Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?
Rofl 250k. I wish I could find a home that cheap. Just closed on a $1.16mil home out in butt fuck nowhere. It’s nothing special, just a 3 bedroom single with a tiny backyard.
Must be in California or near Houston? Or another large city I assume.
But, yea. Prices are doubled everywhere. Pre covid, I was getting ready to build a brand new 3k Sq ft house for around 200-300k.
Can’t even touch the plot of land for that right now. And… the price to build is basically doubled too.
~20 min away from the border of a major metropolitan area, yes.