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TopicRenting and housing prices are still insane
HorsemnBusiness
03/26/24 12:19:45 PM
#1:


Every now and then Ill do a search around the country for a 2 bedroom home for rent or sale just out of curiosity and its all over the place with condition and location. Ill see literal trash heap homes listed as diamond in the rough for $250k with a roof barely attached. Then Ill see nice homes in a quiet not well known neighborhood for $180k.

Ill then see a home for $200k thats too good to be true just to see the description post that its a starting price for an auction.

Renting prices are roughly the same besides your big cities and even those are really deceptive. Ill see $900 rent homes listed and then Ill click the listing just to see its a shared 1 bedroom.

Then theres me that only pays $600 a month for a 3 bedroom 1 bathroom with half finished basement. My neighborhood is pretty decent too for at least a few miles from my neighborhood. Makes it hard to justify buying a house at this moment. The house is worth around $100k just like some of these diamond is the rough homes I saw. I got lucky finding my landlord though. It just happened to be on Craigslist around 5 years ago from a property manager that looked too good to be true at the time.

Makes it hard to believe these prices are anywhere near accurate knowing my landlord is doing just fine renting out 3-4 homes for affordable prices. He even fixes anything that goes wrong same day or next. So how is it these other landlords and realtor companies are able to get away with it federally and by state knowing its bad for the economy if people cant afford a good chunk of these homes?

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