Yield-chasing investors are snapping up single-family homes, driving up prices

[SmarterthanYou]

The Real Estate Market is out of control, has been for many years

It's just about priced home ownership out of reach for a majority of Americans.

Home Ownership and even the rent on run down slum properties are not affordable to most Americans now.

Real Estate prices are souring like a rocket, and wages are more stagnant now than ever before!

It's time for the Federal Housing Agency to step up efforts that help AVERAGE AMERICANS back with a roof over their heads again- OR ABOUT HALF US ARE GOING TO BE OUT ON THE STREET- HOMELESS!

TOO MUCH OF THIS- RUNAWAY REAL ESTATE INFLATION!

AND NOT ENOUGH OF THIS- FAIR AND APPROPRIATE WAGES!

you can thank the FDR democrats for that fuckup

[SmarterthanYou]

Cawacko is not correct, by the way. The real estate market is soaring because of low inventory due to the pandemic curtailing construction, rising interest rates (= ppl want to buy NOW instead of waiting), and more young ppl entering the market for a home.

mostly wrong

[War=Peace]

Flippers/Investors: A huge part of the problem

[ThatOwlWoman]

mostly wrong

Talk to the hand. lol

https://www.noradarealestate.com/blo...t-predictions/

https://cristineclark.com/why-is-the...hot-right-now/

https://www.cnbc.com/2021/04/05/comp...e-brokers.html

https://myfox8.com/news/housing-mark...-asking-price/

[Matt Dillon]

The USA is a greed filled shit hole which cares nothing for people and society as a whole.

Hey! You stupid ignorant leftist fuck!

The reason rent is so high is because the government wants to make more money off the property than the owners.

Like twice or 3x as much. In order to not have go into debt to rent people houses, landlords have to increase rent to meet the city/county/parish's demands.

This is all fouled up. The government does not deserve that money, but they have the power, and demand that high price, and so everybody's (and I mean every fucking body's) rent gets jacked because the government is greedy AF.

If you don't like it, say something about it. Mob the motherfuckers, they deserve it.

They are cheating every single American that pays taxes and rent. They are fucking everybody, and nobody realizes it. Did you, you leftist retard? Of course not. You're fucking braindead.

You're all good with all that, amirite?
After all, the government demands it, no matter the harm to the people. You're all good with paying $1100/mo for rent vs. $550, huh?

Especially when taxpayer dollars have to subsidize that, which kicks it up to an entirely new and crazy level.

Things have changed since I was a young man.

One of them being how much taxes municipalities charge to citizens that rent property. Currently it is super-rape level (to be mild).

That drives the cost of living up for everyone.

[T. A. Gardner]

Hey! You stupid ignorant leftist fuck!

The reason rent is so high is because the government wants to make more money off the property than the owners.

Like twice as much. In order to not have go into debt to rent people houses, landlords have to increase rent to meet the city/county/parish's demands.

This is all fouled up. The government does not deserve that money, but they have the power, and demand that high price, and so everybody's (and I mean every fucking body's) rent gets jacked because the government is greedy AF.

If you don't like it, say something about it. Mob the motherfuckers, they deserve it.

They are cheating every single American that pays taxes and rent. They are fucking everybody, and nobody realizes it. Did you, you leftist retard? Of course not. You're fucking braindead.

You're all good with all that, amirite?
After all, the government demands it, no matter the harm to the people. You're all good with paying $1100/mo for rent vs. $550, huh?

Actually, rents are going up because government is forcing landlords to make up for lost revenue from deadbeat renters they can't evict and who won't pay their rent by getting it from those that are paying their rent. Landlords have bills to pay too but aren't able to tell their bill collectors to fuck off, like their renters are, because the government is making it illegal to try and collect the payments due.

[cawacko]

I can. That would be me. That's why the stock markets are up so high as well; it's one of the few ways to get a decent yield on investments.

Cawacko is not correct, by the way. The real estate market is soaring because of low inventory due to the pandemic curtailing construction, rising interest rates (= ppl want to buy NOW instead of waiting), and more young ppl entering the market for a home.

Sorry but it is correct. Low inventory is certainly playing a role over the past year but housing has appreciated greatly over the past decade due to low rates (and investors chasing yields). The big companies as referenced in the OP who are buying up all these single family homes didn't come about because of the pandemic. They have been around the past half dozen or so years looking for higher returns as the article referenced.

People have been calling this out for years now.

[Geeko Sportivo]

You've got a good point, has home prices climb faster than wages, at some point something will happen.

The place for everyone's investment for the last several years has been on the Stock Market. But, that may change.

As investors made out like bandits on the Stock Market, and as prices on real estate are soaring upward even faster, I believe we are going to see the stock market start to level out as many of these investors are eyeballing REAL ESTATE now and ready to take their fortunes out of the stock market and try to buy up everything in the Real Estate market they can get their hands on.

Fair warning for all you people with money vested in the Stock Market.

You can inflate stock prices- you can inflate real estate prices- and you can inflate the stock market to a point to where it all bursts eventually!

I just believe the Stock Market will be first! And then the Real Estate Market will eventually burst as well. If you purchased recently, you may already be paying more for your Real Estate than your property will be worth after this happens! GOOD LUCK!

[Matt Dillon]

Actually, rents are going up because government is forcing landlords to make up for lost revenue from deadbeat renters they can't evict and who won't pay their rent by getting it from those that are paying their rent. Landlords have bills to pay too but aren't able to tell their bill collectors to fuck off, like their renters are, because the government is making it illegal to try and collect the payments due.

That's a different subject.

I thought about going out of my way to provide affordable living for people, until I found out how much I'd be penalized for doing so.

Maybe if I let cows graze in all the yards of a trailer park.. hmm..

I'm looking for a workaround of their greed and bullshit, for a fact.

Pasture/trailer park is looking pretty good!
Ofc there's the live livestock on premises factor. How to work people with children into that? Hmm


Maybe the municipalities should get less greedy!
They are raping like 80% of Americans.

"Cost of Housing" is all on them right now.

[Jack]

Sorry but it is correct. Low inventory is certainly playing a role over the past year but housing has appreciated greatly over the past decade due to low rates (and investors chasing yields). The big companies as referenced in the OP who are buying up all these single family homes didn't come about because of the pandemic. They have been around the past half dozen or so years looking for higher returns as the article referenced.

People have been calling this out for years now.

Real Estate. A good hedge against ---> INFLATION.

[T. A. Gardner]

House flipping is still a hot thing for investors to do. The danger is for buyers as many flippers cut corners, use poor contractors, and accept shoddy work so long as it looks good to an inexperienced buyer. See it all the time.

Had to fix a condo come rental just today. Mis-wired master suite. All the receptacles were on the switch by the door, the required switched receptacle was not wired correctly, the smoke detector was mis-wired, and one bathroom had a non-GFI receptacle in it. There was probably lots more but I was there to restore power to the master suite only...

[Matt Dillon]

Real Estate. A good hedge against ---> INFLATION.

All that is about done. Big Joe Biter is your way forward.

[Lightbringer]

The biggest problem with real estate is the purchasers. They don't know when to say No and walk away.

[Trumpet]

The place for everyone's investment for the last several years has been on the Stock Market. But, that may change.

As investors made out like bandits on the Stock Market, and as prices on real estate are soaring upward even faster, I believe we are going to see the stock market start to level out as many of these investors are eyeballing REAL ESTATE now and ready to take their fortunes out of the stock market and try to buy up everything in the Real Estate market they can get their hands on.

Fair warning for all you people with money vested in the Stock Market.

You can inflate stock prices- you can inflate real estate prices- and you can inflate the stock market to a point to where it all bursts eventually!

I just believe the Stock Market will be first! And then the Real Estate Market will eventually burst as well. If you purchased recently, you may already be paying more for your Real Estate than your property will be worth after this happens! GOOD LUCK!

You maybe right.

[Jack]

All that is about done. Big Joe Biter is your way forward.

I think it's just getting started. Real Estate holds it's value, Cash Money, not so much.