United States | News & Politics

4090 readers

183 users here now

Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

No pics of text

Memes are now allowed, as long as they're US centric, general political memes please see !politicalmemes@lemmy.ca

Post news related to the United States.

founded 3 years ago

MODERATORS

exposingfash@midwest.social

cm0002@infosec.pub

cm0002@lemy.lol

There Are 72% More Condo Sellers Than Buyers in the U.S. (www.redfin.com)

submitted 8 months ago by cm0002@sh.itjust.works to c/usa@midwest.social

3 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] TheAsianDonKnots@lemmy.zip 16 points 8 months ago (1 children)

Where I live they convert old apartments into “condos” (by name only) and try to sell your first apartment out of high school back to you for $350k… but very few people can qualify for a loan, so they sit empty.

[–] whiwake@lemmy.cafe 7 points 8 months ago

Oh man, they did this way back in ~2005 in Arizona. At the time, I laughed. But also at the time it was a 50k price tag and I didn’t want to be tied to AZ. I should have bought one then. Now, that’s just a dumb idea.

But, buying anything right now is dumb. Hold for half price. Yes, it will. Hold for half price.