this post was submitted on 07 Oct 2024
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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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submitted 1 month ago* (last edited 1 month ago) by SeattleRain to c/housing_bubble_2
 
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[–] SeattleRain 7 points 1 month ago
[–] kitnaht 17 points 1 month ago* (last edited 1 month ago) (2 children)

It'll be bought in less than a month. The land is worth that much. Some developer will come in and snatch that up, demolish the building, and put a new house on it; spend $100k on the house, and sell it for $600k 3 months from now.

[–] Today 16 points 1 month ago (1 children)

Or the storm will clear it for free.

[–] [email protected] 9 points 1 month ago

Perhaps the fire that is actively burning inside might speed up the process.

[–] [email protected] 1 points 1 month ago

It'll be bought in less than a month

Try less than a week. Check the zillow post, it's under contract accepting backups.

[–] [email protected] 9 points 1 month ago

Get it while it's hot!

[–] Pappabosley 2 points 1 month ago

It's even listed above zillows price estimate