this post was submitted on 15 Jun 2023
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[–] PEnorman@beehaw.org 1 points 1 year ago (1 children)

Empty overpriced housing makes me sick honestly. It stifles the economy and social mobility of everyone so much as well (by design probably lol).

[–] worfamerryman@beehaw.org 1 points 1 year ago

When they offered to sell the house, at first I was excited, but then then the selling price was like 3x more than I expected. I didn’t even respond to the realtor. There are also a bunch of vacant units for run and for sale.

I think the price is so high because rich people were tricked into buying an investment property which they could not rent and now they are stuck with a huge loan.

And I don’t mean rich like they can afford to lose 200k. I mean like upper middle class who really need to sell for the amount of their loan.