/r/REBubble
A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.
A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.
Rules:
1. No personal attacks against other /r/REBubble participants.
2. Absolutely no brigading of other Reddit communities.
3. No notifying "case study" crosspost OPs of their appearance on /r/REBubble.
4. No low effort submissions which serve only to troll or bait the REBubble community.
5. No politics.
/r/REBubble
You can’t buy another property until the first one is completely paid off
Started to look into real estate investment opportunities and were discovering markets that could be interesting. Created a simple interactive map to visualize Zillow and Realtor market data and discovered that inventory increasing in Florida and California for the year and has almost the biggest increase year over year. Looks like Midwest area is more affordable, but not so in demand.
If anyone interested, here is the map I was playing with:
So much for a RE Bubble
https://ktla.com/news/california/california-home-prices-just-reached-a-new-record-high/
What's the word on the street? Share your questions, comments, and concerns below.
Stumbled across this:
https://www.landlordstudio.com/blog/the-short-term-rental-tax-loophole
Is this one of the more important factors contributing to the current bubble?
What's the word on the street? Share your questions, comments, and concerns below.
How did your open house viewings go this last week? Heaven or hell? Sublime or subpar? Share your open house experiences!
As a guide, include the following for each Hoom (where applicable):
New listings rise, inventory does 2nd biggest jump on record. Toronto prices -15% from peak, but Vancouver only -3.4%, Calgary sets new high.
By Wolf Richter for WOLF STREET.
Former coworkers wife now working loans like this. Seems terrifying.