Austin homeowners "screwed" as housing market sales plunge (www.newsweek.com)

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

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[-] hk_a@lemmy.world 9 points 1 week ago

They buried the real information which is that prices have increased 11.6 percent!

[-] AnUnusualRelic@lemmy.world 2 points 1 week ago

Only 11.6? It's crashing! It's crashing!

[-] CodexArcanum@lemmy.world 8 points 1 week ago

This is real estate FUD that reads like it's for private homeowners but is actualy for investors concerned that homes are about to crash as vehicles for wealth. Written by an investment advisor in London.

[-] riodoro1@lemmy.world 0 points 1 week ago

Fuck them. Thats what they get for treating homes like investment instruments. It should’ve been guillotine but…

this post was submitted on 05 Jul 2024

12 points (83.3% liked)

Housing Bubble 2: Return of the Ugly

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