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this post was submitted on 28 Jul 2024
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chapotraphouse
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Rent and housing costs are up 150-300% in my area. Liberals don't give a fuck because they either already own or are slumlords themselves. Death to America and it's "real estate investment" market.
I don’t feel a shred of sympathy for them but it is funny that they’re excited about their home values going up when it means they’re paying like $300 more a month in taxes… and if they sell and buy a new home the “gains” in their home value are instantly wiped out by the inflated price of their new home. The system isn’t really working for them either but stock market brain prevents them from understanding this.
Yeah that’s the problem my brother has. He’s got a “cozy” starter home he’s outgrown but between home values going sky high and increased interest rates, it’s simply not economically feasible to get a new home.