They are empty because they are unaffordable or there is no way to make a living in the area. Not because there are not enough people who need housing.
IMO, investors should not be allowed to buy homes
- Thread starter LotusBud
- Start date
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You mean abandoned or on the market?
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- 3,379
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Abandoned, rentals, seasonal and waiting renovation. Foreclosured too.
- Reaction score
- 15,053
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- California
Interesting. Housing prices are holding steady...but sounds like there may be a correction or crash in the future.
Admin.
Nobody throws in the towel better than him!
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Existing home sales are in decline
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- 15,053
- Location
- California
It is true in certain markets. It has to be prevalent in large regions of the country to make a big impact.
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- 3,379
- Location
- In a kakistocracy
Or maybe they'll just use the same strategy they use to keep diamonds expensive
Control the offer to control the prices
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- 15,053
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- California
Possibly, but investors will cut their losses if the profits become too narrow.
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- the Ether
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- California
I know that it's happening in some cities.
Admin.
Nobody throws in the towel better than him!
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Corporatocracy is trying to drive that with some success
