In the process of buying a home in California. Can I say to all "investors" or flippers; fuck yourself with a broken batt.
People are asking for gold while the house is falling down. I saw a 1985 duplex, 1600sq, 3 bed, 2 bath, garage, and a hoa for $545k. The roof had a tarp and due to being a duplex, you have to repair 3200sq of roof. The neighboor did not want to chip in.
Someone bought that POS. So now a normal house in that area is going for $700k. Still 1600sq 3/2 bed/bath for $700k.
Owning more than 1 house should be taxed at 100%. Fuck landlord, flippers, and investors.
Please read Evicted: Poverty and Profit in the American City
https://en.m.wikipedia.org/wiki/Evicted:_Poverty_and_Profit_in_the_American_City