That's capitalism, baby!

By Anonymous - 13/09/2021 04:59

Today, I went to see three houses to buy. For the past year I've been trying, but investors swoop in and buy the house cash to turn around and rent it. I just want my first actual home for my family, but one of the houses I was going to put an offer on already has a cash offer on it. FML
I agree, your life sucks 1 148
You deserved it 105
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Top comments

RichardPencil 30

Why don't you rent until the housing bubble bursts and buy after the investors have gone broke? You can't compete with cash and that only happens in a seller's market.

7 0
Tabby Rosas 8

I'm in the same boat...ive had my family of 6 in a hotel room for 3 months already...they take all these houses without even looking at them with cash

6 0

Comments

RichardPencil 30

Why don't you rent until the housing bubble bursts and buy after the investors have gone broke? You can't compete with cash and that only happens in a seller's market.

7 0
Brightside86 30

I feel your pain, same boat eventually got something but it's a fixer upper. My friend bought some water front property and is building on it. You can still get a good deal but you'll have to do things investors with cash won't. -I wouldn't wait for the market to crash, I think this is our new bottom. Last crash was in 2008 and really that was only cause banks and subprime mortgage shenanigans.

5 1
EBrogen 12

Well, you can always drop a hint to a copper theif that it's empty.

3 3
Tabby Rosas 8

I'm in the same boat...ive had my family of 6 in a hotel room for 3 months already...they take all these houses without even looking at them with cash

6 0
geerod 16

House flippers are not going to run out of money or houses to buy. Keep trying !

1 0
oneonta 8

sorry, this housing market is so weird and crappy

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