https://www.newsweek.com/florida-homeowners-struggle-sell-their-houses-1912392Aquamarine?

Meanwhile, soaring insurance fees are also dissuading potential buyers from purchasing property as they add more costs to owning a home.

  • BakerBagel@midwest.social
    ·
    2 months ago

    It's everywhere, not just Florida. House prices have doubled in my po-dunk little college town in rural Ohio, but nothing is selling. They aren't even pretending that prices are based on anything any more.

    • Hello_Kitty_enjoyer [none/use name]
      ·
      2 months ago

      They aren't even pretending that prices are based on anything any more.

      prices are based on the government's need to extract more housing taxes from people

      • KoboldKomrade [he/him]
        ·
        2 months ago

        Partially, but also heavily influenced by massive real estate companies and land lords.

    • KoboldKomrade [he/him]
      ·
      2 months ago

      Yeah, its bad. Where I'm at now has still seen like a 50% increase since I've moved 2-3 years ago.