- Aug 2, 2006
- 34,215
- 29,546
Interesting study on banning investment properties.
Home Buying & Real Estate Thread
- Thread in 'General' Thread starter Started by TYE_The Time Traveler,
- Start date
Interesting study on banning investment properties.
- Aug 2, 2006
- 34,215
- 29,546
Im going to give it one more year, but after that I'm gunna try to immigrate to America.
Im fed up.
Im fed up.
sneakaprince
Supporter
- Apr 29, 2007
- 16,590
- 20,410
Where do you live?
- Aug 2, 2006
- 34,215
- 29,546
Canada.
sneakaprince
Supporter
- Apr 29, 2007
- 16,590
- 20,410
Just curious but what makes you wanna move south?
- Aug 2, 2006
- 34,215
- 29,546
the housing crisis.
housing supply has not kept up with population growth. and unlike america we do not have a sunbelt for people to move to, to take the pressure off of major cities like Toronto and Vancouver.
- Feb 7, 2016
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Chinese invasion.
- Feb 11, 2008
- 19,717
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Speaking of foreign investment.
- Jan 30, 2010
- 25,882
- 46,880
Just be prepared for major culture shock if you plan on moving to the sun belt to grab a cribthe housing crisis.
housing supply has not kept up with population growth. and unlike america we do not have a sunbelt for people to move to, to take the pressure off of major cities like Toronto and Vancouver.
- Jul 19, 2012
- 8,698
- 14,829
My mom wants me to buy some 900000 dollar office building in Jersey city with her. What questions should I be asking?
- Jan 19, 2002
- 23,425
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In certain places (so cal) the “shortage” is so bad that I think some type of “ban” or limitation on investment properties would help. Many investors buy up houses and rent them out. They now control the rent market. They have the capital to pay cash and/or overpay for a house. The “regular Joe” hands are tied because they can’t do either of those. Forces them to rent.
Now I don’t know how you would control/ban investors from buying multiple properties. Possibly first time home buyers get some record low interest rates and if you’re not a 1st time homebuyer you get a crazy high interest rate, although that wouldn’t help the cash buyer. I have seen some “low income housing” rules that if you sell/move out within x amount of years you would have to pay back x amount of money.
I think I read Florida was banning foreign citizens from buying or something to that tune.
- Aug 2, 2006
- 34,215
- 29,546
that was what the study was looking at,
and it turns out those type of bans
- didn't reduce the price of housing
- increased rental prices
- and displaced poorer renters for upper income owners.
Foreign investments bans are also dumb imo, why would you ban capital investment in your country?
it's crazy to me.
- Oct 28, 2013
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- Aug 31, 2012
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A lot of the new builds that get featured on social media are gawdy as **** though.
- Oct 28, 2007
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- Jul 18, 2012
- 4,454
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The new wave of McMansion is hillbilly chic. They started using a lot of darker exterior colors whether black or navy blue contrasted with exposed beams.
mplsdunk
Supporter
- May 25, 2004
- 30,367
- 40,986
Everyone wants to live in a nice pole barn now for some reason.
- Feb 5, 2013
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yellowstone effect
- Aug 31, 2012
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Do people still like that show?
My girlfriend tried to get me into it and it was like watching paint dry.
My girlfriend tried to get me into it and it was like watching paint dry.
cs02132
Supporter
- Nov 1, 2007
- 13,123
- 13,489
All the new builds around me are white with black trim everywhere
They just started popping up like that a couple years ago and now I see a bunch
They just started popping up like that a couple years ago and now I see a bunch
- Jun 22, 2018
- 5,267
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I did my home in those type colors in 2013 when I first bought and my neighbors had soooo many questions "why'd you paint the brick, I've never seen black gutters before" 10 years later and I need a new style as the neighborhood is now littered with dark houses.
- Jul 18, 2012
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- Aug 31, 2012
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Yeah this is definitely the current aesthetic.
My girlfriend loves it, but I wouldn’t want a house with this look because 1. it’s played out, and 2. I worry that it will end up looking dated.
- Apr 30, 2010
- 69,729
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I thought somewhere like Madison, WI would be cheap. Doesn't look like it.
sneakaprince
Supporter
- Apr 29, 2007
- 16,590
- 20,410
The school (Wisconsin) and politicians drive the price up. I think the outlying burbs are still pretty reasonable (Sun Prairie etc).
