this post was submitted on 05 Apr 2024
1062 points (97.5% liked)

Not The Onion

12358 readers
287 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

  1. Links to news stories from...
  2. ...credible sources, with...
  3. ...their original headlines, that...
  4. ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 1 year ago
MODERATORS
 

(water is wet and fire is hot).

you are viewing a single comment's thread
view the rest of the comments
[–] Asafum@feddit.nl 3 points 7 months ago

It's not "they," I've been watching my local market because I had been looking to buy.

One simple, extreme example: a piece of shit shed masquerading as a house sold for 65k in 2016 then in 2021 the asshat that bought it put it on the market for 190k

In what universe is that even a reasonable increase? It wasn't 40 years, it was a direct reaction to "supply and demand." Real estate agents were telling my friend who actually had the money to buy "if a house is on the market for more than 5 days there's something wrong with it."

That's not a normal situation affected by decades of increases.