General Discussion

Baobab

(4,667 posts)

12. One really crazy new development in some areas is people moving here from other countries

Sat May 14, 2016, 05:34 PM

May 2016

who literally are looking for shelters for their money, the story goes that they "want to pay more" but that's not really true, they likely do want to get value for their money. But the fact remains that some houses or especially condos in certain cities are being bought literally to sit there empty.

The thing I am worried about is a part of the transatlantic trade and investment partnership that could end up making natural gas and electricity rices soar and subsequently, result in the loss of a lot of affordable housing.

Edit history

Please sign in to view edit histories.

15 replies

= new reply since forum marked as read

Highlight:

Poll: If you had to, could you successfully re-rent or re-buy your current home at market rate? [View all] Baobab May 2016 OP

No. But I've been in this house (well, not when I was living in other countries, but MADem May 2016 #1

Yes we could liberal N proud May 2016 #2

Yes Major Nikon May 2016 #3

I could dumbcat May 2016 #4

No. Our house has more than doubled in value. Arugula Latte May 2016 #5

This message was self-deleted by its author NRaleighLiberal May 2016 #6

It would be tough FLPanhandle May 2016 #7

Depends on the area and market of course madville May 2016 #8

Hell no. Our area is notorious for high cost of housing whether you rent or buy.... Hekate May 2016 #9

I live in Seattle FuzzyRabbit May 2016 #10

Yep, same here AgingAmerican May 2016 #11

One really crazy new development in some areas is people moving here from other countries Baobab May 2016 #12

Go to Detroit 1939 May 2016 #13

Those are exactly the kinds of buildings that could end up costing twice as much or more to heat Baobab May 2016 #15

Nope! PasadenaTrudy May 2016 #14