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They can't hold out forever (slrpnk.net)

submitted 1 year ago by andrewrgross@slrpnk.net to c/memes@lemmy.ml

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[–] MrQuallzin@lemmy.world 1 points 1 year ago

Also a millennial. Wife and I got our condo right before everything shot up, got a nice 3.25% APR. Great mortgage honestly. But we've been trying to sell our condo for a YEAR now and I honestly think it's the bubble holding back a sale. The condo is just too expensive for what it is (and the horrific rise of small community HOA fees has gotten way out of hand...). We're priced right compared to others on the market, but selling condos is just stupid hard right now.

Sure I'd love it if we could sell now and get some nice profits from the sale, but I absolutely agree this bubble needs to pop!