70 Mach 1
Well-known member
some folks need 2 houses
This guy gets a lot of flack for saying housing market will decline, but this actually proves that it is happening in some areas. He bought a house in 2026 for 330K that sold for 496K in 2023 (whoops for that person). This was his own personal home he bought in Atlanta, Georgia. Of course, not all markets are the same, but this does show that things have changed since 2023.
Home prices are where I live because of migration out of NYC. So, where you live makes all the difference.
Prices are all over in central TX. Five acre lots seem to be running in the 300k range with nothing on them but they also aren't moving. Makes it hard for me to even price what I got if I decide to sell. I can't be reasonable because nothing else is reasonable anymore....Home prices are where I live because of migration out of NYC. So, where you live makes all the difference.
It's not yet time to buy any real estate, but that will change.Prices are all over in central TX. Five acre lots seem to be running in the 300k range with nothing on them but they also aren't moving. Makes it hard for me to even price what I got if I decide to sell. I can't be reasonable because nothing else is reasonable anymore....
I remember when I was growing up in NYC that only rich people owned homes. I guess we are going back there.Google searches for “can’t sell my house” hit an all time high last month surpassing the peak of the crash of 2008.
https://www.zerohedge.com/economics/gold-debt-and-inevitable-global-housing-market-crash
Neofuedalsim.......The 1% want it all. Back to Kings, Queens and Palantir technocrats.I remember when I was growing up in NYC that only rich people owned homes. I guess we are going back there.
Don't worry Larry Fink will come in and buy it all up and rent it back to the public.Prices are all over in central TX. Five acre lots seem to be running in the 300k range with nothing on them but they also aren't moving. Makes it hard for me to even price what I got if I decide to sell. I can't be reasonable because nothing else is reasonable anymore....
I remember when I was growing up in NYC that only rich people owned homes. I guess we are going back there.
If Atlanta wasn't huge casserole of corruption, I would probably buy a home down there.Well, places like NYC may not ever decline again, just so long as people want to live there. There just isn't a lot of land.
Other areas like Atlanta Georgia (suburbs) are seeing some pretty impressive price declines (35% in some cases).
Derka derka, fellow commie.Surely this is all a big WokeMerican hoax!
Can't these fools see the Dow? The economy has never been better.
Neofuedalsim.......The 1% want it all. Back to Kings, Queens and Palantir technocrats.
Klaus really was serious when he stated " You will own nothing and be happy!" Well..... Happy until Klaus's buddies or AI terminators euthanizes you.
Our whole financial system is a huge ponzi scheme. Sure, money going to support criminal aliens is making it worse, but not really the issue.we'd have more affordable housing if we didn't have millions of illegal invaders, many of whom compete with citizens for rentals and purchasing homes.
iNvAdErZ!!!!we'd have more affordable housing if we didn't have millions of illegal invaders, many of whom compete with citizens for rentals and purchasing homes.
Whatever you want to call them, they all need to go home.iNvAdErZ!!!!
that's the best option.Whatever you want to call them, they all need to go home.