Breh I just came from THRIFTY, a pack of chicken wings was 19 and some change
It’s free at self checkout
How much longer can these rent prices continue?
- Thread starter SnugglesDaBear
- Start date
shyt just gonna get worse with housing demand right now
You would think a crash is imminent but people are paying up right now for housing so there’s no incentive to decrease the prices
You would think a crash is imminent but people are paying up right now for housing so there’s no incentive to decrease the prices
Phoenix.
Seriously though, the poor/middle class in this country are getting sucked dry. Where is the breaking point?
Until a crash, which economist say WON'T happen anytime soon. Prices will level out and there will be a drop in demand but don't expect a crash or crazy dip.
Womb Raider
5* Gooneral
People always leave NYC and LA and are also coming in so the rise isn't that drastic, the research triangle, Austin TX and the south as a whole are seeing dramatic rises because of WFH and the fact it is "cheaper"
oh they will, wildfires will be the most pressing issue.
SheWantTheD
Veteran
Until we go into recession.. which won't be long.
DeuceZ
Li pitit gason
My rent increasing to 2k, outrageous 
Unless somethings done in the next year or two things are gonna get very dicey in this country
Unless somethings done in the next year or two things are gonna get very dicey in this country
People are paying so
People will not never understand this.
There's the 1%, but, the Obama years created like 16 million more millionaire families, plus we in the midst of the biggest wealth transfer ever
Muhfukkas buying housing for their grandkids
The Greatest Wealth Transfer In History: What’s Happening And What Are The Implications
The Greatest Wealth Transfer In History: What’s Happening And What Are The Implications
Phoenix.
Seriously though, the poor/middle class in this country are getting sucked dry. Where is the breaking point?
Yeah, it's crazy out here in Phoenix. Price increases are what drove me to finally just buy a condo last year. My last apartment complex was talking about $1800 for a two bedroom under a thousand square feet. The sad part is that if you can come up with the down payment/earnest money, you can actually get a halfway decent spot at less than insane prices if you're realistic about what you buy.
Unfortunately, the cash you need up front is probably going to be what most people put here make in a year.
It's a combo of transplants, and lack of diversification in new developments. Just within a 10-15 minute drive from where I live, there's about a good 10 new housing developments going up, and they're ALL apartments. That probably jumps to about 15 or16 if I counted ones that were either built a few years ago, or are in the middle of being completely renovated after a change in ownership. There are all of two actual single family home developments that I can think of, and those were starting in the $600,000 range. At this point z the market isn't just taking advantage of an unsustainable run, it's flat out designed this way.
ReggieFlare
Superstar
I thought shyt was rough when I bought last year....turned out to be a good decision. I've heard from people plugged into the real estate market and the consensus has been that prices will continue to rise but eventually level off but no one sees a crash coming like the one in 2008
datnigDASTARDLY
catching pigeons
Both paths lead to hyper inflationIt's two Americas brehs
How do y'all think rents and home costs are rising to begin with? Them units ain't sitting vacant
One of the main drivers of the "great resignation" was people leaving for new jobs and MORE MONEY
Half the country out here thriving and making the most money they ever have.....the other half stagnant and struggling