So when’s the housing bubble bursting?
- Thread starter Dr. Truth
- Start date
I am up here in Utah/SLC area tonight.
Earlier I had seen a number of billboards saying you can “Co-Own” a home and have 1/8 ownership.
Anybody know what that is about? First time seeing something like that.
Is it like a timeshare or is it some new crazy shit these nutjob Mormons are doing to get their big ass families into a home.
Earlier I had seen a number of billboards saying you can “Co-Own” a home and have 1/8 ownership.
Anybody know what that is about? First time seeing something like that.
Is it like a timeshare or is it some new crazy shit these nutjob Mormons are doing to get their big ass families into a home.
Eviction ‘Floodgate’ Has Opened In NYC Adding To Housing Crisis
Eviction 'floodgate' has opened in NYC due to rising rents, end of pandemic era rental aid. There have already been close to 600 tenants with eviction warrants executed against them since the new year started.
Eviction 'floodgate' has opened in NYC due to rising rents, end of pandemic era rental aid. There have already been close to 600 tenants with eviction warrants executed against them since the new year started.
'No showing of property at seller's request': Land value behind $10.5M listing for Vancouver teardown
A modest, four-bedroom, two-and-a-half-bathroom home on Vancouver's west side is currently listed for sale for more than $10 million, but prospective buyers aren't allowed to take a look inside.
just like that tiny house shit going on in other places. Bigger than a skip at least.
That price drop is not indicative of a shift in the market.
That condo has a HOA fee of $641/month. Anyone that can afford 600k at 7% with $641/month on top of that can get a nice 700k single family home 5 minutes away. There aren't enough people with that kind of money who are willing to live in a one bedroom condo just so they can walk to the beach.
I would like them to show, for instance the home in Idaho, what the equity would be in 10 -15 years though....
Canada’s building codes are a mess, and the climate era’s coming
Last month a horrific earthquake in Turkey made it clear that outdated building codes—or non-compliance with updated codes—can turn a normal disaster into an historic one. And while Canada may not have the same earthquake risk or code non-compliance that Turkey has, we have our own problems...
thebigstorypodcast.ca
'No showing of property at seller's request': Land value behind $10.5M listing for Vancouver teardown
A modest, four-bedroom, two-and-a-half-bathroom home on Vancouver's west side is currently listed for sale for more than $10 million, but prospective buyers aren't allowed to take a look inside.
What happens next after the Bank of Canada held interest rates?
The Bank of Canada announced Wednesday it would hold its key overnight rate at 4.5 per cent after eight consecutive interest rate increases – and experts said the pause could last throughout 2023 as the bank watches the economy responds to its policy moves so far.
Vancouver realtor says holding key rate could provide 'sense of stability' to slumping housing market
Many mortgage-holding homeowners are breathing a sigh of relief with news the Bank of Canada is keeping its key interest rate at 4.5 per cent.
How “15-minute cities” somehow became evidence of a huge global conspiracy
It’s such an innocuous term, intended to define a metropolis with neighbourhoods that are walkable and livable for citizens. It’s been around for a long time as a theory, and it’s one well worth discussing. Except you can’t discuss it anymore, at least not rationally. First in the United...
thebigstorypodcast.ca
This Silicon Valley Bank issue is going to have a major effect on the job market here in the Bay. A lot of our highest paid workers are in Tech. Big Tech already laid off thousands but the layoffs from this will be without severance packages. The Housing downturn is going to come sooner than thought.
Wall Street has purchased hundreds of thousands of single-family homes since the Great Recession. Here's what that means for rental prices
Corporations backed by private equity groups such as Blackstone and Pretium Partners bought tens of thousands of homes across the U.S. Sun Belt.
This is scary...I know rates are high now and etc., but 40% of single family homes being owned by institutions in 7 years is SCARY ASF
Does it matter? That shit is still high and keeps going back up.
Market still tight in my area. Haven’t done a pre approval yet. No need when there are houses we don’t want on the market. 
Credit and financial wise, I'm super ready.
Credit and financial wise, I'm super ready.
Only person getting fucked in this scenario is YOU annnnnd your ex gf who fucking some new thang while you foot the bill for the property she ditched you with. Can’t make this shit up.
Canadian home sales drop 40 per cent in February compared with year ago
The Canadian Real Estate Association says homes sales in February dropped 40 per cent compared with a year ago.
Land lift: How Vancouver zoning policy creates multi-million-dollar teardowns
When the city rezones a property to allow more density, its value can increase many times over, basically overnight. Vancouver has a strategy for dealing with that fact. Is it still working?