Housing Bubble 2: Return of the Ugly

cross-posted from: https://lemmy.world/post/18074698

Facing Renoviction? Here's Why

If you are facing or have recently faced a renoviction by a flipper or merchant housing dealer, you may not understand the reason: greed. I recently went through a renoviction and it took me some time to see the reason why: the commodification of housing.

Better put as how to double your return on idle money by simply evicting the vulnerable and artificially inflating housing costs.

Big shout out to the conservative faction of "god what's you to be richer at any cost" for bolting a moral veneer of piety to this cruel and commandment breaking (#8, #9, & #10) approach.

cross-posted from: https://lemmy.world/post/18081458

Everett True Comics community - The Outbursts of Everett True

One of these links should work for you:

• [email protected]
• The Outbursts of Everett True
• https://midwest.social/c/truecomics

Looks like @[email protected] started this a week ago. Examples of and discussions on the classic "The Outbursts of Everett True" 2-panel comics from the early 1900s, in which a portly man objects violently to everyday wrongdoing.

cross-posted from: https://lemmy.world/post/18000233

A $1 million starter home is now the norm in more than 200 US cities

The number of US cities where first-time homebuyers are faced with at least a $1 million price tag on the average entry-level home has nearly tripled in the past five years, according to new research.

A Thursday report from Zillow indicates that a typical starter home is now worth $1 million or more in 237 cities, up from 84 cities in 2019, underscoring America’s ongoing home affordability crisis.

“Affordability has been strained across the board,” Orphe Divounguy, a senior economist at Zillow, said. “We see the largest number of million-dollar starter homes in expensive coastal markets. We see them in markets with very low homeownership rates and we see them in markets with more building regulations.”