Real Estate Crash thread

[fastfred]

And all the time I was looking for a guy with an "Ithaca is Gorges" t-shirt.

I've got one don't worry
usually do the willie nelson hair braid when I wear it around town

[Timberridge]

Ok. Look for a guy with an "Upstate as Fuck" t-shirt. I'll have change.

[skifishbum]

i had this hippie handbook from the 70's back in highschool
it had what hdt woulda needed to do and the costs to build the walden crib back then
i cant imagine how much thats gone up
and how fuckin pissed hed be

[fastfred]

the yuppies kicked the hippies out of nederland decades ago

the yuppies are kicking the white trash out of ward

nothing is sacred anymore

[Buster Highmen]

i had this hippie handbook from the 70's back in highschool
it had what hdt woulda needed to do and the costs to build the walden crib back then
i cant imagine how much thats gone up
and how fuckin pissed hed be

Whole Earth Catalogue?
Divine Rights Trip?

[CascadeLuke]

Weren’t you calling the peak and saying rent instead of buy two - three years ago?

Somebody wins. Somebody loses. There are no free passes. He was wrong and should own it.

Sure did. I’ve said various times since while I thought such and such the market was moving and giving data points. The pandemic is/was a wild card. It’s only hardened my view that we’re in a melt-up. And 4matic just bought at peak. Enjoy

[AdironRider]

Local community FB page is all up in arms about the asphalt plant by the dump operating. Loudest voices are the dipshits who just bought in the couple years. This plant has been there since at least the 90's.

As if placing it in a zoned industrial area next to the dump isn't actually the perfect spot for that thing to go.

[Peruvian]

Based on what I'm seeing in the local RE market, prices are softening. Even the downtown condos that are in very limited supply are getting price drops. I guess the flood of Covid refugees from the big cities are slowing their entry into the Green Mountains or maybe even turning back around after realizing that 'you can't find a good bagel' or 'it's so cold'.

[skaredshtles]

The west has drought, wildfires, hazardous smokey summers, earthquakes, volcanoes, lahers, overcrowded ski areas, overcrowded trailheads, national parks that have turned into gross disneylands, homeless camps in the bigger cities and a few other fun problems I can't think of off the top of my head.

And our home values are going up daily somehow.

It just goes to show how shitty the Midwest, South, Southeast, and East are.

[fastfred]

Local community FB page is all up in arms about the asphalt plant by the dump operating. Loudest voices are the dipshits who just bought in the couple years. This plant has been there since at least the 90's.

As if placing it in a zoned industrial area next to the dump isn't actually the perfect spot for that thing to go.

there is a shooting range by our dump
people want it closed down it's been there in one form or another for decades
so they close the shooting range down and everyone just starts shooting in the woods
people flipped over a proposed gravel pit cited traffic and trucks on the highway and all kinds of bullshit well now we are going to be hauling aggregate even longer distances
when you got yours you don't care about anyone else

facebook is a cesspool btw

[Toadman]

So state and local governments haven't passed laws that have severely restricted the supply of housing?

The government regulates everything. Some industries more than others. FFS, you want people building houses in Yellowstone NP? Please, stop with the nonsense.

[Toadman]

had to google what a zoomer is silly me
they are the new hate on generation I guess?
I still like wearing my ok boomer shirt around town if you see me in breck ask for change for a nickel

Dude, inflation! Time to ask change for a dime.

[RoooR]

The government regulates everything. Some industries more than others. FFS, you want people building houses in Yellowstone NP? Please, stop with the nonsense.

I like how every response to this is pure hyperbole. If we let developers build apartments and condos in dense downtown areas then surely the next step is toxic waste dumps and houses in national parks!

[4matic]

Sure did. I’ve said various times since while I thought such and such the market was moving and giving data points. The pandemic is/was a wild card. It’s only hardened my view that we’re in a melt-up. And 4matic just bought at peak. Enjoy

I know I did and said I overpaid 10-15%. It’s not an investment and I consider it more like a Ferrari. If it goes up great if it goes down I enjoy the ride.

Getting ready to rate lock. Maybe today.. was hoping for a big move down in stocks to juice bonds a tick or two.

[Buster Highmen]

I like how every response to this is pure hyperbole. !

On this, you're full of shit. Except in the reflexive case.

[Toadman]

I like how every response to this is pure hyperbole. If we let developers build apartments and condos in dense downtown areas then surely the next step is toxic waste dumps and houses in national parks!

Well, there you go, regulations...Problem solved.

[RoooR]

Well, there you go, regulations...Problem solved.

It's the regulations preventing building density. Preventing unrelated people from living in the same house.

[skifishbum]

Whole Earth Catalogue?
Divine Rights Trip?

the whole earth catalog sounds familiar im gonna search it was by chapters and the walden thing was in the housing chapter i think
it was good
shit made me a lefty

[Conundrum]

It's the regulations preventing building density. Preventing unrelated people from living in the same house.

There's plenty of places in the US where you can build whatever you want and live how you want to. Problem is people don't want to live there or are not self-sufficient enough to support themselves without others. Except the Amish.

If you can't take care of yourself, maybe you need a few rules to help keep you alive.

[Meadow Skipper]

I know I did and said I overpaid 10-15%. It’s not an investment and I consider it more like a Ferrari. If it goes up great if it goes down I enjoy the ride.

Seriously, not every purchase has to be a fucking investment/bargain. Sometimes I just buy shit because I like it.

[Meadow Skipper]

It's the regulations preventing building density. Preventing unrelated people from living in the same house.

Yeah, that’s not hyperbole.

Do yourself a favor and walk away from the ‘puter for a while.

[snapt]

Local community FB page is all up in arms about the asphalt plant by the dump operating. Loudest voices are the dipshits who just bought in the couple years. This plant has been there since at least the 90's.

As if placing it in a zoned industrial area next to the dump isn't actually the perfect spot for that thing to go.

That was pretty darn funny, 'please sign our petition for DEQ!' Community page has been pretty darn funny of late, 'it's smoky out do we need to get ready to evacuate?!'

[RoooR]

If you can't take care of yourself, maybe you need a few rules to help keep you alive.

And not allowing me to sell my house to a developer or rent all my extra bedrooms to people I'm not related to does that how exactly?

[Meadow Skipper]

Moar post-padding: Devine Right, the guy that got everywhere by walking sideways like a crab.

[Buster Highmen]

It's the regulations preventing building density. Preventing unrelated people from living in the same house.

I do think the restrictions on unrelated people is bullshit in general as well. But sometimes, density restrictions are appropriate, that one depends.

It's your government too. Get out there, make some good arguments (we're still waiting) and change the regulations.

Of hyperbole though, your 100% is just a little bit hysterical.