(water is wet and fire is hot).

  • Asafum@feddit.nl
    link
    fedilink
    English
    arrow-up
    3
    ·
    7 months ago

    It’s not “they,” I’ve been watching my local market because I had been looking to buy.

    One simple, extreme example: a piece of shit shed masquerading as a house sold for 65k in 2016 then in 2021 the asshat that bought it put it on the market for 190k

    In what universe is that even a reasonable increase? It wasn’t 40 years, it was a direct reaction to “supply and demand.” Real estate agents were telling my friend who actually had the money to buy “if a house is on the market for more than 5 days there’s something wrong with it.”

    That’s not a normal situation affected by decades of increases.