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All I see around me is shitty 600 sqft shacks that were $127k 5 years ago now being flipped for $500k. That and shitty McMansions in this cookie cutter, oppressive HOAs selling for $750k+.
You're a fucking idiot if you're buying at these prices. We're above the bubble level that popped in 2008. It's going to pop again and it's going to make 2008's explosion look like a firecracker.
Don't get me started on the house rich, cash poor idiots refinancing to buy jet skis, hot tubs, new cars and other shit they don't need.
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[–] tendiesonfloor 0 points 1 point 1 point (+1|-0) ago (edited ago)
All I see around me is shitty 600 sqft shacks that were $127k 5 years ago now being flipped for $500k. That and shitty McMansions in this cookie cutter, oppressive HOAs selling for $750k+.
You're a fucking idiot if you're buying at these prices. We're above the bubble level that popped in 2008. It's going to pop again and it's going to make 2008's explosion look like a firecracker.
Don't get me started on the house rich, cash poor idiots refinancing to buy jet skis, hot tubs, new cars and other shit they don't need.