LogFAQs > #965876039

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Topic	Stock Market General #45
theAteam 06/16/22 10:19:28 PM #269:	littlebro07 posted... Housing asking prices are starting to drop a bit here but most still come under contract within days of being listed and then get sold above asking lol Higher rates mean nothing to corporate fucks buying with cash They do when all the nearby comps dump off in price and force rents down below their breakeven, and now they can't even make anything selling because comps don't support it. I guess they can just hold it at a loss every month until it comes back. Doesn't seem like a great investing strategy. --- Buffalo Bills <cite>theAteam posted [p:965876039] in Stock Mark... [t:80016226]...</cite> <quote>littlebro07 posted... </cite> <quote>Housing asking prices are starting to drop a bit here but most still come under contract within days of being listed and then get sold above asking lol Higher rates mean nothing to corporate fucks buying with cash</quote> They do when all the nearby comps dump off in price and force rents down below their breakeven, and now they can't even make anything selling because comps don't support it. I guess they can just hold it at a loss every month until it comes back. Doesn't seem like a great investing strategy. --- Buffalo Bills</quote> ... Copied to Clipboard!
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