WelcomeBear @ WelcomeBear @lemmy.world

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Joined

2 yr. ago

So no rental properties at all? You either buy or you’re homeless? That doesn’t sound great to me. Owning is a lot of work, risk and commitment. If anything goes wrong, you better have thousands of dollars ready to dump into getting your roof fixed or your plumbing fixed or whatever. If you decide you want to go to a different school or accept a better job offer in another city, you’re probably gonna lose tens of thousands of dollars to the real estate agents when you sell. It’s not the right choice for a lot of people.

I’ve lived mostly in houses owned by landlords with less than ten properties and they were all pretty cool for the most part. Way better landlords than apartment complexes or property management companies. The biggest annoyance was surprise visits by them early on the weekend to plant flowers/bushes in the front yard, water the tree, replace edging, typical homeowner crap like that. I guess worse than that, a couple of times their situation changed and they decided to move back into the house, so they didn’t renew our lease and we had to move out. That kinda sucked but it’s their house, if they want to live in it and your lease is up, that’s the way contracts go.

All that said, property management companies and large landlords can get fucked. Regardless of housing cost, they’ve always been scumbags to deal with.

“ When combining closings between both larger, private equity and smaller, independent operations, investors accounted for 44% of the purchases of flips during the third quarter”

That figure is talking about only flipped (i.e. remodeled) houses bought in a specific quarter, October 2022. Most people (myself included) can’t afford freshly remodeled homes and brand new cars.
That figure also lumps small landlords together with big investors which really isn’t the same thing in my opinion but some people around here think that all landlords are evil so that’s somewhat subjective I guess.

Institutional investors “purchased 25% of the homes flipped” “as soaring mortgage rates push traditional buyers to the sidelines,”

That still sucks but it’s not 44% of all homes being bought by big corporations throughout 2023.

Here’s a recent Business Insider article that goes in depth on who’s been buying houses over time

I agree with most of what you said but that 44% number is wildly wrong. Article about it
Also, anecdotally, I’ve gone through a couple of houses in hot markets the last 5 years (had to move for work) as both buyer and seller. The vast majority of people looking weren’t corporate or institutions. Most were couples looking for a place to live. Cash buyers above asking are a real thing though and they suuuuuuuck for the poors like myself.

It’s not even close to true. Here’s an article about it

Why? Other than being an ugly fish, this is no different than stuffed crab, stuffed clams, oysters Rockefeller, lemon stuffed grilled branzino, etc.
These poor fish are just ugly as hell and the dish itself taken out of context and labeled “Tacos.” I’d never thought about it before your comment but it seems to me that including the whole animal on the plate is the least wasteful and most respectful way to eat it. When you can see its face, there’s no hiding that what you’re eating was once sentient. How much is wasted is left for the person holding the fork to decide.

I just wanted to mention that I got a chuckle out of the word “pallettable” because it’s not quite right but I totally see how you got there. I thought you might like to know that the word is “palatable.”
A palette is the board that a painter uses to hold paint, a pallet is something you pick up with a forklift and a palate is the roof of your mouth/your tasting skill. So something that’s pallettable sounds like something tasty that you’d smear all over a giant board and forklift onto a truck.
Fucking English, lol