My salary didn’t change at all, but homes went up 82%. The money I saved for a down payment and my salary no longer are good enough for this home and many others. This ain’t even a “good” home either. It was a 200k meh average ok home before. Now it’s simply unaffordable

  • jj4211@lemmy.worldEnglish
    7·
    12 days ago

    Don’t know about them specifically, but it seems that more than anything real estate investors are just grabbing as many properties as they can find, whether they can get tenants or not. A house goes up for sale and it’s bought sight unseen by a company almost instantly.