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The typical home is worth $1 million in record number of cities, Zillow says
Spectrum News ^
| 4/2/24
| Susan Carpenter
Posted on 04/03/2024 8:09:17 PM PDT by anthropocene_x
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Suppose Biden brings in 5-10 million more illegals and average home price goes to 2 million in a few years, does that get counted as an increase in GDP?
To: All
The homes are not worth more.... the money will just buy WAY less.
To: anthropocene_x
No, but your property tax will go up astronomically.
3
posted on
04/03/2024 8:24:16 PM PDT
by
from occupied ga
(Your government is your most dangerous enemy - EVs a solution for which there is no problem)
To: anthropocene_x
The number of cities where the typical home price is at least $1 million has dramatically increased over the past year. How about "the buying power of the dollar has dramatically decreased over the past year."
4
posted on
04/03/2024 8:27:14 PM PDT
by
Steely Tom
([Voter Fraud] == [Civil War])
To: anthropocene_x
“worth” probably does not apply
5
posted on
04/03/2024 8:27:58 PM PDT
by
linMcHlp
To: anthropocene_x
What’s the increase in Trump’s properties these last few years?
6
posted on
04/03/2024 8:28:45 PM PDT
by
Jim Robinson
(Resistance to tyranny is obedience to God.)
To: anthropocene_x
Just wait til they drop the interest rate, before the election.
7
posted on
04/03/2024 8:30:53 PM PDT
by
Jane Long
(The role of the GOP: to write sharply-worded letters as America becomes a communist hell-hole.)
To: LegendHasIt
Exactomundo. And Zillow pumps up the value to no avail except their idiotic formula listings.
“Not on the Market” but here’s what they think it’s worth. Some people buy into this crap- as the worthless derivatives are still marketed in a dwindling expensive mortgage secondary market.
8
posted on
04/03/2024 8:34:28 PM PDT
by
John S Mosby
(Sic Semper Tyrannis)
To: anthropocene_x
Suppose Biden brings in 5-10 million more illegals and average home price goes to 2 million in a few years, does that get counted as an increase in GDP? More likely these homes will be confiscated and subdivided and given to illegals.
9
posted on
04/03/2024 8:37:23 PM PDT
by
FreeReign
To: John S Mosby
My daughter sold her house in the country the first day it was on the market for more than she paid for it.
Moved to a wonderful house in town for many thousands less than she sold her house for. Sometimes life works.
10
posted on
04/03/2024 8:40:03 PM PDT
by
Veto!
(FJB Sucks Rocks)
To: anthropocene_x
11
posted on
04/03/2024 8:40:27 PM PDT
by
Dogbert41
(“Blessed are the peacemakers, for they will be called children of God” -Matthew 5:9)
To: Steely Tom
>> How about “the buying power of the dollar has dramatically decreased over the past year.”
You mean to tell me that it’s NOT “shrinkflation”??!?
12
posted on
04/03/2024 9:15:26 PM PDT
by
Nervous Tick
("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
To: Dogbert41
“Gradually, then suddenly”.
13
posted on
04/03/2024 9:16:41 PM PDT
by
Nervous Tick
("First the Saturday people, then the Sunday people...": ISLAM is the problem!)
To: LegendHasIt
Just heard an opinion on a Christian station that Californians deserting the state were partly doing it due to house costs which he said were the result of absurd climate change regulations on all building. Property taxes go by the “value” the government assigns, and with all the high price places around the “average” is sky high, too. So average people are taxed for a mansion and don’t get much for it.
14
posted on
04/03/2024 9:30:00 PM PDT
by
frank ballenger
(There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
To: anthropocene_x
Average home is $1 million? Doesn’t that make Bidenflation 250% since 2021?
To: anthropocene_x
In cities where you need to earn the kind of money it takes to buy a $1 million house.
Come to Trump country and you can buy five very nice houses for that money.
16
posted on
04/03/2024 9:59:32 PM PDT
by
bigbob
To: anthropocene_x
Every government dollar spent on every illegal IS added to the official GDP.
17
posted on
04/03/2024 10:03:18 PM PDT
by
Sgt_Schultze
(When your business model depends on slave labor, you're always going to need more slaves.)
To: Sgt_Schultze
Why would money spent on illegals be added to the GDP?
To: frank ballenger
Damn glad we left Cali....Dam glad now I live in the middle of nowhere.
To: NetAddicted
Even with a cement pond and a fancy eatin’ room it sounds like a lot of money for a house.
20
posted on
04/03/2024 10:28:26 PM PDT
by
frank ballenger
(There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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