time. I know, what I pay in rent is insane.
But then when I look at the cost of a home,
I think, can I put the down payment on something
like that? Am I even able to swing it? It's wild?
And then you think our parents did it on like
one income and it was no problem.
Speaker 2 (01:49):
Did you know my parents?
Speaker 5 (01:50):
No problem?
Speaker 2 (01:51):
My parents who have passed away, by the way, my
dad was in his nineties. Keep in mind they bought
their first house years ago, way before I was born.
Their mortgage I think forty five dollars a month.
Speaker 5 (02:01):
Good.
Speaker 3 (02:02):
Good.
Speaker 2 (02:03):
It was a huge house for like thirteen thousand dollars.
Of course they didn't make money back then. But now
everything is so affordable. You just want that house.
Speaker 1 (02:11):
And my husband's a realtor and he cannot keep things
on the market, like everything is going for over asking
price and there's bidding wars for everything. So even the
price that you see listed. You're not gonna get it
for it's going to always be more.
Speaker 2 (02:23):
It's crazy, right, inventory is low, people aren't selling their houses.
It's fast before they are getting whatever they want.
Speaker 6 (02:29):
Yes, when you look at So I just googled what
is the average cost of a four bedroom house in
the USA and the year two thousand? Right, it was
one hundred and nineteen thousand dollars for a four bedroom
house on average in the eighties, they said it was
forty seven thousand dollars.
Speaker 2 (02:45):
So two, what was the price for two thousand?
Speaker 6 (02:49):
You said, in the year two thousand it was one
hundred nineteen thousand dollars.
Speaker 2 (02:52):
So what's now twenty five years later.
Speaker 6 (02:54):
Let's look it up. Let's see average. Yeah, in the year.
Speaker 3 (02:56):
Twenty twe a street bedroom house we were looking at
was seven and seventy five dollars.
Speaker 6 (03:01):
Wow, now it's a bargain, they said. Depending on where
you are, it goes up to about five hundred thousand dollars.
Speaker 2 (03:08):
Yeah.
Speaker 4 (03:08):
Well, and it's not even the price of the house, right,
which is outrageous to begin with.
Speaker 2 (03:13):
Then you do the math on that mortgage.
Speaker 1 (03:15):
Rate yep, and the payment and taxes.
Speaker 2 (03:18):
But you want to you want to own that American dream.
Have you or your husband ever purchased a house before
or taken out a mortgage before?
Speaker 3 (03:27):
No? Never, This is our first time doing everything.
Speaker 2 (03:29):
Well. The good news is first time mortgages you can
sometimes get a great, great rate if you've never had
a mortgage before. Look into that. And again, I just
brought it up, not because they told us to tell
you this, but I know our friends at rocket dot
com they have incredible resources to find a way to
get you out of your rental and into a purchase.
So just check them out, just for just for grins
(03:51):
and giggles. Maybe there's an answer there. I have an idea.
What if you bet on a future neighborhood, you know,
like because you could usually get a place for cheaper
on a neighborhood or an area that's on the come up.
That that's basically yeah, you know what you do? Follow
the lesbians, is that right? They go first? Oh oh yeah,
(04:12):
they gentrify these neighborhoods faster than anyone. The lesbians, that's
very part. They all flags started going up and then
guess what ten years later, boom, yeah that's the city.
Look for the rainbow flag.
Speaker 3 (04:23):
Laura I'll follow it, no problem.
Speaker 2 (04:26):
Well, look, best of luck. You are not alone. I'm
sure there are help groups online, but as there are resources.
But you know, the bottom line is the demand of houses.
Like Danielle was saying, you know, if you're looking at
me in a marketplace where houses have twenty thirty, forty
people bidding on them at the same time, then you
(04:46):
get into these price wars and it doesn't help anyone
except for the seller.
Speaker 4 (04:51):
But yeah, another thought, I have one final suggestion, Laura.
Ready repeat after me, Elvis, Elvis, please buy me a house.
Speaker 3 (05:05):
Thank you so much.
Speaker 2 (05:05):
You're not alone. I know, I know that doesn't help,
but there's got to be a way. But you may
need to look at a different neighborhood, so that's something
to consider. Okay.
Speaker 3 (05:13):
Oh yeah, we're gonna be looking everywhere.
Speaker 2 (05:14):
Thank you so much, all of the lesbians. Okay, look
for those U hauls. Thank you, Laura. He's taking calls
at random, talking to Howard. Hey, Howard, how are you hello,
lady lady. So Howard is going to roll up from
Pennsylvania to New York City with an exchange student you
(05:35):
have from Spain. You're coming in for the weekend. Yep,
he's asking what should they do. Oh geez, I'll give
you a suggestion. One. If they're in from Spain, don't
take them to a Spanish restaurant.
Speaker 1 (05:47):
No, no, no, no, right.
Speaker 2 (05:49):
Because the food here is not the same they've never
been here before. Nope.
Speaker 1 (05:54):
Oh, then they're going to want to do touristy stuff.
The No, it is a great place to take him
to Rise New York because it really is a very
good like experience, just to show you what New York
used to look like and how it looks now and
a little bit of the history and the culture and
Broadway and music and fashion and stuff like that. I
(06:15):
think that's a good idea.
Speaker 2 (06:16):
Is good. And it's in Times Square, yes.
Speaker 1 (06:18):
Oh, and there's a light at the end of it,
which is a lot of fun too.
Speaker 5 (06:21):
Right, Yep, we do have our bucket list, but we
know that you guys have a lot of good suggestions.
Now we're staying on like twenty five East, just like that.
Speaker 2 (06:35):
Okay, again, what's the street you're on?
Speaker 5 (06:37):
Twenty fifth?
Speaker 2 (06:39):
Oh? Okay, you're you're down a little bit. Yeah, this
kind of a great neighborhood down there.
Speaker 5 (06:43):
Yeah, yeah, Flat one, Like we're close to a lot
of stuff.
Speaker 2 (06:47):
Yep, and that's good. You know, a lot of tourists
want to see New York through Times Squares lens and
Times Square is an energetic place to roll through, but
it's not the best place to put your head down. No,
take a walk on the high line, walking on the highlights.
Big Yeah.
Speaker 6 (07:04):
I actually think like the really touristy stuff is kind
of fun. I mean, see a Broadway show. Try to
get to the top of the Empire State Building. If
you can't do that, the edge at Hudson Yards has
a beautiful view. You could ride the subway just for giggles,
or do one of those hop on hop on actually
will take you all over.
Speaker 5 (07:23):
Yeah, we're actually on the we're on the way to
Lancaster to catch the train and we're going to get
there about one o'clock at Penn Station. And then they're
going to a Broadway show tonight to see Lion King.
Speaker 3 (07:37):
Perfect.
Speaker 5 (07:37):
So then we're off to the races after that.
Speaker 2 (07:40):
Yo, if you can get in, you know, you gotta
do dinner at car Mine if you can get in,
if you can get a reservation there, But how much fun.
But by the way, how's your Spanish or do you
communicate very well with this exchange show?
Speaker 5 (07:54):
Actually no, I know no Spanish other than some few
butchered words that may Kurt laugh uncontrollably. Sometimes.
Speaker 2 (08:02):
Does she speak English?
Speaker 5 (08:04):
Oh yeah, very well.
Speaker 2 (08:05):
Oh okay, okay, you're fine, You're fine. You know, the
Empire State Building touristy thing, I think is a great idea,
you know, and then tickets to that. Do you come
to New York City a lot yourself?
Speaker 5 (08:16):
We've been there a few times. It's been a while
because of some you know, the city thing, but now
I think it's getting a little bit better from what
we hear.
Speaker 1 (08:24):
So we're heading up your what weather wise, Statue of
Liberty is nice on a beautiful weather day, so you
have beautiful weather. I would do that, you know.
Speaker 2 (08:32):
I've lived here for ems. I've never been to the take.
Speaker 1 (08:35):
The boat out there?
Speaker 6 (08:36):
What is it is?
Speaker 5 (08:36):
The boat? Right?
Speaker 1 (08:38):
The boat out there?
Speaker 2 (08:38):
The very whatever sporting events going on in town, you know,
go to ticketmaster or whatever and just get into a game,
you know, Yeah, just go see some stuff. There's lots
to do here, and the funny there's more stuff to
do here than anywhere else. And we really don't have
any answers. We have some good answers.
Speaker 6 (08:53):
Keep going. I mean, we're a trade center, the Oculus.
You can see so many different museums around.
Speaker 4 (08:59):
So excited to see my first rat on the subway.
That was such a cool thing for me.
Speaker 2 (09:03):
Shut up.
Speaker 4 (09:04):
Everybody always says, hey, there's a lot of rats on
the subway, and you're kind of skeptical, and then when
you finally see it.
Speaker 2 (09:10):
You're like, wow, you're weird. What how many was a
child and you've got to go to Catches dally and
have a pastrami on Rye. I mean, it's a right and.
Speaker 1 (09:19):
Canal Street to buy knock off, Oh.
Speaker 2 (09:21):
My god, hit a bar and get into a fight
with him because he's usually doing that.
Speaker 5 (09:26):
You know.
Speaker 2 (09:27):
Another great thing about New York City is the walking.
You can just walk everywhere, and before you know it,
you have walked with forty thousand steps and you're done.
Speaker 1 (09:35):
Chinatown for dinner or Little Italy for dinner and cannoli.
Don't forget that.
Speaker 2 (09:40):
You've got lots of I want to do. I'm gonna
hang out with you guys. We want to emerge into
your party. Howard, have a great time in New York City.
Please leave it the way you found it. Oh well, well,
thanks for depending on us for all this information. Have fun,
break a leg, all right, don't break a leg. Okay,
take care.
Speaker 1 (09:55):
Howard Elvis ran after party and