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Coronavirus. Your thoughts? [Serious and Non-Serious]

verucassault
@kyros96 LOL Pirate. We've just started house shopping here and honestly, it crossed our minds several times.
kyros96
mate, can u believe how many old people that literally do not need a house or appartment near a city, own one- and rent it out to make money? i personally think that apartments and houses next to cities should be owned by the gov, and be given to the worker class. and any old people that become retired should be shipped off in the middle of nowhere to a nice house in some valley. it's not like they need to be close to a city to go play casino.
verucassault
I'm quite ticked that companies here let foreign entities buy real estate. Houses and such. What foreign country owns the most US real estate? In 2014, China supplanted Canada as the source of the largest share of foreign buyers of U.S. residential real estate, according to data from the National Association of Realtors. In 2018 dollars, Chinese buyers accounted for roughly 25% of total foreign investment in U.S. residential real estate.May 16, 2019
verucassault
^It's not the biggest problem with US housing, but it sure doesn't help.
jc21095
I've never noticed that with old people and I work with a lot of them, most of them just wanna sell the house so they can retire.
jc21095
What annoys the crap outta me is when house flippers buy houses cheap and sell them for double because they repainted
jc21095
They buy quick too so it doesn't even give us normal people the chance to get a house at a reasonable price
verucassault
Even in Covid Atlanta is still growing rapidly. The area we live in, straight up can't afford a new house. They are at least 500K. So we are shopping a couple communities over and the ones there look like absolute shit. Like a house that shouldn't cost more than 150K and they are only sitting on the market for 5 days if they look nice and going for 300K+.
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