I hate everything, especially this.
I, for one, welcome our new Overlandlords.
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 ...
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“Your passcode has been changed and your access has been revoked due to your posting of misinformation on Twitter.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.
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.