There’s a huge gap between what home buyers want and what’s for sale

Discussion in 'Economics' started by Banjo, Jun 27, 2019.

  1. Banjo

    Banjo

  2. Funny how share buybacks were at one time considered "stock manipulation" and were illegal.

    I guess they eventually figured out that "rigging the markets to go up" benefitted enough of the "right" people so should be allowed... kind of like Congress being allowed to conduct stock trades on inside information.
     
    Last edited: Jun 27, 2019
  3. Big AAPL

    Big AAPL

    WOW 196K

    That's the price for a modest improvement here in NYC. I am getting raped in Property tax, State and City Income tax, and on top of that I pay at least 2K/yr on my EZ pass. I would move there tomorrow except I need to be near the ocean ( I mean Atlantic). I've tried Florida but it just ain't happening.
     
    murray t turtle likes this.
  4. Baron

    Baron ET Founder

    Here in Orlando, any home for sale that's listed between $200k - $500k literally has multiple offers the day it's listed.

    On the flip side, the high end of our market, meaning $2 mil and up, is a ghost town. Nothing is moving and prices have yet to recover from the 2008 bloodbath.