The only people buying houses are investors who can afford them. Properties only stay on the market for a few days, if that. Big, small, expensive, cheap - you name it, they will buy it. 'They' being rich people from the West Coast who find our housing prices laughably low.
This isn't a bubble. The 'small folk' no longer have mortgages. They rent exclusively and with high competition. You have to call on a listing ASAP.
The average person will soon have little choice but to pay rent to their noble landowners.
Source: family member is property manager for major investors in DFW (one of, if not the, fastest growing housing market in the USA)
>>1035771 You're right, but you're wrong. It's Chinese buyers trying to get their cash out of China. Look at the new owners of Denver, it's all Chinese nationals. It's easier to buy in the US because you can actually own property here, unlike China where you buy a 75 year lease or whatever it's called. These RMB cash infusions are jacking up property rates and the investors are killing it for regular people just starting out.
Well.. there's always the occasional shithole like some parts of alabama (although implying all of it isn't a shithole), where you find houses that won't require that much work to fix up for 25k and less.
>>1036431 Literally what a government is. The fact that you lose your single family house if you don't pay taxes is absurd, you paid it in full. If they really needed your money they could move the payments to a higher income tax or any other payment form, but they choose to keep it so you'll never, ever fully own your home.
serfs would work the field for their feudal lord for 4 days a week, they would work another plot of land for 2 days a week so they could farm what they needed to sustain themselves and they spent the last day resting/praying.
serfs didn't work for wages, serfs could provide for themselves and didn't really need to go out and buy shit to sustain themselves.
Capitalism is a new form of the economy, not something that has gone on forever. Previous economies were not run the same as they are run today.
We get two days off each week (and don't need to dedicate one to God), we don't need to work our balls off in the field, and we can just go to the store and buy shit that is seriously under priced because it is primarily built with labor that makes shit and lives in shit on the other side of the world.
Being poor sucks, it will always, suck, but feudalism is a very different mode of production than capitalism.
>>1035641 >>1035687 >>1035694 Same here, cashing up waiting for market to crash. It's funny because (at least in LA/OC area) real estate agents have been cooperating in forcedly driving up prizes on properties worth close to nothing. Absurd homes falling apart bought for 170-200k 4 years ago now are around 800k. All of this happens because of both chinese "investors" recycling their "government bonus" and happy american fuckers trying to make money out of it. Now china is in recession, no more cash (PRC law clearly states no more than 50k can be moved out of china per year..yeah sure)
>>1035641 I moved to Alaska forex trade built my own house live for next to nothing if economy collapses I have rocket mass heater that produces enough electricity for a day and 6 hours of gaming during cold winters ;) got guns for hunting only so I'm set bro bring it ;)
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