Every single one is over priced.
this post was submitted on 14 Oct 2024
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Housing Bubble 2: Return of the Ugly
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That’s what I was thinking. Like damn those are some high prices to play chicken with hurricanes and sea level rise.
But if global warming causes significant sea level rises, you can just sell your house and move somewhere else, right? I mean isn't that what Ben Shapiro advises? Not that anyone would buy underwater land, but Ben Shapiro thinks so.
Just one problem there, Ben! To whom? FREAKIN AQUAMAN?!!!
Ben is a dimwit for publicly insulting black mermaids, one of the potential homeowner demographics.
Anyone still living in Florida at this point thinks they've still got decades before things get really bad. These people think they're the "smart" ones getting ahead of the curve and selling before the prices drop. I hope they're wrong, but honestly, there are probably a decent amount of wealthy idiots that believe climate change is a hoax and are looking to grab some nice beachside property while the "suckers" are leaving.
...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.
Actually, Aquaman is the one buying up all those properties.
What about Namor the Sub-mariner? Has he been locked out of the Florida market due to the prices?
He's looking into upper east-coast properties in order to stay close to Sue Storm.
Buy the dip! Sell it when people forget about hurricanes!
So, early November should be good?
If you can clean up the yard that quick!