• kitnaht@lemmy.world
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    4 months ago

    Honestly I can’t wait for the housing market to crash. Mine is paid off, and sooooooo many people need homes.

    • GrundlButter@lemmy.dbzer0.com
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      4 months ago

      They need homes you say… I sense a business opportunity. Once the market crashes, we buy up all the property, control the supply, and inflate the prices.

      No wait, that’s what got us here.

      • kitnaht@lemmy.world
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        4 months ago

        The first housing bubble is what allowed me to buy a house in the first place! Line yourself up a real estate agent now! :D

        • GrundlButter@lemmy.dbzer0.com
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          4 months ago

          I strained myself a few years ago, and converted to a 15 year in 2021 at 2.375. I’m stuck, and appalled that my 15 yr mortgage + escrow costs less than what my 2BR apartment goes for now… Less than decade later.

          And to be clear… Let the market burn. I don’t care about my home value, I care that my home and others homes are affordable.

          • kitnaht@lemmy.world
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            4 months ago

            The average house price shouldn’t be $600k+ when minimum wage is still $8 or whatever it is.