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Expendable_Red_Shirt t1_j41upx2 wrote

And that shit housing was purchased at an inflated rate…. There are also issues with supply that effect prices right now. I’m speaking more generally.

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dopkick t1_j41veg3 wrote

Do you think there is some sort of mass conspiracy to buy gut job homes at an inflated rate and sit on them for decades or something like that? Seems like the homes are purchased on the open market, often at auction, and quickly rehabbed and put back on the market. There's no shortage of newly renovated homes available.

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