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Joined: Apr 2000
Posts: 19,235 Likes: 28
Old Mossy Horns
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Old Mossy Horns
Joined: Apr 2000
Posts: 19,235 Likes: 28 |
Nephew sold his house . He listed it high . Sold same day site unseen .
I heard this was happening but damn .
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Joined: Oct 2000
Posts: 8,548 Likes: 47
14 point
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14 point
Joined: Oct 2000
Posts: 8,548 Likes: 47 |
There’s a sucker born every minute. According to PT Barnum. Most will wind up upside down in their house just like 2008 under Big ears. Oh another Demorat.
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Joined: Apr 2000
Posts: 19,235 Likes: 28
Old Mossy Horns
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Old Mossy Horns
Joined: Apr 2000
Posts: 19,235 Likes: 28 |
I should add there was pictures taken and video
Last edited by Frankie; 06/16/22 04:17 AM.
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Joined: Dec 2009
Posts: 9,538 Likes: 19
14 point
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14 point
Joined: Dec 2009
Posts: 9,538 Likes: 19 |
Folks from Nashville are buying alot of property here in Colbert County. Unreal what some are paying and they are happy about getting it.
I can't stand a thief.
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Joined: Oct 2017
Posts: 4,968 Likes: 2
12 point
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12 point
Joined: Oct 2017
Posts: 4,968 Likes: 2 |
Pretty soon the gas station down at the crossroads will be a Starbucks. Yuppies are on the march, turning everything blue behind them.
Last edited by Thread Killer; 06/16/22 06:56 AM.
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Joined: Jan 2005
Posts: 17,388 Likes: 204
Old Mossy Horns
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Old Mossy Horns
Joined: Jan 2005
Posts: 17,388 Likes: 204 |
Investors see something in the markets that most aren't seeing. I confess I don't know what it is, but they're buying properties of all types and paying premium for them. Can't imagine what rent or sell price will be when they turn it over.
I think we're going to be looking at a lot of young folks moving home because salaries aren't keeping up with the housing.
Character is not developed in moments of temptation and trial. That is when it is intended to be used.
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Joined: Aug 2001
Posts: 81,879 Likes: 513
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 81,879 Likes: 513 |
Investors are buying real estate because it is seen as something relatively safe like gold and silver. In a very uncertain economy like what we have now investors are getting much more conservative.
"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster
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Joined: Dec 2000
Posts: 1,424
8 point
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8 point
Joined: Dec 2000
Posts: 1,424 |
Big corporations are buying way above market value to force the middle class into having to rent instead of own. They are part of the big reset. At least that's what I saw on TikTok.
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Joined: May 2013
Posts: 3,808 Likes: 6
10 point
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10 point
Joined: May 2013
Posts: 3,808 Likes: 6 |
Nephew sold his house . He listed it high . Sold same day site unseen .
I heard this was happening but damn . Nephew sold his house . He listed it high . Sold same day site unseen .
I heard this was happening but damn . What area?
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Joined: Jul 2011
Posts: 39,957 Likes: 130
Freak of Nature
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Freak of Nature
Joined: Jul 2011
Posts: 39,957 Likes: 130 |
Big corporations are buying way above market value to force the middle class into having to rent instead of own. They are part of the big reset. At least that's what I saw on TikTok. Yep, corporate real estate companies want to make the middle class renters.
"Why do you ask"?
Too many people spend money they don't have , on things they don't need, to impress people they don't know.
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Joined: Mar 2018
Posts: 16,939
Old Mossy Horns
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Old Mossy Horns
Joined: Mar 2018
Posts: 16,939 |
Right now I would feel better having more invested in land than stocks...I think they see this
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.
Ben Franklin
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Joined: Oct 2013
Posts: 4,229 Likes: 1
10 point
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10 point
Joined: Oct 2013
Posts: 4,229 Likes: 1 |
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Joined: Jun 2013
Posts: 57,352 Likes: 113
Freak of Nature
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Freak of Nature
Joined: Jun 2013
Posts: 57,352 Likes: 113 |
There’s a sucker born every minute. According to PT Barnum. Most will wind up upside down in their house just like 2008 under Big ears. Oh another Demorat. True. However the Snowbirds (and folks coming from out west) have been gladly paying more and it's usually cash. Most don't see it as over paying, seeing as how much more they're getting for their money here.
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Joined: Feb 2015
Posts: 8,276 Likes: 23
14 point
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14 point
Joined: Feb 2015
Posts: 8,276 Likes: 23 |
Homes in our subdivision are usually sold the first day. Buyer waives inspection and pays all closing costs. Good news, it isn't investors just people moving here from out of state. Reminds me of when I lived in Frisco, Tx and watched it grow from 20,000 to 200,000. My main fear is Huntsville will annex us in the near future along with Hazel Green.
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Joined: Apr 2000
Posts: 19,235 Likes: 28
Old Mossy Horns
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Old Mossy Horns
Joined: Apr 2000
Posts: 19,235 Likes: 28 |
Nephew sold his house . He listed it high . Sold same day site unseen .
I heard this was happening but damn . Nephew sold his house . He listed it high . Sold same day site unseen .
I heard this was happening but damn . What area? Emerald Mountain , just north of montgomery
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Joined: Nov 2011
Posts: 13,752 Likes: 257
Booner
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Booner
Joined: Nov 2011
Posts: 13,752 Likes: 257 |
Big corporations are buying way above market value to force the middle class into having to rent instead of own. They are part of the big reset. At least that's what I saw on TikTok. Nope, just portfolio and risk diversification by the big players. Now that it is evident that the markets are in a full blown correction, they are moving allocated amounts from paper assets to hard assets, real estate, raw land, gold, silver, etc while decreasing exposure in the markets. They started this well over a year ago.
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Joined: Oct 2001
Posts: 28,005 Likes: 87
Freak of Nature
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Freak of Nature
Joined: Oct 2001
Posts: 28,005 Likes: 87 |
Too Big to Fail - Part 2................. Yep and when the bubble bursts. These giant corporations will be left holding homes worth 60% of what they paid for them, and they will get a GIANT bail out from the feds. But they will keep all of that property. This is how we get to "you will own nothing, and be happy."
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Joined: Jul 2010
Posts: 9,908 Likes: 2
14 point
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14 point
Joined: Jul 2010
Posts: 9,908 Likes: 2 |
It's been like this for a long while now. At least a year or more people have been making cash offers with no contingencies and I know several Relators who do the home inspection before they make an offer and a lot of times it's same day they see the house for the FIRST TIME.
Don't worry - this is about to stop cold. If we continue to lose nearly 500 points on the NASDA and 7-800 on the DOW, 100 on the S&P.... every day, we'll be hovering around ZERO by the end of July.
Brutal.
Last edited by Goatkiller; 06/16/22 11:12 AM.
No government employees were harmed in the making of this mess.
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Joined: Jul 2019
Posts: 648 Likes: 1
4 point
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4 point
Joined: Jul 2019
Posts: 648 Likes: 1 |
[quote=Thread Killer]Pretty soon the gas station down at the crossroads will be a Starbucks. Yuppies are on the march, turning everything blue behind them.
Not only blue but to shiiit also ,they runnin the good folks out
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Joined: Jul 2020
Posts: 10,387 Likes: 73
Booner
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Booner
Joined: Jul 2020
Posts: 10,387 Likes: 73 |
Big corporations are buying way above market value to force the middle class into having to rent instead of own. They are part of the big reset. At least that's what I saw on TikTok. This is true. There is a developer that is building either in or around Greystone, and its all going to be high end rental homes.
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