Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Houses are selling like hot cakes! That's what my son just told me. he had his house on the [View all]Sympthsical
(10,971 posts)14. Covid isn't all bad for everyone
Don't kill me for saying that. But, there is a situation created where, if you're essential, you're making money.
I'm a manager in a very essential industry. I work everyday. I've gotten three raises since March. My company does not want us leaving no matter what.
Of course, I feel awful. I've seen friends laid off, furloughed, etc. And I've been making crazy amounts of money (also putting in 80 hour weeks sometimes).
It's a completely fucked up reality.
"Isn't this the worst?" Yes . . . the worst . . . I'ma go figure out my home theater now.
Demented, but true.
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
54 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Houses are selling like hot cakes! That's what my son just told me. he had his house on the [View all]
napi21
Aug 2020
OP
If the supply was greater than the demand, wouldn't there be more houses on the market, not fewer?
PTWB
Aug 2020
#15
That's why I got out in February before all the price drops and foreclosures
lindysalsagal
Aug 2020
#51
It is becoming very common for houses around here to sell above the asking price
Steelrolled
Aug 2020
#20
All I can tell you is the people who bought my son's house missed out on 2 other homes & told their
napi21
Aug 2020
#25
And investors wanting real estate to balance risk of hyperinflation and market collapse
lostnfound
Aug 2020
#52
I agree with you that people who could buy a house before Covid likely can buy one now.
Blue_true
Aug 2020
#26
All seems pretty crazy. But just like during the Great Depression not everyone was out of work
captain queeg
Aug 2020
#27
I heard the other day that in the area you might be looking some houses are selling online without
Vinca
Aug 2020
#39
A house in neighborhood (also suburban Atlanta) went under contract in less than a week
themaguffin
Aug 2020
#37