The trick is to sell in THIS market and buy in some OTHER market. Not an impossible trick, but not gonna work if you’re unwilling to move to someplace else… or rent for a while. Or “have planned ahead and bought something last year”.
MAGA is against this housing bubble scam.
All just the normal boom/bust cycle of the housing market.
The only time the housing market really matters is when you are getting into the market and when you are getting out.
The supply of homes is not as great as the demand; we’ve been there before. Will austerity bring prosperity or should we do something progressive to restore balance?
Well you heard it from @Kyrie Eleison first!: “Democracy sucks”
It explains so much of what motivates conservatives.
MAGAts can always get a run-down house on wheels, or mooch off Mama.
Some people have to become homeless before they bother to plan ahead…
Some people have to become hospitalized before they bother to vaccinate…
You can “flip” and come out better IF you increases your radius from the point of your sale. If you are anchored to an employer then count on a much longer commute and determine what it will do to your health and quality of life.
I have gotten two unsolicited offers to buy my house. I just don’t see how I will go from 2000sf to a Winnebago. No way I want to leave the area I have lived fr over 40 years.
Spot on Marty; as always — Thank you ♥
Not just MAGA, let’s have a real close look at monopoly capitalism and the folks who don’t purchase to live in, but rather have turned housing into just one more investment commodity.
I have paid off the original mortgage on my house and owe less than a year’s apartment rent on the second mortgage. Taxes, insurance, and utilities is less than $8000 a year.
November 20, 2017