Americans being priced out of housing market, study finds
58,379
Published 2024-06-20
#home #sale #price
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All Comments (21)
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What you expect when corporations and investors now own around 30% of all homes.
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In other news, grass is green. Water is wet
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We are being priced out by large corporations that are buying houses.
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Tax the poor. Give breaks to the rich. Enforce strictor zoning. Hike inflation. Dont build affordable homes. Im amazed we have this problem.
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We didn’t need a study to know this
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Really? We needed another “study” to come to this conclusion? How about fewer studies…and more solutions.
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Thanks for the international corporations that can still afford to buy with cash.
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Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
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Don't need to do a study to know this........
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Can’t even afford apartments
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I lost my housing twice during the pandemic, and then couldn't afford the skyrocketing rents anymore, so I ended up buying an old Toyota Sienna minivan to live in.
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You needed a study to come to this conclusion?
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"Sometimes, it's not about having a talent, skill, or passion. But what if I told you that with the right investment, you can still achieve your goals? No talent, no skill, no passion, but good investment can bring you financial freedom. Don't underestimate the power of smart financial decisions!!!!!!!!"
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There are numerous studies that show there are 14 MILLION homes vacant due to institutional investors as well as speculators asking too much for rent or selling price. We don't need to create more multi-family housing or drastically change zoning laws because those new homes will end up being vacant due to the same institutional investors asking too much for rent. Leave our neighborhoods alone.
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Companies buying real estate
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@1:52 laughed out loud when hearing the guy said homes have higher quality now than in the past
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We live in a plutocracy... there, I answered it for you. It has nothing to do with the pandemic. Housing prices have been ridiculous for the past 40 years.
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Now buying a house turned American dream to American nightmare.
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So Harvard had to do a study to confirm what we already know
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No one looks at Havard as experts anymore.
