• Lightor@lemmy.world
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    17 days ago

    I think the only people who should own homes are individuals

    This so hard!

    I %100 feel like this is more of the same: corporations controlling basic needs to extract every dollar they can from people. Renting makes sense, if you can’t afford a home you can at least have a place in the intrum. But with companies controlling the entire housing market, this is textbook late-stage capitalism when you don’t have a choice. No longer is there competition, they are all working together.

    • glimse@lemmy.world
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      17 days ago

      Yeah… it’s all super fucked. I just sold my condo (short sale during the last collapse) and am staying with family in the meantime but I am struggling to find a house that won’t cost 2/3 of my above-average income. I have a 180k down payment to offer. Prices are that insane by me.

      I feel guilty saying it because innocent people will suffer…but I am praying for another collapse. Or at least for homes to go back to normal prices.

      • Cort@lemmy.world
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        17 days ago

        I think prices are starting to come back down in my area. I’m seeing homes on Zillow that were bought a year ago put up for rent. Prices are reduced every other month and it still won’t rent, so they’re selling it.

        • glimse@lemmy.world
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          17 days ago

          I’m anxiously waiting. Prices have barely dropped here but the inventory basically disappeared. I have a huge search radius and get 1-2 listings a day max