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 1 month ago by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world

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[–] HelixDab2@lemm.ee 22 points 1 month 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 1 month ago (1 children)

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

[–] HelixDab2@lemm.ee 2 points 1 month 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 1 month ago

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

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

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

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

So, early November should be good?

[–] Mango@lemmy.world 2 points 1 month ago

If you can clean up the yard that quick!