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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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[–] 0 pt (edited )

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.

[–] 0 pt

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.

[–] 0 pt

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