Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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submitted 5 months ago by [email protected] to c/[email protected]

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[–] zero_spelled_with_an_ecks 4 points 5 months ago (1 children)

Does this have anything to do with new homes being built way out in the middle of nowhere while everybody wants to live close to things?

[–] [email protected] 1 points 5 months ago

That's part of it but I've been finding new construction is cheaper pretty much anywhere compared to a comparable home.

A lot of people have 2nd and 3rd mortgages on their homes and need to sell at their all time highs Builders don't have this problem.