Normal people will never own a home

Mook

We should all strive to be like Mr. Rogers.
Supporter
Joined
Apr 30, 2012
Messages
22,963
Reputation
2,508
Daps
58,703
Reppin
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
Supporter
Joined
Jan 30, 2015
Messages
31,833
Reputation
5,594
Daps
120,503
Reppin
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.
 
Top