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[ - ] yesiknow 0 points 1.9 yearsJun 20, 2023 21:26:52 ago (+0/-0)

God they can only count on brain dead morons who came out of our manipulative and incompetent educational system trying so hard to be as smart as they were told they are they'll believe anything authority tells them.

[ - ] Steelerfish 1 point 1.9 yearsJun 20, 2023 18:38:04 ago (+1/-0)

Tell that to any Florida resident.

Houses out here in Pinellas typically are sold within a week, many times cash offers well above market price from out of state investment groups with local buying agents.
We still get a knock on our door- ignoring the no solicitation signs- at least monthly from people who represent this property group or that investment firm saying they are buying in the area above market value. The real estate agents that are affiliated with them are just as aggressive.
It is damned near impossible for a family to buy what they want here unless they have an in with the seller or their agent…

.

[ - ] Sector7 2 points 1.9 yearsJun 20, 2023 18:42:51 ago (+2/-0)

Open the door and empty a can of pepper jel in their face.

[ - ] yesiknow 0 points 1.9 yearsJun 20, 2023 21:29:06 ago (+0/-0)

In Australia and Canada the bid over asking money comes from the Chinese Communist Party through individuals.

Idiots take the money and then find out they need more to buy their next house.

[ - ] bonghits4jeebus 1 point 1.9 yearsJun 20, 2023 18:13:31 ago (+1/-0)

Demand is demand. The amount of houses they end up buying is irrelevant. If they're raising the price of every single one then they're driving the market higher.

One thing that's fucked up is these offers are "all cash" while these investors are leveraged as hard as they can. So they get an advantage over ppl buying houses to live in even though they're also borrowers. The mechanism of tbe money transfers the banks engage in helps theor frieds. Jews.

[ - ] WanderingToast 1 point 1.9 yearsJun 20, 2023 17:55:17 ago (+1/-0)

A house should be a home - not an investment.

The only place for investment in the housing market is for large scale inner city developments.

[ - ] deleted 0 points 1.9 yearsJun 20, 2023 18:36:59 ago (+0/-0)

deleted

[ - ] chrimony 0 points 1.9 yearsJun 21, 2023 11:49:33 ago (+0/-0)

Why can't it be both?