Synchwave1
Synchwave1 t1_je4jgh4 wrote
Reply to comment by cheesusbreezus in Would you buy a house in RI right now? Why or why not? by TransitionSea9480
This grant will be gone before anyone seeing it gets under contract.
Synchwave1 t1_jdsced3 wrote
Reply to Dmv by RI-Transplant
Everyone getting new plates with updated registrations. Can you borrow some plates for a couple days?
Synchwave1 t1_jbt186w wrote
Reply to comment by relbatnrut in Fane Tower project in Providence is dead by Ph886
Affordable housing is important from a humanitarian perspective and a horrible investment. For a city facing long term budget deficits, it can’t afford to give up prime land targeting individuals who will provide very little to the economic growth and stability of the city.
It’s not the kindest take, but it’s reality.
Synchwave1 t1_jbt0mm9 wrote
Reply to comment by lightningbolt1987 in Fane Tower project in Providence is dead by Ph886
Well said. The constant perception of fiction vs reality. People are always so negative towards development. Reality is it ever as bad as most want to believe.
Synchwave1 t1_je4jpac wrote
Reply to Would you buy a house in RI right now? Why or why not? by TransitionSea9480
It depends how you view the forward outlook of the state. Historically, things start West and work East. By that measure, the east is a ways away from the values seen in places like California heading into parts of Canada. People get bogged down in what should be or what they think. Reality is as “inflated” as home prices are, limited supply met with unlimited demand means price will keep going just at a slightly lower rate than we’ve seen the last few years as market has to adjust to interest rates.
If you’re buying for long term or an investment, now is always the best time to buy real estate.