Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

LOW INVENTORY (lemmy.world)

submitted 2 months ago by SeattleRain to c/housing_bubble_2

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[–] [email protected] 22 points 2 months ago (2 children)

...And how many people are actively looking to buy a home in this area?

If you have 50x as many people that want to buy as there are people that want to sell, then yes, this is low inventory. And while I might think it's stupid as fuck to buy a house on the coast in Florida, people are--apparently--doing exactly that.

[–] RizzRustbolt 12 points 2 months ago (1 children)

Actually, Aquaman is the one buying up all those properties.

[–] [email protected] 2 points 2 months ago (1 children)

What about Namor the Sub-mariner? Has he been locked out of the Florida market due to the prices?

[–] RizzRustbolt 3 points 2 months ago

He's looking into upper east-coast properties in order to stay close to Sue Storm.

[–] Mango 6 points 2 months ago (1 children)

Buy the dip! Sell it when people forget about hurricanes!

[–] AnUnusualRelic 7 points 2 months ago (1 children)

So, early November should be good?

[–] Mango 2 points 2 months ago

If you can clean up the yard that quick!