America's Looming Housing Crisis

[Spence]

Seen a couple of Regular homes for rent $1800+ A month,,,,
1700 Square feet


Landscaping will be fukked off, most renters will not take the time with yards , i know i wouldn't,


Seems like everybody has 800+ Credit , A1 jobs and balling these to afford this Expensive shyt

Hopefully this shyt backfire on these fukks trying to force people to rent and jacking up rent prices

Ours is 1600sqft and we are looking at getting about $1800 a month out of it. After taxes and hoa we are looking to clear about $17k per year without lifting a finger.

 

[Mike Ock]

Finally closed on my old apt. last week. We got about 80k more than we paid on it before taxes and agent fees. We still made out with a good amount. Anyway, I just seen a laundromat up for sale 2 blocks away from where I am at now. Might inquire about that.

If not that, I might help my brother with a downpayment on a house in Florida, but hesitant to mix money and family.

 

[Mike Ock]

For a crash to happen there would have to be a drop in buyers. When there’s less buyers, there’s more houses available and they are cheaper. When there’s more buyers then there’s less houses available and the price goes up.

Usually crashes are predicated on events that lessen buying power.

I get it. But I don't see the demand for houses lessening if rent prices continue to skyrocket.

 

[Mook]

They just upped my rent to 1200. SOMEONE PRAY FOR ME. HAAAAALP HALLLP DAMMIT

 

[Bumblebreh]

They just upped my rent to 1200. SOMEONE PRAY FOR ME. HAAAAALP HALLLP DAMMIT

Grab them coca rocks and get busy on the block
Grabbing and bagging and get busy with them crops
Buying and selling and flipping keys like tesla stocks
Breaking down the bricks and selling outta the windows like microsoft
The streets is cold but my iron is mad hawt, my bytch is bad and so is my new glock

 

[jaydolf spitler]

Grab them coca rocks and get busy on the block
Grabbing and bagging and get busy with them crops
Buying and selling and flipping keys like tesla stocks
Breaking down the bricks and selling outta the windows like microsoft
The streets is cold but my iron is mad hawt, my bytch is bad and so is my new glock

 

[Orange cream shake]

my property taxes only went up $20 between this year and last year. meanwhile, my house value has gone up like 100K

Shocking considering y’all got the worst of all time property taxes. I was lookin to buy a home in Illinois and found a nice almost 4K sq foot home. Looked at those taxes and said I’m good.

 

[Spence]

Grab them coca rocks and get busy on the block
Grabbing and bagging and get busy with them crops
Buying and selling and flipping keys like tesla stocks
Breaking down the bricks and selling outta the windows like microsoft
The streets is cold but my iron is mad hawt, my bytch is bad and so is my new glock

Bars

 

[Mook]

my property taxes only went up $20 between this year and last year. meanwhile, my house value has gone up like 100K

You might as well sell it. You know after the crash Chicago is back to being the hell hole it's always been.

 

[CashmereThoughts]

There is no crisis. The fed will not let the housing market crash again.
You seen what they been doing during covid?

Do you live in the hills somewhere behind a gate and don’t come outside?

 

[the bossman]

Ours is 1600sqft and we are looking at getting about $1800 a month out of it. After taxes and hoa we are looking to clear about $17k per year without lifting a finger.

Ehh a lot of assumptions here. Without lifting a finger provided:

-you find a solid reliable tenant who pays their rent on time
-they don't fukk up your house
-they are low maintenance and don't need to call you to come fix/check every little thing

Great stream of potential income but rarely is it ever so easy to where you don't even lift a finger

 

[Mr swag]

Do you live in the hills somewhere behind a gate and don’t come outside?

they just let people stay in their homes for free for 2 years. You think NOW they won’t do anything?

 

[Spence]

Ehh a lot of assumptions here. Without lifting a finger provided:

-you find a solid reliable tenant who pays their rent on time
-they don't fukk up your house
-they are low maintenance and don't need to call you to come fix/check every little thing

Great stream of potential income but rarely is it ever so easy to where you don't even lift a finger

That’s what management companies are for, they take 1 months rent and handle all that shyt. It’s a low maintenance house, we’ve been there 12 years and only had to replace the water heater and a/c because it was the original system to that house built in 04.

 

[lib123]