New home sales soar to highest level since 2007

[Wild self]

Have any of YOU, folks who say the economy is great, bought a newly-constructed home recently?

*crickets*

 

[NY's #1 Draft Pick]

Have any of YOU, folks who say the economy is great, bought a newly-constructed home recently?

I just bought a new construction last year










Na but too many people are struggling and have to work multiple jobs to make ends meet.

 

[Deflatedhoopdreams]

Have any of YOU, folks who say the economy is great, bought a newly-constructed home recently?

 

[OfTheCross]

Both articles are behind a paywall, can you copy and paste the entire articles? And the excerpts you provided don't prove that corporations holding on to homes is prevalent, but I'll hold off on coming to a conclusion until I see the evidence provided in the articles.

Here's some localized examples from my area

https://www.miamiherald.com/news/business/real-estate-news/article229315294.html

https://www.miamiherald.com/news/business/real-estate-news/article239094778.html

The study shows 17% of homes sold in South Florida during the second quarter of 2019 were bought by investors, up 1.3% over the same period last year.

The national rate of investor sales was 7.7% — the highest rate of speculation since 2013.

The study defines investment sales as ones with a corporate or non-individual’s name on the deed. Flips are defined as homes that were sold and then resold at a higher price within a 12-month period.

Nearly a fifth of all homes sold in South Florida are bought by investors, study says

 

[OfTheCross]

I just bought a new construction last year










Na but too many people are struggling and have to work multiple jobs to make ends meet.

How much

2 of my friends bought last year down south..off exit 9 on the turnpike.

They're in the 300s, I believe. New construction from Lennar both 3/2s. Both townhouses with modest backyards

 

[NY's #1 Draft Pick]

How much

2 of my friends bought last year down south..off exit 9 on the turnpike.

They're in the 300s, I believe. New construction from Lennar both 3/2s. Both townhouses with modest backyards

They taxing for townhouses down there breh. My shyt is a 4/3 for right over 300,000. And it wasn’t made by shytty ass lennar either

 

[OfTheCross]

They taxing for townhouses down there breh. My shyt is a 4/3 for right over 300,000. And it wasn’t made by shytty ass lennar either

Both them bytching about the quality of the construction.

I got another co-worker that bought a Lennar up on countyline for $400K+ 4/3

 

[rapbeats]

Both articles are behind a paywall, can you copy and paste the entire articles? And the excerpts you provided don't prove that corporations holding on to homes is prevalent, but I'll hold off on coming to a conclusion until I see the evidence provided in the articles.

i dont pay for either. so how is it that I'm able to read both articles? google how to get around that pay wall, or google the titles. the same thing i did to locate them for you. stop being lazy just to make a point. you asked for some links. i gave you some links. if the links are behind a pay wall(and I dont pay for any news via online). google it yourself. it aint hard if you actually care to know that is.

 

[ogc163]

i dont pay for either. so how is it that I'm able to read both articles? google how to get around that pay wall, or google the titles. the same thing i did to locate them for you. stop being lazy just to make a point. you asked for some links. i gave you some links. if the links are behind a pay wall(and I dont pay for any news via online). google it yourself. it aint hard if you actually care to know that is.

You made a claim and I asked for some evidence, and you instead couched your response with anecdotal evidence and excerpts that didn't really bolster your initial argument. Since you made the initial claim the onus should not be on me to provide or search for the evidence in full.

But you didn't cite stronger portions of the articles. That leads me to conclude that either you were unable to extract the most helpful aspects of the articles or in relation to your argument there wasn't much there to begin with.

Thus, if you are not interested in providing additional evidence I don't really find your argument convincing.

 

[rapbeats]

these are foreign investors buying up real estate. If this was off the back of real live americans you will see foreclosures at an all time high by 2023

its also foreign folks too. i forgot to add. you are correct.

You made a claim and I asked for some evidence, and you instead couched your response with anecdotal evidence and excerpts that didn't really bolster your initial argument. Since you made the initial claim the onus should not be on me to provide or search for the evidence in full.

But you didn't cite stronger portions of the articles. That leads me to conclude that either you were unable to extract the most helpful aspects of the articles or in relation to your argument there wasn't much there to begin with.

Thus, if you are not interested in providing additional evidence I don't really find your argument convincing.

bruh, i gave you the links. i can see the info on my end. i DO NOT PAY for news articles. so i dont know how i'm seeing them. i know certain news sites give you like 3 looks per week or something and thats it. so maybe yall exceeded your free looks. all you have to do is what i did. GOOGLE IT.

no i'm not doing anything else. i'm not copying and pasting whole articles in here. i never have and never will. I know I'm right. you THINK i'm wrong. so you go do the foot work...Or not and keep believing what you THINK is true vs what you KNOW is true.

 

[R. Money]

*crickets*

 

[Tony D'Amato]

But what happened in 2008 tho