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re: Buy a house rite now or wait a bit longer?

Posted on 7/28/21 at 8:44 am to
Posted by Auburn1968
NYC
Member since Mar 2019
20058 posts
Posted on 7/28/21 at 8:44 am to
quote:

I agree, real estate markets never crash.


In 2010, my wife and I found a beautiful house in a gated community in FL on sale for $100,000. It had cost $450,000 to build and was only a couple of years old.

A landlord I know in NYC is renting apartments for 50% of what they were prior to covid. Lots of young people moving in, but lots of empty commercial space.
This post was edited on 7/28/21 at 8:47 am
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 7/28/21 at 8:56 am to
quote:

landlord I know in NYC is renting apartments for 50% of what they were prior to covid


lmao this can't be serious?

the demand for nyc apartments is causing viewings of lines of people to be blocks long down the road. this is all over the city btw. I just was there and I'll be going back next week

here's a video of what I'm talking about
LINK /
This post was edited on 7/28/21 at 9:10 am
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