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re: So many houses for rent in the Austin area

Posted on 7/24/23 at 6:13 am to
Posted by Koach K
Member since Nov 2016
4818 posts
Posted on 7/24/23 at 6:13 am to
Renting is a solution for all these ‘landlords’ who are underwater and don’t want to admit it yet.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 7/24/23 at 6:27 am to
Create a housing affordability crisis, get people mad, government swoops in and creates middle class section 8 but for renting sfh, and government pays funds owning houses pleasing both sides. Not hard to see that scenario happening, and glad I was able to buy a house.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 7/24/23 at 6:55 am to
quote:

I rent two homes in Austin. Interested? Can’t afford it, go live somewhere else. You’re not entitled to live wherever you want for a cheap price.


Why are some of y’all such prick assholes?
Posted by LemmyLives
Texas
Member since Mar 2019
16093 posts
Posted on 7/24/23 at 7:02 am to
quote:

Can’t afford it, go live somewhere else. You’re not entitled to live wherever you want for a cheap price.


I upvoted BabyTac. What is the world coming to?
Posted by Pvt Hudson
Member since Jan 2013
4928 posts
Posted on 7/24/23 at 7:09 am to
They paid 10% over appraisal. Can’t afford to sell them.
Posted by OceanMan
Member since Mar 2010
23214 posts
Posted on 7/24/23 at 7:14 am to
quote:

I rent two homes in Austin. Interested? Can’t afford it, go live somewhere else. You’re not entitled to live wherever you want for a cheap price.


Terrible response
Posted by MasterDigger
Member since Nov 2019
2962 posts
Posted on 7/24/23 at 7:25 am to
quote:

ou must realize that investors buying all the inventory possible to hold for rent means there are fewer houses for sale so much higher prices
Sounds like the stock market with risk vs reward speculation for the future housing market.

Somebody will lose...usually the regular guy, but sometimes a regular guy can win out a little, following in the wake of the industry giants.
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