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Posted on 6/17/21 at 2:52 pm to jlc05
quote:
About $30K?
More like 18-20k
Posted on 6/17/21 at 2:57 pm to rickgrimes
It’s because all these people in big cities with big salaries moved away during COVID to smaller towns and cities in middle America to work at home and realized they could buy 5x the house for the same price as an apartment back home.
Of course this ruins buying homes for normal folk in these areas
Of course this ruins buying homes for normal folk in these areas
Posted on 6/17/21 at 3:01 pm to deltaland
Theoretically, housing costs should plummet in the cities to attract folks back. But with federal dollars continuing to pour in, that shite ain't happening.
The economy is shifting to socialism and we are all witnesses.
The economy is shifting to socialism and we are all witnesses.
Posted on 6/17/21 at 3:29 pm to rickgrimes
There is quite a lot of money laundering when the housing market goes nuts. Betcha half of the houses reported selling for way over asking price were recently purchased property. Brilliant plan, though.
Posted on 6/17/21 at 3:58 pm to rickgrimes
I listed a house for 690k in April, closed June 1st for over 800k. Also lost two houses for buyers, one buyer offered 80k over list and another 100k. It’s nuts right now.
Posted on 6/17/21 at 4:52 pm to USMEagles
quote:
Yeah, I'm a winner so I got in early. I've got the 9th roots of several 114-digit prime numbers printed out in my bomb shelter.
what...what do you think crypto is?
Posted on 6/17/21 at 5:12 pm to DeathValley85
quote:
what...what do you think crypto is?
You saying I shouldn't have printed it out?
Smart. I'll scan it all to a Jazz drive and destroy the hard copies.
Posted on 6/17/21 at 5:48 pm to YipSkiddlyDooo
quote:
You lose money on everything with an engine you buy. You lose money on most guns and all ammunition. You lose money on sporting good equipment. You lose money on personal entertainment. We all lose money on “stuff” every day
Economy of scale bruh.
You don’t “lose money” on consumables, especially if it’s a necessity. Overpaying for some copy and paste DR Horton house because you want to get caught up in the rat race is absolutely retarded.
Posted on 6/17/21 at 5:53 pm to rickgrimes
I’m laughing thinking that now, crypto is perfectly acceptable bargaining money.
I know it has been but i still laugh that it has come to this
I know it has been but i still laugh that it has come to this
Posted on 6/17/21 at 6:04 pm to bayoudude
quote:
Sounds like people are pissing away money for no reason
Its amazing how easy it is to get people to spend unnecessary money.
Posted on 6/17/21 at 6:05 pm to rickgrimes
Question is when is this bubble going to pop because when it does it's going to hit hard just like 08-09.
I want to buy a new house now but I've been waiting hoping to see a buyer's market soon. This can't sustain itself much longer can it?
I want to buy a new house now but I've been waiting hoping to see a buyer's market soon. This can't sustain itself much longer can it?
Posted on 6/17/21 at 6:08 pm to rickgrimes
quote:
But that buyer also threw in 10 Ether coins, which -- in early May when Ethereum was trading at $3,900 -- were worth nearly $40,000.
He'll regret that in 10 years
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