Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

NoMoreRepugs

(11,492 posts)

2. Let me think here, housing prices rising 10-20% a year -

Reply to mahatmakanejeeves (Original post)

Tue Jul 12, 2022, 07:46 AM

Jul 2022

I’m a home builder so I’m going to buy all the land I possibly can and build as many homes as possible cuz this is going to last forever.

Yep, another case of “These are the smartest guys in the room? NOT!!”

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

8 replies

= new reply since forum marked as read

Highlight:

Rising interest rates are crushing the US housing market: Morning Brief [View all] mahatmakanejeeves Jul 2022 OP

Which is more important: no_hypocrisy Jul 2022 #1

Let me think here, housing prices rising 10-20% a year - NoMoreRepugs Jul 2022 #2

again, tell me something that I didn't know stopdiggin Jul 2022 #3

People forget that... VMA131Marine Jul 2022 #4

There's also this: investment groups are buying inventory, often with cash Auggie Jul 2022 #5

Median house price was 3x median income in the 80s, it's close to 7x now progree Jul 2022 #6

What a great DU sub-forum (group) WarGamer Jul 2022 #7

There's a Personal Finance and Investing group too. mahatmakanejeeves Jul 2022 #8