Trending tweets about real estate

Justin Trudeau's Ego

@Trudeaus_Ego

Apr 12, 2024

I found a worker who can actually tolerate me, so I took a picture with him. You may notice that I've started claiming we're going to build "millions" of homes. That's a blatent lie, but I had to lie because I was being called out on my plans to build "300 homes over ten years" in various cities, which would do nothing to solve the housing crisis.

Finance Guy

@GuyTalksFinance

Apr 28, 2024

Hung out with a bunch of old friends from high school last night. We’re all in a similar boat — approaching 30, lots of us are getting married or dating, some are still single. We mostly all have good jobs with good incomes. But we’re all struggling to purchase a home and feel stuck renting. We feel envious of our parents who had a nice home and family on one income by now. The best we can do is rent a cheap apartment while we save money for a down payment. Maybe something will change while we wait 🤷‍♂️

Manbearbull

@11_alv

Apr 10, 2024

I chuckle at these renting is better post. “New roof” landlord will pay. “Garbage disposal breaks, landlord will pay”. Like hell they will, they’ll just raise the rent first chance they get. The tenant never wins and are at the mercy of inflation. If rent is 2000 month now in 15 yrs it will be 4000 then 6000. You’ll forever be chasing housing cost.

govt.exe is corrupt

@govt_corrupt

Apr 11, 2024

#WATCH: Chrystia Freeland says because living costs in Canada are so high (thanks to years of reckless govt spending)... Canadians can now open a 'First Time Home Buyer' account to deposit their Carbon rebate cheques and have enough for a down payment in 47 years... Or give the bank more in interest by taking out a 30 year loan instead of a 25y. The Finance Minister is always full of great ideas....

QE Infinity

@StealthQE4

Apr 19, 2024

Redfin CEO says housing is in a recession and he’s never seen anything like it in 20 years as CEO. He summarized the problems well. Worth the read👇👇 Link attached below “Last year, existing home sales fell to their lowest point in almost 30 years. The housing market froze, and it’s only just begun to thaw. Mortgage rates were the highest they’ve been in more than 20 years, and they’ve come down since, but are still high compared with those of the pandemic. In the past week or so, mortgage rates surged again, reaching their highest level in months, 7.50%. Home prices are high, too. “The cost of buying a home has gone up again, and prices haven’t come down,” Kelman said. “So the Fed keeps trying to tame inflation with rate increases, but at least one sector is untamable, and that is housing.” It’s anxiety-inducing, he said. Housing is a basic need, and would-be buyers who held out last year are tired of waiting. Millennials who’ve delayed starting a family, putting off plans, can only wait so long, Kelman said. He’s never seen anything like it, calling it the “worst situation” for the housing market. “Housing is in this recession, and the rest of the economy is booming,” he said. “I was the CEO during the Great Financial Crisis,” he continued. “Sales volume went down but prices did, too.” One problem fixed another, Kelman said. Usually when sales decline, prices drop too, and then sales increase later—that’s the cycle, he said. Homes become affordable again, and sales pick up because of it. This situation is very different. Interest rates are up, and sales volume has fallen through the floor, as he put it, but home prices haven’t followed. “Some of that is just this artifact of 30-year mortgages,” he said. Everything the Federal Reserve is doing has no real effect on homeowners, apart from keeping them where they are. “It actually has the perverse effect of keeping home prices high,” Kelman explained.”

Ryan G Hensley

@ryanghensley

Apr 07, 2024

“Joe Montana's $28M, 500 Acre Napa Valley Home. The 49ers legend's estate is spread in 500 acres in the Napa Valley region, featuring an Italianate villa custom-built by the Montanas. The property features a basketball court that doubles as a tennis court, a skeet shooting range, a pond for fly boarding and swimming, a bocce court, a large equestrian facility and arena, and trails for horseback riding.”

Andrew Tate

@Cobratate

Apr 10, 2024

I bought a 16,000,000 apartment in Dubai two years ago. I’ve been offered 21,000,000 this morning. A great return on real estate for 2 years. (Especially considering it’s not even finished building yet) But the whole markets raised so, buying a 21M place now is just buying another 16M penthouse a few years ago. Does this make sense to any of you? It’s not actually profit if I buy another place. So gona ape it all into btc. Or don’t sell.

Taylor Avakian

@TAYVAY_

Apr 22, 2024

Wow. It gets better. The City of Santa Monica has approved plans to build a 122-unit homeless apartment complex for a staggering $123,000,000. Over $1M per unit... Best part is they were being conservative and turned down the 196-unit $200M plan. What a time to be alive.

Sunnyvale

@SunnyvaleSBay

May 03, 2024

I have a subscription to Architectural Digest. Every house is $25 million and up, owned by a young woman and you google the owner and it's always " 32 year old Anna is the second wife of 88 year old billionaire Joe Schmo, founder of Carnivore Equity Partners, a leader in the fields of youth incarceration and salt mining"