Who is buying all the housing

[Papageorgio]

and or renting all the APTS and condos? According to this a recored number of "kids" havent left home. Youa re closing in on zero pou;ation growth and the Boomers are leaving.
Record 33% Of Young Americans Living With Parents | ZeroHedge

People already out on their own, like normal people, taking advantage of the steadily improving economy and thinking it is going to continue to improve? That is when I have bought homes.

Well and good however the spike in homes sales started right after Covid hit and has not slowed down. Not even winter put a dent into the buying of homes. The other, cause is with the ability to work remotely and many businesses staying that way, people are moving from the large cities to smaller towns, less people, lower cost of living and a quieter slower pace.

 

[justinacolmena]

Well and good however the spike in homes sales started right after Covid hit and has not slowed down. Not even winter put a dent into the buying of homes. The other, cause is with the ability to work remotely and many businesses staying that way, people are moving from the large cities to smaller towns, less people, lower cost of living and a quieter slower pace.

They're known in the market as "institutional investors" -- somehow they got hold of federal home loans intended for people who would actually live in the said houses, but no, that isn't going to happen either.

 

[Papageorgio]

and or renting all the APTS and condos? According to this a recored number of "kids" havent left home. Youa re closing in on zero pou;ation growth and the Boomers are leaving.
Record 33% Of Young Americans Living With Parents | ZeroHedge

People already out on their own, like normal people, taking advantage of the steadily improving economy and thinking it is going to continue to improve? That is when I have bought homes.

I'm saying shouldnt we have a housing overstock? Giant APT complexes are being thrown up around here like crazy.

There is a housing shortage, home values are through the roof, in more affluent and desirable locations, many homes are selling for far more than the asking price, due to bidding wars.

People are escaping Blue shitholes and countries South of the Border.

The main places you are finding that ridiculously expensive housing is in the more desirable locations, which is mainly in blue states. Red state shitholes are typified by lower incomes, lower education levels, lower physical fitness and the highest rates of obesity.

Seven of the ten fastest growing states are considered red states, Washington state is one of the top ten and the reason it is growing is because most of the growth is on the east side of the state which is primarily red.

 

[justinacolmena]

the east side of the state which is primarily red.

It's still a gun control district after that gun registation and assault weapons ban initiative which was bought out by Michael Bloomberg a number of years ago.

$1M from Bloomberg group to Washington’s gun background-check campaign

OLYMPIA — Big donors supporting background checks for gun buyers have so far come from the region’s particularly well-heeled: Bill Gates, Nick Hanauer, Steve Ballmer and Paul Allen. Now billionaire former New York City Mayor Michael Bloomberg is joining the...

www.seattletimes.com

Bloomberg to Launch $50 Million Gun Control Initiative

The former New York City mayor plans to spend $50 million to expand the background check system for gun buyers, among other initiatives....

philanthropynewsdigest.org

Bloomberg signs one big check and outspends NRA eightfold in WA

New York billionaire Michael Bloomberg has waded a quarter-million dollars deeper into Washington state politics. Bloomberg gave $248,000 to Washington...

kuow.org

Guns are banned but burglars and thieves are welcome in Washington.