Housing Market Slows, as Rising Prices Outpace Wages

[88m3]

Housing Market Slows, as Rising Prices Outpace Wages


Broken promises?

 

[Jhoon]

This is a post with an anecdote.

In pennsauken, NJ, zip code 08110, there isn’t a single home under $200,000 that I would call a perfect starter home.

Even if you go across the bridge to Philadelphia ... there’s something wrong with the market.

 

[DEAD7]

Supply and demand...
Midwest homes far from the coast still cheap as shyt.

 

[Secure Da Bag]

I'm glad I reup'd my rent already.

 

[Swirv]

They can open the spigots again if they want people buying homes

 

[King Sun]

My rentals, are going to be popping soon

 

[Pressure]

Supply and demand...
Midwest homes far from the coast still cheap as shyt.

No jobs

 

[Geek Nasty]

I suspect the market is going to collapse again, this time I hope I can figure out how to exploit it.

 

[Json]

I suspect the market is going to collapse again, this time I hope I can figure out how to exploit it.

That's my hope!

Want to get me a cheap house!!

 

[Wild self]

They market gotta crash again

 

[Jhoon]

They can open the spigots again if they want people buying homes

If you own you have an asset. They don’t want you to have anything.

It’s death by a thousand cuts.

 

[acri1]

Almost recession time.

 

[rightfultoefinger]

House prices where I live have even surpassed the years of subprime lending prices. I bought my place in 11 for 650k. (Short Sale) Now it's worth 1.25 million+. During the peak, it only reached max 1.1 million before it came tumbling down. Not sure if it's like that everywhere but it is where I live in San Diego (North County)

 

[GnauzBookOfRhymes]

good time to be a landlord...rental rates are sky high

that's where the money is at

nationwide we were still using up all the inventory that was built right before crash

all those builders went out of business and people were too afraid to start building even post recession

now many of those properties were bought up by large funds etc and are just being rented out...peoples views of home ownership have also shifted

 

[Wild self]

Cop mad property when this selfish market crashes.