Posted on 05/01/2023 7:06:52 AM PDT by Diana in Wisconsin
I reached out to a buddy in the construction business. Wanted to explore getting a house to flip. He’s been in the business his whole life.
His response: I’d love to, but there are no homes to buy. The corporations are buying up everything as soon as it hits the market.
In the metro Atlanta area you’ll find townhome and attached single family homes in subdivisions going up. All rentals.
Interesting post.
1958 houses tend to have a lot of maintenance requirements as well—though of course that depends on how much of the interior has been renovated over the years.
Let me rephrase your question to "Where are all those aliens pouring across our southern border going to live?"
In Northern California houses in the not so good part of town are being rented to large groups of illegal aliens for insane amounts of money. A 3 bedroom house can house 6 or 7 families. Mattresses on the floors of the garage, living rooms and dining rooms. You can tell where it is going on by driving around on trash pickup day. I put my trash out one night and the can was half full. When I went out to go to work at 6AM it was overflowing from a house (barracks would be more accurate) up the street. Many single family houses are being kept off the market because the owner can make a fortune right now playing this game.
Blackrock is evil.
Very Frank Lloyd Wrightish, to a degree.
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