Went to monitor property listings, and dear me the amount of forclosures is insane. In Colorado its almost 9/10 new listings. I can't even get prices because they are pre-auction.

Welp...

  • Not_irony [he/him]
    ·
    edit-2
    4 years ago

    "I'll invest in this property (real estate always goes up, over a long enough period of time), but I'll just get out before the collapse hits" a guy who is very smart

    • Yaweh [xey/xem]
      hexagon
      ·
      4 years ago

      The last few months its been investment groups shifting funds out of the market into "stable" housing. Wall Street inflated home prices again, but this time it went off the rails way faster than 2007. Hope all the chapos here can grab themselves a cheap home. If you can't afford it then go take it. Tell them Yaweh said it was cool.