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   Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 20-Nov-2024 04:55:42 JST Bread up, Bro
   the whole prices continue to inflate is what let boomers not give a crap about houses - "people will buy em no matter what you do!" and I think 2008 with banks sitting on houses for I dunno, over a year? and still selling them ..
   • Embed this notice
     ElJewpacabra (jewpacabra@poa.st)'s status on Wednesday, 20-Nov-2024 04:59:55 JST ElJewpacabra

     in reply to
     @sickburnbro >but the quality of inventory feels worse than ever in terms of deferred maintenance & desirability.
     
     lets not even get started on the new homes built by invaders and passed through inspection through back door deals.
     Bread up, Bro likes this.
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     JoshuaSlocum (joshuaslocum@poa.st)'s status on Wednesday, 20-Nov-2024 05:20:53 JST JoshuaSlocum

     in reply to
     @sickburnbro locally i see a lot of people buying mid-priced ones for Airbnb/rentals
     they all think they're going to become rich landlords
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 20-Nov-2024 05:20:53 JST Bread up, Bro

     in reply to

     • JoshuaSlocum
     @JoshuaSlocum that's gonna hurt
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 20-Nov-2024 05:23:58 JST Bread up, Bro

     in reply to

     • dictatordave
     • JoshuaSlocum
     @dictatordave @JoshuaSlocum after too big to fail, they expect to be bailed out, so why not
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     dictatordave (dictatordave@poa.st)'s status on Wednesday, 20-Nov-2024 05:23:59 JST dictatordave

     in reply to

     • JoshuaSlocum
     @JoshuaSlocum @sickburnbro i was working doing estimating for property preservation on bank owned homes 10 years ago and the inventory of shit properties that well fargo had on their books alone was beyond belief my dudes
     
     it really is that bad, problem is the more they acquire the more they have to shell out for power in certain areas to keep dehumidifiers and heat on, and then there's the fines they get for over grown yards and damages
     
     its a system meant to collapse and then be restructured, probably fucking home owners who pay their mortgages in the process
     
     thanks obama niggers
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     Jonny (jonny@annihilation.social)'s status on Wednesday, 20-Nov-2024 05:28:05 JST Jonny

     in reply to

     • JoshuaSlocum
     @JoshuaSlocum @sickburnbro
     Real estate is cyclical. Right now is probably the worst time in history too be buying real estate as an investment. Now is the time too be selling real estate if you can.
     We’re at the top of a real estate bubble that dwarfs 2008.
     Bread up, Bro and ✙ dcc :pedomustdie: :phear_slackware: like this.