Posted on 11/29/2022 7:45:12 AM PST by Twotone
I hate everything, especially this.
I, for one, welcome our new Overlandlords.
That’s OK, Laz. Everything hates you too, especially this.
I hate hate. But if I hate hate....then...
Well played!
So, this is what happens when it’s too dangerous to go to an area. That should be a hint right there.
You’ll own nothing ...
That’s exactly what I was thinking....
Are institutional investors increasing their investments in the housing market? And if so is this helping drive the sharp increase in housing prices we’ve seen in the past few years?
I could see major inroads by institutional investors causing prices to increase, by pulling significant numbers of houses off of the market. Based on supply and demand, the cumulative effect of institutional investors would lower the supply of houses available to people who actually want to buy a house and live in that house.
“Your passcode has been changed and your access has been revoked due to your posting of misinformation on Twitter. We are sorry for any inconvenience.”
I recently got a real estate license and joined the MLS. It doesn’t take a genius to figure out the game. It’s all pay to play, and a low entry fee for the r.e. rape competition.
Funny how it’s never supply and demand anymore, it’s always “corporations” like that would make a difference.
There’s a shortage of housing and it doesn’t matter who owns it.
Gahhh, people are ignorant.
65.8% of Americans own their home, that’s a historically high number. Corporations are just people working under corporate rules for tax reasons. Many corporations are one person.
Funny how it’s never supply and demand anymore, it’s always “corporations” like that would make a difference.
There’s a shortage of housing and it doesn’t matter who owns it.
Gahhh, people are ignorant.
*******
Real estate companies have always been around, they also multiple when real estate valuations get extravagant.
As far as ignorant people go, the girl in the article named Kaylee isn’t the brightest bulb.
Kaylee was willing to pay $1590 month for rent while looking for a roommate. She couldn’t find a roommate and left the rental when her rent went to $1700. She didn’t understand how little old ladies & blue collar workers could afford the high prices.
Kaylee doesn’t understand that ‘those people’ already own their homes & bought them at a lower valuation in an earlier time period.
I believe it. I got a robo-call yesterday from a robo-agent who was taking down my answers via computer transcription.
At first I thought a live “person” was talking to me.
I just was trying to entertain myself. After a few answers it became more clear that a computer was running the other end of the whole call.
The owner of the house next door is asking a princely sum to rent the house which ensures it will likely get squatted. Absentee landlords never know how to price the market.
I got a direct phone call last Wednesday-—Asked for me by name.
A person with a firm Hindu or Philippines voice asked my “IF I wanted to sell my house for cash”. I live rural on 5+++ acres.
I said I would take $30 MILLION CASH-—NO LESS....
Small pause-—hang up.
I keep getting written notes in the mail from OUT of State.
After several months in real estate, I’m well equipped for car warranty sales as a back-up.
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