Sahwa@reddthat.com to News@lemmy.world · 5 days agoMillennials are giving up on the thought of ever buying a house and experts estimate fewer will become homeownerswww.independent.co.ukexternal-linkmessage-square103fedilinkarrow-up1466arrow-down14cross-posted to: economics@lemmy.world
arrow-up1462arrow-down1external-linkMillennials are giving up on the thought of ever buying a house and experts estimate fewer will become homeownerswww.independent.co.ukSahwa@reddthat.com to News@lemmy.world · 5 days agomessage-square103fedilinkcross-posted to: economics@lemmy.world
minus-squarebestagon@lemmy.worldlinkfedilinkarrow-up16·4 days agoSo if younger generations have less and less capital with which to enter the housing market, then where does the value appreciation come from I wonder?
minus-squareLordCrom@lemmy.worldlinkfedilinkarrow-up21·4 days agoHouse flippers keep buying houses, painting shit white, then selling it to another flipper for 100k more than they bought it for
minus-squareBanMe@lemmy.worldlinkfedilinkarrow-up4·4 days agoAt this rate HGTV will have turned everyone on Earth into a house flipper by mid next year.
minus-squaresin_free_for_00_days@sopuli.xyzlinkfedilinkEnglisharrow-up2·3 days agoPrivate equity firms own 10% of all units in the US.
So if younger generations have less and less capital with which to enter the housing market, then where does the value appreciation come from I wonder?
House flippers keep buying houses, painting shit white, then selling it to another flipper for 100k more than they bought it for
At this rate HGTV will have turned everyone on Earth into a house flipper by mid next year.
Ready to flip the table
Private equity firms own 10% of all units in the US.