• Housing Bubble BURSTING - Recent "Investors" To Get Burned In Hell

    From 56g.1173@21:1/5 to All on Sun Dec 17 22:46:34 2023
    XPost: talk.politics.misc, alt.politics.usa, alt.politics.republicans

    https://www.dailymail.co.uk/news/article-12874315/Investor-Grant-Cardone-predicts-trophy-real-estate-soon-available-everyday-U-S-citizens-market-sees-epic-pricing-correction.html

    Investment expert Grant Cardone predicts 'trophy' real estate
    will soon be available to everyday U.S citizens as market
    sees 'epic' pricing correction

    Real estate investor, Grant Cardone, says the U.S is nearing
    a housing correction

    . . .

    Did you just pay 1.5 Mil for a run-down crackerbox ?

    Oops !!!

    Property/rent prices have gone INSANE ... none can
    afford, none (at this point) will profit.

    Alas, this is much the same as the last - quite
    recent - properly/lending bubble. NOBODY LEARNED
    A DAMNED THING. It's a form of insanity. I'd
    maybe suggest serious govt regs, but govt gets
    too many 'donations' from banks and property barons
    aimed to weaken even sensible anti-exploitation
    regs and rules.

    Every bubble, demands for regs - few ever seen -
    and then even those get un-done. A tiny percent
    make money from these things and are then able
    to shield themselves from the consequences.
    They are the ones at the big political dinners
    and such. Very Machiavelli ....

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