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SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 1 year ago

Florida Homeowners Call It Quits: Selling Hurricane-Damaged Homes to “Quick Buy” & “As Is” Vultures

lakelandgazette.info

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Florida Homeowners Call It Quits: Selling Hurricane-Damaged Homes to “Quick Buy” & “As Is” Vultures

lakelandgazette.info

SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · 1 year ago
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Desperate homeowners, crushed by soaring insurance costs and storm damage, sell to cash buyers at steep discounts while experts warn of long-term economic implications and the loss of the American…
  • sunzu2@thebrainbin.org
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    • thatKamGuy@sh.itjust.works
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      1 year ago

      Vulture “Venture” Capitalists.

    • Stupidmanager@lemmy.world
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      1 year ago

      You know those ads in most money articles? The ones where you can own fractions of real estate? Well, it’s that and many other venture funds.

      If you own a house now, good for you. Enjoy while you can until they change the laws to benefit businesses and penalize single home owners. The system is working as structured.

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        • shnizmuffinA
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          I don’t trust anyone who spells favorable with a ‘u’ when it comes to US anything, let alone tax code.

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Housing Bubble 2: Return of the Ugly @lemmy.world

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A community for discussing and documenting the second great housing bubble.

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