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dopkick t1_j41gh3m wrote

Reply to comment by SpareCartographer402 in What does eviction prevention accomplish. by LongjumpingShot

> Plenty of us are forced to be renters because assholes keep buying everything up to rent out, causing scarcity and higher market prices.

Yeah, that's not the case in Baltimore city. That is true in some cities but the whole "evil Texans are coming in and buying up all the property and driving prices higher!" narrative that some people love isn't actually happening here. There's still PLENTY of affordable housing here, check your favorite realty website. There's even affordable housing outside of the city if you want a more suburban lifestyle.

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StarkyPants555 t1_j42hqyg wrote

That's not true at all. Homeowner here. I get multiple calls per week asking if I want to sell my house. There are signs all over the city offering to buy homes cash, as is. Plenty of out of state property owners as well, just sitting on vacants and waiting for the neighborhoods to gentrify.

https://www.baltimoresun.com/news/investigations/bs-bz-baltimore-landlords-investor-homes-20221028-v5mmhm7aubbrbdw2zngmnjiuri-story.html

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dopkick t1_j42kj51 wrote

There are always a number of homes for sale under $250K in desirable neighborhoods. This is objective fact that can be checked by realty websites. If you cast a wider net you can find plenty under $200K, although it won't be in Fed Hill and the like (but still not bad - think Pigtown). For a vast, vast majority of cities such a price point is absolutely unheard of. Baltimore has plenty of affordable housing. If your idea of affordable is in-line with prices of run down homes in meth addict-ridden cities that have been declining for 50 years, then yeah I guess Baltimore isn't affordable. But good luck in those places.

I also get calls. They're cold calling in hopes of finding someone who wants cash now and they can score a deal. It's not unique to Baltimore.

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StarkyPants555 t1_j46qonc wrote

Yeah most homes in Baltimore were constructed pre 1950. There may be several homes under the $200K price point in "desirable" neighborhoods, but will need significant renovations or upkeep in the coming years. Your point still does not address the fact that equity firms are buying up properties at a rapid pace in this city and it is getting worse. This objective fact can also be verified.

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dopkick t1_j46tbey wrote

$250K is the price point for more desirable neighborhoods. Here's a short list of some homes in one zip code that are basically turnkey, are not blasts from the past, and don't appear to have anything excessively bizarre in the interior.

https://www.realtor.com/realestateandhomes-detail/1421-Race-St_Baltimore_MD_21230_M65021-79295

https://www.realtor.com/realestateandhomes-detail/1301-Clarkson-St_Baltimore_MD_21230_M68202-65940

https://www.realtor.com/realestateandhomes-detail/1433-Patapsco-St_Baltimore_MD_21230_M68696-80580

https://www.realtor.com/realestateandhomes-detail/1614-Elkins-Ln_Baltimore_MD_21230_M53295-58754

https://www.realtor.com/realestateandhomes-detail/1227-Durst-St_Baltimore_MD_21230_M51082-61512

https://www.realtor.com/realestateandhomes-detail/424-Sanders-St_Baltimore_MD_21230_M50255-26777

https://www.realtor.com/realestateandhomes-detail/1628-Jackson-St_Baltimore_MD_21230_M69552-05918

https://www.realtor.com/realestateandhomes-detail/1405-Jackson-St_Baltimore_MD_21230_M61305-34550

This kind of stuff is always listed, although the properties do vary.

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