Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

  • Asafum@feddit.nl
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    1 year ago

    That already fucked long island. “Everyone” moved out of NYC and bought all the housing on l.i when COVID hit and WFH started, now it’s completely unaffordable for anyone under the age of 40 and/or unmarried.

    The listings have just become a joke. 300k+ for a twice burned down shed posing as a house in a flood zone and in the worst towns. It’s absolutely asinine…