https://www.newsweek.com/florida-homeowners-struggle-sell-their-houses-1912392Aquamarine?
Meanwhile, soaring insurance fees are also dissuading potential buyers from purchasing property as they add more costs to owning a home.
this post was submitted on 17 Jun 2024
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now you see climate change isn't a big deal because those who would be impacted can just sell their house and move
So does this mean super cheap houses for sale now or sellers wanting super high prices and that issue for the buyer?
Its price. Dad sold his house for ~120k. 4 years later sells again for 250k. Houses where I went to college went from 200k to 400k-500k. Its insane. These are like 2-3 bedroom houses too, in a decent area, but not the "best".
It's everywhere, not just Florida. House prices have doubled in my po-dunk little college town in rural Ohio, but nothing is selling. They aren't even pretending that prices are based on anything any more.
prices are based on the government's need to extract more housing taxes from people
Partially, but also heavily influenced by massive real estate companies and land lords.
Yeah, its bad. Where I'm at now has still seen like a 50% increase since I've moved 2-3 years ago.
Is this supposed to be high or low? I genuinely can't tell
And when was it
100k was pretty doable for workers where my dad lived. 200k is a stretch, basically destroys the "expendable" portion of a budget there. The 200k was near to Disney (within an hour), and pay was somewhat higher, so kinda doable for a lower-middle class person. 400k isn't doable for anyone but those interested in landlording. Monthly payments are higher then rents, and rents are already barely doable.