https://www.newsweek.com/florida-homeowners-struggle-sell-their-houses-1912392Aquamarine?

Meanwhile, soaring insurance fees are also dissuading potential buyers from purchasing property as they add more costs to owning a home.

  • goferking0@lemmy.sdf.org
    ·
    14 days ago

    now you see climate change isn't a big deal because those who would be impacted can just sell their house and move

    So does this mean super cheap houses for sale now or sellers wanting super high prices and that issue for the buyer?

    • KoboldKomrade [he/him]
      ·
      14 days ago

      Its price. Dad sold his house for ~120k. 4 years later sells again for 250k. Houses where I went to college went from 200k to 400k-500k. Its insane. These are like 2-3 bedroom houses too, in a decent area, but not the "best".

      • BakerBagel@midwest.social
        ·
        14 days ago

        It's everywhere, not just Florida. House prices have doubled in my po-dunk little college town in rural Ohio, but nothing is selling. They aren't even pretending that prices are based on anything any more.

        • Hello_Kitty_enjoyer [none/use name]
          ·
          14 days ago

          They aren't even pretending that prices are based on anything any more.

          prices are based on the government's need to extract more housing taxes from people

          • KoboldKomrade [he/him]
            ·
            14 days ago

            Partially, but also heavily influenced by massive real estate companies and land lords.

        • KoboldKomrade [he/him]
          ·
          14 days ago

          Yeah, its bad. Where I'm at now has still seen like a 50% increase since I've moved 2-3 years ago.

      • Hello_Kitty_enjoyer [none/use name]
        ·
        edit-2
        14 days ago

        Houses where I went to college went from 200k to 400k-500k. Its insane.

        Is this supposed to be high or low? I genuinely can't tell
        And when was it

        • KoboldKomrade [he/him]
          ·
          14 days ago

          100k was pretty doable for workers where my dad lived. 200k is a stretch, basically destroys the "expendable" portion of a budget there. The 200k was near to Disney (within an hour), and pay was somewhat higher, so kinda doable for a lower-middle class person. 400k isn't doable for anyone but those interested in landlording. Monthly payments are higher then rents, and rents are already barely doable.