Results 8,201 to 8,225 of 26889
Thread: Real Estate Crash thread
-
03-19-2020, 11:51 AM #8201
Getting a lousy education, then spending a lifetime pitted against your fellow workers in the gladiatorial theater of the free market economy does not make for optimism or open mindedness, both hallmarks of liberalism. It makes for a kind of bleak coarseness and inner degradation that allows working people to accept the American empire's wars without a blink.
I've read it. I actually own a copy, maybe I should re-read it. I'm sure it's just as true a decade later. Maybe more so.
I should add that most of the people I'm seeing moving to small town pnw are generally coming from 'liberal' big cities (Seattle, Portland, Bay Area) and from both ends of the income scale.
-
03-19-2020, 12:08 PM #8202
-
03-19-2020, 01:27 PM #8203
Real Estate Crash thread
The garbage dump may have turned into a recycling center
But it looks exactly the same
The same broken bed frames, soggy cardboard, gulls
Same trash I saw here when I was a kid
In fact, this used to be our playground
In American Canyon
Where Walmart employees and customers are one and the same
They've even built apartments here to add a residential coffin to the bargain
Guess I'll stay forever and work for the company store
Where are you? Where are you? Where are you?
Where are you? Where are you? Where are you?
Where are you? Where are you? Where are you?
Where are you to share these spoils, this sacred American trash?
Black as my soul is, don't leave me here alone
Here to fall into the bottomless canyon of nightmares
Falling, falling, falling
Falling, falling, falling, falling, falling
Falling, falling, falling, ooh yeah
Falling, falling, falling, falling
Falling, falling, falling, falling
In American Canyon
Where trucks and homes are bigger
And the cops are mostly white
And they have a recycling center
And a Walmart
-
03-19-2020, 01:44 PM #8204
I'm now acutely interested in how this plays out. I'm moving to Las Vegas this summer. Originally our plan was to be looking now so as to buy a house we could move into either in Boulder City or in Henderson on the edge of Sloan Canyon. Vegas seems like it will be particularly hard hit by this economic turmoil, so I'll be holding off on buying, but I'm curious as to the time frame of the dip. We'll probably rent for at least 6 months and see where things go.
My job isn't travel/casino related (I'll be creating a Data Science program at Nevada State), so a dip in real estate prices may benefit me. We were looking in the $375k +/- 50k range, but what falls into that range will likely change a bit to the positive. Or I might be able to buy the same type of house that was on the market for mid-high 3s previously for less and look for bargain cabins at altitude near Brian Head or Flagstaff.
The same school tried to hire me last year, but I ended up declining. That might end up being very fortunate as I ended up with a 10% better offer and likely more of a buyer's market, but we shall see.
-
03-19-2020, 01:55 PM #8205
Lucky you. Vegas is a ghost town right now.
-
03-19-2020, 02:16 PM #8206
-
03-19-2020, 03:06 PM #8207
-
03-19-2020, 03:33 PM #8208
-
03-19-2020, 03:57 PM #8209
hah, gross. the timing sounds wonderful.
-
03-19-2020, 07:02 PM #8210
-
03-19-2020, 08:16 PM #8211
Nobody is bailing out home owners silly. Government handouts are for the well connected and corporations donating to Dumps. Fuckin Blackrock made a bazillion dollars buying up all the foreclosures last time around and they and companies like them are slathering at the bit to do it again.
-
03-19-2020, 08:42 PM #8212User
- Join Date
- Oct 2003
- Location
- Ogden
- Posts
- 9,109
Yeah, we can afford to let the 2nd home sit 100% of the time we aren't using it, even if it's uncomfortable. So long as we both keep jobs. And for the record, this isn't supposed to be a 2nd home forever, just for a few years until we can leave Utah and sell the primary home. But now it just seems like there are too many unknown variables to plan for.
-
03-19-2020, 09:03 PM #8213"When the child was a child it waited patiently for the first snow and it still does"- Van "The Man" Morrison
"I find I have already had my reward, in the doing of the thing" - Buzz Holmstrom
"THIS IS WHAT WE DO"-AML -ski on in eternal peace
"I have posted in here but haven't read it carefully with my trusty PoliAsshat antenna on."-DipshitDanno
-
03-19-2020, 09:17 PM #8214Funky But Chic
- Join Date
- Sep 2001
- Location
- The Cone of Uncertainty
- Posts
- 49,306
Nah even the saints wouldn't help this, who in their right mind would go tour through somebody else's house right now? We're resigned to having nothing happen for a long time but we're gonna just leave it listed so it shows up on the internet.
-
03-19-2020, 09:20 PM #8215Registered User
- Join Date
- Mar 2008
- Location
- northern BC
- Posts
- 30,885
Fuck ya RE is gona tank, you don't shut down the world and nothing happens
The GF has been running nice little airBnB in her house and thats done
duno how her studio is going to surviveLee Lau - xxx-er is the laziest Asian canuck I know
-
03-19-2020, 10:20 PM #8216Registered User
- Join Date
- Jan 2020
- Posts
- 56
-
03-19-2020, 10:30 PM #8217Registered User
- Join Date
- Mar 2008
- Location
- northern BC
- Posts
- 30,885
-
03-20-2020, 12:11 AM #8218
-
03-20-2020, 06:11 AM #8219Banned
- Join Date
- Oct 2003
- Location
- In Your Wife
- Posts
- 8,291
-
03-20-2020, 06:13 AM #8220
-
03-20-2020, 06:24 AM #8221Banned
- Join Date
- Oct 2003
- Location
- In Your Wife
- Posts
- 8,291
I'm also surprised that there is someone willing to perform a service like that right now. All of the private inspection companies I'm in contact with around here have stopped doing any work in occupied homes, and my jurisdiction put the same measures in place earlier this week.
I had someone lose their mind when I told them I wouldn't be coming to look at their new furnace. After this individual sent multiple emails and voicemails to my boss and the department director about the "Covid19 conspiracy," my laziness for not being willing to perform the inspection when they're "trapped at home by the governor" and emails in all caps demanding to know "WHAT IS REALLY GOING ON?!" I'm confident I made the right choice not being alone in a house with that person.
If you ever wanted to replace your own wax ring all willy-nilly, now's the time. You heard it here first.
-
03-20-2020, 06:33 AM #8222Registered User
- Join Date
- Oct 2007
- Posts
- 12,609
-
03-20-2020, 06:44 AM #8223
That's decided upon by market value. Doubtful a bank is going to sign off on February's values. Whole new world coming up. Maybe the same, maybe not.
-
03-20-2020, 06:56 AM #8224Registered User
- Join Date
- Aug 2007
- Location
- United States of Aburdistan
- Posts
- 7,281
We are getting an appraisal done for a refinance. I’m only slightly worried if a guy walks through our house, I presume he will wear gloves and won’t take long. It’s pretty obvious the house is not a shithole and worth financing. Wife and I will talk it over before he comes, I’m sure.
There are about 80 cases in our county, out of 1.1 million total people, risk is low. But if no appraiser Is taking jobs, fine, it’s worth trying to refinance save a shitload of money. Hopefully its not all for nothing.
-
03-20-2020, 07:02 AM #8225Registered User
- Join Date
- Apr 2010
- Posts
- 805
Bookmarks