Wow I wished our home prices had the same surge. I live in Hawaii and our home was always floating right under $2M but only now it’s finally surged above it.
Lol I live in this town. It's Incline Village aka Income Village and it used to have a small town vibe with some affordible rentals for the working class that filled positions catering for the rich. I've heard jokes about the millianares being pushed out by billionaires and the labor shortages here are pretty bad now.
In a country in South Asia someone was selling a 3 star hotel for 1.2million dollars. After 10 years of inflation now it's worth only 750,000usd and they have 4 more rooms. Now the owner is selling for $600,000 thinking it's the right time to sell it for more on his currency when didn't realize what he could have made 4 years ago before his country's inflation went up if he kept his money in a bank in USA, UK or Singapore
Its crazy, I live in the province of Ontario, in Canada, 40 minutes away from Toronto, one of the main cities in Canada, in 2019 we moved out of the city to be able to purchase a property, Toronto was already way too expensive, today our house value doubled, crazy house prices, I don't see much people being able to buy a house... working class families...
they went up because banks can produce the funds to buy them from FRESH AIR. therefore there is no limiting the speculation but the collapse of the currency. - which is now.... 🤣
I bought my house 20 years ago right down the street for $185,000... Today it worth 1.4 million and I don't have to pay California property tax. To be fair I do pay property tax but to a state that is a good steward of our tax funds.
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Wow I wished our home prices had the same surge. I live in Hawaii and our home was always floating right under $2M but only now it’s finally surged above it.
Why tell the prices for which no one bought? They're irrelevant
Housing market done the same thing where I live tripled in value over 2 years and people buying sight unseen it’s unreal
Lol I live in this town. It's Incline Village aka Income Village and it used to have a small town vibe with some affordible rentals for the working class that filled positions catering for the rich. I've heard jokes about the millianares being pushed out by billionaires and the labor shortages here are pretty bad now.
Who ever bought at the top is going to lose a lot, maybe will make it back in 10-20 years.
Property taxes in Nevada are terrible!
Why have home prices surged in Lake Tahoe? Um, because it's Lake Tahoe
In a country in South Asia someone was selling a 3 star hotel for 1.2million dollars. After 10 years of inflation now it's worth only 750,000usd and they have 4 more rooms. Now the owner is selling for $600,000 thinking it's the right time to sell it for more on his currency when didn't realize what he could have made 4 years ago before his country's inflation went up if he kept his money in a bank in USA, UK or Singapore
which country ?
Sadly everything is going up in price 😞
Even here in Texas. It's hard to buy a house.
I've been renting in Tahoe for over 10 years, this housing situation sucks now.
I love this channel. It is informative and direct. Continue to create videos like this one. Thank you
Thanks sm for watching
Bubble will burst soon.....
I hope so. The house, and car market is bonkers.
4 algo
Another one
Its crazy, I live in the province of Ontario, in Canada, 40 minutes away from Toronto, one of the main cities in Canada, in 2019 we moved out of the city to be able to purchase a property, Toronto was already way too expensive, today our house value doubled, crazy house prices, I don't see much people being able to buy a house... working class families...
$1m for a condo in Tahoe is crazy. But here in LA it’s a good deal since you can get a cardboard box for that price.
We have nothing to loose except our chains
Bro I just seen you in Inside edition 🙏🏼 you were making a TikTok regarding shrinkflation. Keep it up brother you will be big.
Thanks so much!
You don't mess with California when it comes to taxes 🤣😂
high tax socialism is only good when rich people live there, when they flee, everything goes to pot.
F
they went up because banks can produce the funds to buy them from FRESH AIR.
therefore there is no limiting the speculation but the collapse of the currency. - which is now.... 🤣
I bought my house 20 years ago right down the street for $185,000... Today it worth 1.4 million and I don't have to pay California property tax. To be fair I do pay property tax but to a state that is a good steward of our tax funds.
California property taxes are not that high actually. They are less than texas.
best investment ever