....that they voted for.
Enormous new supply volumes
In so many locales, like here in the Raleigh, NC / Wake County Area = it’s just the opposite. Houses for sale are scarce and the prices are going through the roof. NYC is being destroyed by the DeBlasio forces. How they must miss Rudy!
Just be glad you don’t have Arizona’s problem:
“A luxury-home builder in Scottsdale says Californians who were considering moving to Arizona, are now actually buying. It doesn’t hurt that Scottsdale’s luxury homes are a bargain compared to the Bay Area’s pricey housing market.”
Just for a laugh, I went to Realtor.com to look at some prices. I brought up 5 ‘apartments’ that ranged from $48million, all the way down to $19million. One was up for $28million and said the price had been reduced. Real Estate is so volatile! (I will say the most expensive ‘apartment’ did have around 10,000sqft and 7bed, 7bath.......pretty big for an ‘apartment’.
Who wants to live in a shithole?
The house i grew up in was 100 g in the 70s
Now they want 1.8 mil. With taxes at about 40 g a year even if the buyer can pay cash which he will
But its been empty for a year along with many like it in the ghost neighborhood. Inflation adjusted, those houses are not owned by family men- executives with college educated stay at home wives raising kids contributing to the community, the town.
We boomer kids ruled the place, the state, with families averaging seven or so kids
Now, the rich are getting richer and...
But the 40 g per year goes to state dem voting slaves
The middle class is fleeing Theyre going to be gone. Who’s going to pay then?
Liberalism == cancer.
If you are a liberal progressive fleeing what you have wrought, don’t come to FL. Stay there and eat your peas.
5.56mm
Markets go up and down...You have to look at more than numbers...
Prices went nuts and people resonated by building, no?
Less people want to move into that cesspool. More people leaving that liberal-progressive haven of insanity.
It’s a $h!thole that’s why. Believe me. I grew up there (before it was one)
It looks like people are finally getting smart and leaving That Liberal Hell hole known as New York City.
Hopefully they don’t come to Connecticut because we have our own hell holes in certain places.
We don’t need any more liberal ideas and the parasites they bring.
“even units less than $1 million...”
Good God. We used to think $1 million was a frickin’ pile of money. Lord save us.
Another thing: your house (or car, or anything else) is only worth what someone will pay for it. If they won’t pay what you think it’s worth, it ain’t worth that much.
Even rats abandon a sinking ship.
Its ironic how <$1 million homes are the cut-off "low end" of the market.
NY perhaps will be "cheap" when those places are $250K. Its a long way down from a bubble.
They all want to move out west.
“Liberals ruin everything the touch. Hopefully it’s the smart Conservatives that are moving out of New York City, but I suspect it’s the cheap liberals who don’t was to pay their full share... “
Once they’ve spent everone else’s money then they move on to the next victims in NC, FL, TX etc.
Soon the Muslim hordes will be able to move there on refugee assistance. Won’t New Year’s Eve be fun then?