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

A massive bubble in the South is about to pop (lemmy.world)

submitted 9 months ago by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world

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https://x.com/nickgerli1/status/1810284154451378414

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[–] JoMiran@lemmy.ml 15 points 9 months ago (3 children)

I am currently in Florida and all I see are empty homes and "for sale" signs. Two weeks ago I stayed in Longboat Key and half to two thirds of the homes in the neighborhood I was staying in were for sale.

[–] Dkarma@lemmy.world 7 points 9 months ago

Cuz fl is a shithole

[–] shalafi@lemmy.world 3 points 9 months ago (1 children)

And I'm in NW Florida and am only aware of a single home for sale in my hood.

[–] JoMiran@lemmy.ml 3 points 9 months ago

That is the problem with stats that are zoomed out. It would be more helpful if you could visualize which counties and zip codes have the most inventory as well as the median "days on market".

[–] jonne@infosec.pub 2 points 9 months ago

Could this be in an area that's been deemed uninsurable? IIRC there's whole areas where you just can't insure your house any more.