Normal people will never own a home

Mook

We should all strive to be like Mr. Rogers.
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Raleigh
Its not really rich individuals, its banks and big companies buying them over the asking price and selling them much higher.

Then feds giving them 100 billion a month. They got no investments for it so they're parking it in houses. There's no guaranteed money in capitalism, it's gonna crash and correct hard.
 

Geek Nasty

Brain Knowledgeably Whizzy
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South Kakalaka
I still suspect there's artificial manipulation of the market going on. I've been in the market for a couple years to upgrade and I see weird stuff going on with my searches like houses that "sold" reappearing or staying pending for a really long time.

The other side is property tax rates are insane around here. Getting so bad that they're writing laws to prevent how much they can be raised in a single year.
 
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