Why Houses Are So Expensive In The U.S.

[UberEatsDriver]

Man these bidding wars in DC are something else. Single family and semi detached homes are getting snatched up instantly all over the city.

This joint not too far from me went up for sale and got snatched up at the end of the day.

https://www.realtor.com/realestateandhomes-detail/4311-Burns-St-SE_Washington_DC_20019_M54926-69768

Is this a bad area?

 

[Chrishaune]

I keep telling people there's this entire neighborhood of uprises South of Nashville and NO ONE LIVES THERE

And it's by a Toyota plant

Nissan? Toyota/Mazda is near Huntsville.

Nashville has been crazy and I'm sure now it's ridiculous.

 

[Dafunkdoc_Unlimited]

ex:
-housing shortage
-shortage of construction workers
-lumber costs

Let me show you why those 3 reasons are soon to be obsolete......​

​

 

[Wink Beaufield]

Is this a bad area?

Nope, quiet area with a bunch of old folk.

 

[greenvale]

This is a good thread from the redfin ceo on the topic. Wage inequality and wfh playing a factor too

 

[Json]

Let me show you why those 3 reasons are soon to be obsolete......​

​

Still going to have to train the technicians and crew in 3D equipment.

 

[Mike Nasty]

Nope, quiet area with a bunch of old folk.

There were places in N.W off Georgia Ave that show being 500k on Zillow and don't look nearly as nice as that.

 

[Formerly Black Trash]

This is a good thread from the redfin ceo on the topic. Wage inequality and wfh playing a factor too

Years from now, this will be listed as a sign of a country on the decline

1 sounds like some ancient Roman shyt

 

[Dafunkdoc_Unlimited]

Still going to have to train the technicians and crew in 3D equipment.

Sure, but the costs of construction; labor, materials, time, etc., are significantly decreased making location the primary driver behind housing costs.​

 

[UpAndComing]

Zoning laws
Zoning laws
Zoning Laws

Single Family Suburban community housing singlehandedly bankrupt cities, over valued housing prices, and messed up the job market

 

[head shots101]

Man these bidding wars in DC are something else. Single family and semi detached homes are getting snatched up instantly all over the city.

This joint not too far from me went up for sale and got snatched up at the end of the day.

https://www.realtor.com/realestateandhomes-detail/4311-Burns-St-SE_Washington_DC_20019_M54926-69768

Damn 600k

 

[Crude Abolitionist]

I'm getting a house in the hottest market which is central Texas.

Can't wait so excited!!

 

[L0Qutus]

It's foreigners money laundering through real estate and private equity investors driving the prices up

 

[Tommy Lee Jones]

you gotta be sohh stupid to buy a house right now I really don't understand why you would do this. most people don't even want to sell because they got no where else to go.

 

[Formerly Black Trash]

I

It's foreigners money laundering through real estate and private equity investors driving the prices up

Free market