Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain@lemmy.world

LOW INVENTORY (lemmy.world)

submitted 10 months ago by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world

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[–] HelixDab2@lemm.ee 22 points 10 months ago (2 children)

...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.

[–] RizzRustbolt@lemmy.world 12 points 10 months ago (1 children)

Actually, Aquaman is the one buying up all those properties.

[–] HelixDab2@lemm.ee 2 points 10 months ago (1 children)

What about Namor the Sub-mariner? Has he been locked out of the Florida market due to the prices?

[–] RizzRustbolt@lemmy.world 3 points 10 months ago

He's looking into upper east-coast properties in order to stay close to Sue Storm.

[–] Mango@lemmy.world 6 points 10 months ago (1 children)

Buy the dip! Sell it when people forget about hurricanes!

[–] AnUnusualRelic@lemmy.world 7 points 10 months ago (1 children)

So, early November should be good?

[–] Mango@lemmy.world 2 points 10 months ago

If you can clean up the yard that quick!