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64
US Existing Home Prices were up 19% in the last year (twitter.com)
posted 3 years ago by lsdQ 3 years ago by lsdQ +64 / -0
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– stealydan45 2 points 3 years ago +2 / -0

It’s intentional. First they price everyone but private equity out of the market with skyrocketing prices. Then you bring new builds grinding to a halt to shorten supply and artificially increase demand by artificially jacking up lumber prices (we are here). Then you price people out of their homes with insane tax appraisals, forcing them to sell. Then you move them into their designated govt housing.

“You will own nothing and be happy.”

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– LordKekingtonEsquire 1 point 3 years ago +1 / -0

Exactly. This is spot-on and aligns with my theory. Thanks for posting.

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