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Response to Yo_Mama_Been_Loggin (Original post)

Fri Oct 15, 2021, 02:57 PM

9. It's a big problem here in GA. It's mind boggling how things

have changed in 2 years. I sold my home in 2019 to take a job in FL. I had hoped to stay in FL. I am back in GA, I canít afford the home prices in my old neighborhood. The same type of house that I sold in 2019, is selling for $100,000 more. Itís just unbelievable!

I will be closing on a new construction townhouse in December. Not happy with how much I paid for it. Itís a positive and negative that Itís a downsize from my old house and I am paying significantly more for it. However, itís a new construction so more modern, so itís almost my dream home with all the upgrades. Plus thereís a pool, looking forward to that. Because of the shortage of homes, these townhouse communities are springing up all over GA. After hearing so many horror stories like the one above, I decided to not even bother with the bidding wars for pre-existing homes.

There needs to be laws in place to prevent these big investors from pricing out every day folks. Not to mention, some of these homes are being used for AirBnB

I make decent money so I will be ok. But the American dream is a nightmare right now for many, home ownership is looking like an unachievable goal.

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Arrow 13 replies Author Time Post
Yo_Mama_Been_Loggin Oct 2021 OP
NurseJackie Oct 2021 #1
DENVERPOPS Oct 2021 #8
Hugh_Lebowski Oct 2021 #2
KT2000 Oct 2021 #3
alwaysinasnit Oct 2021 #5
DENVERPOPS Oct 2021 #11
KT2000 Oct 2021 #12
DENVERPOPS Oct 2021 #13
jimfields33 Oct 2021 #7
alwaysinasnit Oct 2021 #4
multigraincracker Oct 2021 #6
LineNew Reply It's a big problem here in GA. It's mind boggling how things
tulipsandroses Oct 2021 #9
Midnight Writer Oct 2021 #10
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