By Anonymous - 13/9/2021 04:59

That's capitalism, baby!

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
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By  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.

COMMENTS
By  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.

By  Brightside86  |  27

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.