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sardoodledom_autism t1_j2dr56l wrote

Housing - decent sized single family home on a 1/4 acre of land made out of materials that won’t fall apart. I’m watching houses right now built in the 2005-2008 housing bubble absolutely need to be gutted because all of the cheap materials are toxic or ruined. It costs as much to renovate these homes as it did to build them

Edit: my point in builders are over building again using the cheapest shit possible

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vidgamerjon t1_j2dsjek wrote

I can believe this. I completely remodeled my house in '14. Paying out the ass for it. And it's falling apart. I should've left it like it was in the 70s and I'd be fine.

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sardoodledom_autism t1_j2dwadq wrote

It blows my mind that houses built 15 years ago are falling apart while houses built 50 years ago look like new.

And guess which ones we tear down first ?

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SoundVU t1_j2dwbez wrote

A fourth of an acre of land. Hahaha.

cries in Californian

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Skyblacker t1_j2drqe0 wrote

Not according to r/REBubble

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Dizzyeer t1_j2dtdzb wrote

That sub is about a bubble popping tho, specifically short term housing trends

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Skyblacker t1_j2due1g wrote

It also touches on longer trends like demographics. Baby Boomers dying off and Millennials having less children is going to affect housing supply and demand for the next generation.

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mchistory21st t1_j2dyfyv wrote

And housing speculation. Not just flippers, but equity companies buying large numbers of homes to turn them into rental properties.

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Skyblacker t1_j2e0em8 wrote

Those companies are dumping properties as we speak. In a bubble, speculators are the last in and first out.

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