These home and apartment prices are crazy asf

Mindfield333

Superstar
Joined
Jun 16, 2012
Messages
16,547
Reputation
1,887
Daps
47,735
Reppin
NC
I’m in a unique situation. I lived in the house for 2 years then moved away and have been renting it for the last two so technically I can still sell and not have to pay capital gains. im currently renting another home while I have tenants in my crib. So technically I can just keep renting after I sell.

The issue is if I continue to rent and prices just keep going up. Does that make sense ?
Yeah that makes more sense. A friend of mine bought his house like 2 years ago in Jacksonville and he was toying with the idea of selling due to the market
 

MajesticLion

Veteran
Joined
Jul 17, 2018
Messages
36,475
Reputation
7,547
Daps
78,168
Yeah but rent during those days were cheap, them was the 90s and early 2000s. Social media just made it really blow up and now more people are moving there than ever. Everybody is trying to hit up ATL

It wasn't social media in either case. This latest wave you're talking about started with a former mayor opening the developer floodgates to downtown, giving financial legitimacy to the Beltline project. It's been a race to turn downtown into NYC-lite ever since.


@DJSmooth I see you :obama:it's been a steady progression since the Olympics, for real.
 

Apollo Creed

Look at your face
Supporter
Joined
Feb 20, 2014
Messages
62,641
Reputation
15,649
Daps
232,940
Reppin
Handsome Boyz Ent
Bought my house for 499,999 in 2017. Bout to sell it for 615+ :wow: It’s a sellers market


But then I gotta try to turnaround and find something nice that’s not too overpriced :mjcry:it’s a sellers market

main reason im not selling cause my mortgage is cheap and I'd have to deal with the renters market or overpriced housing. I'm just going to sit on what I got since I'm single.
 

frush11

Superstar
Joined
May 1, 2012
Messages
21,807
Reputation
3,012
Daps
49,280
Reppin
NULL
In about 4/5 months when I start looking for an Apartment, I'm gonna have to go through the Housing Department in DC. To find something affordable in NW or around the Riggs and Michigan park section off NE.
 

West Coast Avenger

West Coastin & Smokin
Joined
May 1, 2012
Messages
36,534
Reputation
7,691
Daps
131,520
Reppin
206 Emerald City
in the 5th whitest. city in the USA that you chose to live in while being racist to asians . in a city outside of SF with the highest population of Asians

sad
fukk your people!...and fukk you!....always wanted to be the white man's pet and only started crying now cause your people getting that reality check....you all benefit and walk around like you're not even a minority....go shove an egg roll up your ass....
 

UberEatsDriver

Veteran
Joined
Feb 12, 2017
Messages
44,109
Reputation
3,168
Daps
99,332
Reppin
Brooklyn keeps on taking it.
It’s a shame. It used to be dirt cheap down south by northern standards. My sister had a fat house in Snellville that was around $800 to $900 a month :wow:


Keyword: the reality is the south was never realistically cheap because if it was it wouldn’t have the highest poverty and welfare recipient rate.


The South being cheap is a rhetoric used primarily by California and New York/NJ/MA people who are now one of the main reasons why southern living in expensive.

They go to these states and can easily outbid any local in buying a home in their market.

This is exactly what’s going on now with Cali residents in Austin Texas. This is exactly what’s going on with residents in Charlotte and NJ/NY residents.
 
Top