The Housing bubble
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I watched a youtube yesterday of some lady in Austin Tx who's lease renewal came up. They raised her rent from 900 per month to 1400 per month. That shows the fuking greed of people.
No bro, free market
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I watched a youtube yesterday of some lady in Austin Tx who's lease renewal came up. They raised her rent from 900 per month to 1400 per month. That shows the fuking greed of people.
I watched a youtube yesterday of some lady in Austin Tx who's lease renewal came up. They raised her rent from 900 per month to 1400 per month. That shows the fuking greed of people.
I'd like to know when the last time her rent was increased as well as a zillow listing of the property. they are generally pretty accurate on rent values.
Also, did she thank Bidinflatio, eerrr, Putin's inflatio,,, wait!!! Putin is a direct result of Biden so,,,, ?
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those who want to buy a home now, keep getting outbid. Maybe a good time to find a lot out in a rural setting at a decent price....., and save up to hire your own subcontractors. If you can find out which of those actually do excellent work.
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"Housing Bubble Getting Ready to Pop: Mortgage Applications Plunge amid Holy-Moly Mortgage Rates, Croaking Stocks, Ridiculous Home Prices | Wolf Street" https://wolfstreet.com/2022/05/18/this-housing-bubble-is-cooked-mortgage-applications-plunge-amid-holy-moly-mortgage-rates-croaking-stocks-and-ridiculous-home-prices/
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Regardless it seems like a watershed moment for people needing a place to live. It's turned into a giant investment business and a lot of people are making a lot of money and a lot of people are being closed out of the market. Deadbeats will rent because the government picks up the tab. Others will rent because they can't afford to buy a house some will sell the homes they have owned for their whole lives take the cash and read something smaller. If you think home ownership is part of the American dream time to wake up. Does it suck? I think so but people will live in whatever situation they are born into.
WSS
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"Sellers are slashing prices at levels not seen since before the pandemic as market rapidly cools" https://www.dailymail.co.uk/news/article-10862005/Sellers-slashing-prices-levels-not-seen-pandemic-market-rapidly-cools.html
Not sure how the reporting or the conclusions that could be drawn from it is what I've been saying all along but somebody is going to get left holding the bag.
WSS
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Don't know if anybody has concerns beyond hair color sexual impropriety or dementia but for anybody that actually cares about the economy and the housing bubble there are some red flags here.
https://fortune.com/2022/05/28/recession-predictions-not-great-financial-crisis-experts-say/
WSS
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