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Senior Member
Our problem here in Texas are the Cali refugees coming in and paying over asking prices on homes for sale.
This pushes our appraised values up and are making it harder to afford to stay in your house.
Realtors are loving this scenario, because they are making bucks, those of us that paid our houses off early and were hoping to retire in TX someday...not so much.
Then, there is the fact that the CA refugees are turning our state blue.
oh...don't get me started....
Member
Funny...you might as well have been referencing Georgia, as all of the above points are exceeding applicable to said state. Housing prices absurdly high, influx of Cali refugees, large cities are dark blue and spreading outward in cancerous concentric circles of pale blue.
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They're moving out of Austin and making offers on everything available.Originally Posted by brickboy240
Property is getting expensive and my taxes keep going up.
Senior Member
Utah is experiencing this as well. You have people in Cali selling their 3bd/2bt homes for a million then paying cash for a bigger home for a half mil then buying an investment/rental property for $300k. There is less than 2k homes on the market in utah and there’s waiting lists months long to even talk to a builder. We built a house early last year and are not selling, yet have received cash offers for $100k over what we paid. It’s mind boggling.
I paint spaceship parts.
Senior Member
The part of this I don't understand is who is still buying the Cali 3bd/2bt homes for a million, and why?
Senior Member
Chinese are buying California.
Senior Member
Didn’t go well for the Japanese….
The Second Amendment ACKNOWLEDGES our right to own and bear arms that are in common use that can be used for lawful purposes. The arms can be restricted ONLY if subject to historical analogue from the founding era or is dangerous (unsafe) AND unusual.
It's that simple.
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This can only go on until a market shift makes your 1,000,000 home in wonderful downtown Van Nuy's California worth about a fourth of that.
Eventually this will destroy the market.
Last edited by Averageman; 06-10-21 at 20:49.
Member
This thread brings up a good point. Higher valuations mean higher property taxes. Higher property taxes = Shit ton of people who can’t afford it anymore. They are then forced to sell or rent. And this pisses me off even more because I’ll only be able to stay in my house im rebuilding with my parents help for 5 years. (City has property tax abatement for Reno’s). Oh well, I’ll enjoy collecting 3k/month in rent on what is a .5 million property if I finished today.
Member
I hate to say it, but I hope so. Won’t be able afford otherwise.
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