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Seriously, is this a bubble? Moved down south for work a year ago and beautiful 2200sqft homes on 5 acres were going for 100k in bumblefuck in the middle of nowhere. Same property doubled in price now that I'm in the market.

What the fuck is going on?

Seriously, is this a bubble? Moved down south for work a year ago and beautiful 2200sqft homes on 5 acres were going for 100k in bumblefuck in the middle of nowhere. Same property doubled in price now that I'm in the market. What the fuck is going on?

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[–] 4 pts

The debt note that your using to buy real, tangible, assets is taking a shit as the money printer is going brrrt.

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Asset reallocation by wealthy, because inflation is coming

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I hope that this isn't true because if it is, I'm gonna have to settle for the first shithole that I can find. Most likely next to a chicken broiler.

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Exactly. You'll be guarding an estate for scraps

[–] 4 pts

Normies running from commie run states

[+] [deleted] 4 pts
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Look at the prices of property in cities, same trend. Realestate just going up in general and there's no inventory to meet demand. I thought, maybe, low rates coupled with everyone getting their gibsmedats from the fed is driving it. Shame on me for feeling this job out before looking at realestate.

[–] 1 pt

Big companies moving to better places. Roaches running from their shitholes. Both drive prices upward.

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Than why is realestate in commie jew run cities rising too? Someone mentioned inflation, and I think this is spot on. If its inflation driven then I'd be fucking stupid not to scoop something up asap.

[–] 0 pt (edited )

Food prices are good inflation indexes. Last I looked, food prices have risen 17% over 1 year, but inline with the stupidity of the kungflu shit.

More likely market manipulations than run away inflation.

Historically Jews destroy economies and then buy everything up cheap. This also drives prices back up. There is definately market manipulation going on in the NE.

my neighbors 75k house just sold for 285k.

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Hyperinflation of the usd has begun

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Over in CA China is inflating all property values. Might be doing this across the country in key areas. China really wants normal folk priced out of the coastal markets, they need the ports.

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Bill Gates just became the largest farmland owner. There is no limit on how much property rich people can buy.

Also, you didnt really think a 1000sqft condo in the city was more valuable than a farm on 100 acres did you?

When the lights come on, roaches scatter.

and people are tired of urban vampires, looking to hedge against the purge, etc.

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No, I dont. When I think of realestate I think of tenable land. Everything else is practically useless.

I'm saying that it is a market wide trend and not just with niche land out in the country. Every single piece of property, especially down here, has increased by atleast 50%. I'm no city boy. There is something going on in the market and I'm trying to figure it out before I decide to buy. I used to rely on voat for insight on this but it seems like poal is full of a bunch of useless faggots that want to jerk off about bill gates and make it seem like he's responsible for a housing shortage in the deep south.

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If you don't think bill Gates had an affect on the national housing market in 2020 you've been living under a rock

Everyone is also missing the insanely low interest rates for mortgages that drove everyone to buy over the last 6 months. Supply dipped extreme low, demand extremely high, boom higher prices.