Real Estate Expert: Sky-High Housing Prices Creating Larger Rental Class of Americans

breitbart ^ | 9 May 2022 | PENNY STARR

[Parley Baer]

Talking to a realtor the other day in my neighborhood and he seen a leveling off of the home prices. However they are still selling in days or a week with no “drop” in price. This is in Orange Country, California. I would say the average house in my neighborhood is selling for around $1 million dollar mark.

[ClearCase_guy]

“You will own nothing.”

[Repeal The 17th]

Barry Sternlicht AKA Captain Obvious!

[TribalPrincess2U]

I thought the left were going to help the lower class. Riiiiiiiiiight!
I forgot dims are best at giving carrots, lying, paying terrorists to destroy, and basic underhanded tactics.

[Uncle Miltie]

“You’ll own nothing, and you’ll be happy” - Klaus

[BipolarBob]

It's almost like high inflation causes the rich to get richer and the poor get poorer. I'm sure that's not what Biden intended.

/sarc

[stars & stripes forever]

Turning U.S. into serfs.

[beaversmom]

And you will be happy.

[CivilWarBrewing]

Agenda 21 and 30. Everyone to be holded up in rental units, no single family homes allowed.

[P.O.E.]

Get 'em out by Friday (Genesis)

[jean michael]

It’s all going to crash.

[BipolarBob]

Yeah, my 401k is now a 201k.

[crusty old prospector]

I live in somewhat rural East Texas. Houses on acreage and undeveloped land are up between 30-50% over the past year. Most of our taxes are based on property evaluations. Nice.

[lightman]

Not quite, but an 8% 1stQ drop.

Dung-dung is phucking Main Street AND Wall Street.

One term will be one too many.

[lightman]

But there aren’t any “mean tweets”.

/s

[Ciexyz]

If you plan to sell your medium-price home (under $200,000), and you’re in a good neighborhood with good schools, with access to a good highway system, it’s still a seller’s market for you. Your home will sell in record time with multiple bids.

[lightman]

“You will own nothing.”

DUH

Rentals, car leases, OS, software, and internet “subscriptions”.

Serfdom by any other name would smell as sour.

[DoughtyOne]

If you toss two million new immgrants into the mix every
year, and the government pays their rent, you pretty soon
come to a saturation point.

The landlords can charge higher prices. The general public
has pay higher rents because there is a lack of openings.

Rents are what is sky high. They are astronomical in many
places that used to be havens for people fleeing the
big cities.

Two thousand, three thousand, four thousand...

Goooood luck...
Now it’s terrible everywhere.

[lightman]

If you plan to sell your medium-price home (under $200,000), and you’re in a good neighborhood with good schools, with access to a good highway system, it’s still a seller’s market for you. Your home will sell in record time with multiple bids.

And then off to the Mobile Home Park...