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z0mbiemechanic t1_j8gpsrt wrote

Not to mention banks letting houses sit until they are so expensive to repair, the only people buying them are investors who fix them then jack the price up so high that no one can afford them. House goes into foreclosure and there's still 100k owed, by the time anything happens the house sells for 15k. How does that make any sense? There's house all aroubd my small town like this. It's even worse in the bigger towns/cities near me. It's a fucking shit show.

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See5harp t1_j8gqdql wrote

I def get like the idea you can make houses cheaper to build and maybe make it more affordable for the ones already in the market but like I feel like in many cities there is def places to buy or rent. The issue isn’t inventory of houses it’s affordable houses. Just seems like this is just going to increase profit margins for potential buyers.

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IGoByDeluxe t1_j8gwg4z wrote

"a new apple store opened up 5 blocks down, time to jack up the rent and do some evictions!"

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