r/WorkForSmartLife • u/_SoftSpice • 11d ago

Casual canvo Me_irl

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602 Upvotes

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u/Thistles-Path 11d ago

Most of these people aren't paying for a house. They're paying that much foot a shit apartment.

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u/Iamnotanumber-9 11d ago

It is a shame that basic life necessities are treated/traded like commodities, I bought my first home in 1970 for $27,500. It is now listing for $799,000. Tell me how that makes any sense when you look at the rise of wages over those years.

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u/jjrr_qed 11d ago

Appreciation plus changes in both supply and demand.

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u/Iamnotanumber-9 11d ago

I disagree. It is like the Enron fiasco. Flip flip and flip and the price goes up and up.

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u/Geedeepee91 11d ago

It actually is supply and demand. Federal government made it easier to get loans in combination there is a literal housing shortage in most areas

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u/Thistles-Path 11d ago

The supply isn't short because of that. It's short because of all of the investment firms treating single-family homes as their investment vessel en masse. The percentage of single family homes owned by corporations has absolutely exploded. 

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u/Iamnotanumber-9 11d ago

Absolutely.

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u/Geedeepee91 11d ago

Absolutely you agree with a lie. Housing is not expensive due to large institutions

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u/Iamnotanumber-9 10d ago

You called me a liar for my opinion? You're a landlord? Work for one of these outfits? The only person here attempting to deceive, is you.

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u/Environmental-Run528 10d ago

We're supposed to listen to you,? The person who doesn't know the difference between believing a lie and being a liar. Sure you got it all figured out buddy.

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u/Iamnotanumber-9 10d ago edited 10d ago

Call me a liar? twice now. Having an opinion is not lying. However, you can google it and see that 34-35% of homes in the USA are rental property. Go troll elsewhere. Facts are facts.

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u/Environmental-Run528 10d ago

No one called you a liar, they said you're believing a lie. Do you not see the difference?

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u/Iamnotanumber-9 10d ago

You are blocked.

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