Homes in Dallas/Fort Worth are selling for $300k over the asking price

[Chrishaune]

There are 3 houses on my block that I legit know are empty and have foreign owners. They don't rent them out and nobody lives in them. They have people come check on them sporadically and have gardeners etc but no one lives there. These aren't cheap houses either. They raised the average sale price around me from 350-400k up to 600k.

The Chinese are trying to devalue the dollar and it's working. It's not the prices of stuff is going up. It's the dollar losing value. They want to own the U.S. when the economy collapses. Looks like they are going to succeed.

 

[TallMan_J]

The Chinese are trying to devalue the dollar and it's working. It's not the prices of stuff is going up. It's the dollar losing value. They want to own the U.S. when the economy collapses. Looks like they are going to succeed.

On the real, only U.S. citizens (or permanent residents at the least) should be able to purchase property on American Soil.

 

[Ethnic Vagina Finder]

The Chinese are trying to devalue the dollar and it's working. It's not the prices of stuff is going up. It's the dollar losing value. They want to own the U.S. when the economy collapses. Looks like they are going to succeed.

Nah, that’s not it. Foreign buyers treat American real estate like Swiss bank accounts.

 

[seraphx]

Nah, that’s not it. Foreign buyers treat American real estate like Swiss bank accounts.

This is it. Canada is literally funding retirements and pensions using US real estate as investments.

 

[BlackBall]

Honestly I feel like the government is gonna have to step in at some point. We legit have foreign countries buying out entire housing markets and paying cash to do it. Jacking up the prices everywhere.

 

[Steel]

They did? Prices have never been higher.

20% tax for foreign buyers meant to dissuade them idk if its working

 

[Chrishaune]

Nah, that’s not it. Foreign buyers treat American real estate like Swiss bank accounts.

I'm talking about the Chinese government. Not individuals. The Chinese government is actively doing things to devalue the dollar.

 

[Mike Nasty]

Underrated movie.

 

[C-NICE]

at this point im not buying a house for a while that 30 yr anchor with the uncertainty in the job market add in climate change im good for now in LA people paying 10% over asking in cash like naw thats def foreign money inflating the housing market. I grew up in a house but it was a community nowadays these homes barely have owners and or neighbors just dont rock with each other like they used to.

 

[JuliusYoung753]

American government is retard.

unless you are LGBT or a non-citizen, It no longer serves a purpose,

 

[seraphx]

at this point im not buying a house for a while that 30 yr anchor with the uncertainty in the job market add in climate change im good for now in LA people paying 10% over asking in cash like naw thats def foreign money inflating the housing market. I grew up in a house but it was a community nowadays these homes barely have owners and or neighbors just dont rock with each other like they used to.

I'm in the same boat. I have a stable job etc and am ready to buy somewhat but, at the same time I like the flexibility of knowing I can leave whenever.

 

[Bubba T]

Not just Dallas that is hot now. My realtor texted me today wondering if I wanted to put my house on the market. Housing around here has skyrocketed over the last 5 years. It’s crazy

 

[alpo]

American government is retard.

unless you are White LGBT ,white non-citizen,and white citizen It no longer serves a purpose,

Fixed

 

[C-NICE]

I'm in the same boat. I have a stable job etc and am ready to buy somewhat but, at the same time I like the flexibility of knowing I can leave whenever.

I'm not my parents and more and more each day i see that what was the wave in the 80s and 90s isnt the same it is today. Owning a home used to be an investment/status but now more people are leaving the burbs and moving closer to work and or moving away because they can work from home. Question i got for most people buying a home is do you see yourself working where you are for the next 20 years.

 

[Payday23]

Question. If you pay over the asking price does that mean your monthly mortgage goes up too