

TimHauck
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24,282 -
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Everything posted by TimHauck
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Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
No -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
No -
Judging by the thread about the lady in Virginia. I don’t think this is true. But there wouldn’t have been 3 different people who felt the need to start the same exact thread, that’s for sure
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I guess Chaya didn’t read the last line talking about “all students”?
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You know you can embed actual posts from x/twitter right? You don’t have to post everything as a link from “patriots win.”
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Twitter adopts 'poison pill' to prevent Elon Musk takeover
TimHauck replied to Utilit99's topic in The Geek Club
Elon has done some good things with twitter, but I really don’t like that he got rid of the character limit for blue subscribers. God damn that was long -
Does Bill & Monica count?
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People on the moon have heard about it
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They said exactly that right off the bat, and the first guy they brought in for questioning was a member of the synagogue
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Paid off by big pharma!
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Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Conservatives want more regulation now? Interesting -
I like how he even used stolen money to pay a criminal defense attorney
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Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
I don't think so, that was kinda the point of my bump. While they're making up a larger percentage of recent sales, they still own a small percentage of the total houses. So unless no one else sells, then they shouldn't have much impact on the total market. And I'd imagine if they do they wouldn't start unloading them until after the market has already tanked. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Sure, but apparently they've slowed down recently, as I correctly predicted. Will be interesting to see if they unload any of them if the market drops significantly like @edjr keeps wishing for. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Also I don't really support "building affordable housing." The market should dictate building new middle to upper class housing, and then the houses those people are moving out of should be the ones that are more affordable. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
LOL I'm not cheering on "big corporations" buying houses, I live in one of the markets named where they have among their biggest share (hence why I knew how dumb shorepatrol's earlier response was). Just pointing out that many are overstating their impact. But as I pointed out earlier maybe the one positive of this is that there are more rentals available of single-family homes, which previously were pretty hard to find. Although unsurprisingly these companies don't seem to be very good landlords. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
So 32% are “mid-priced,” 37% are “low-priced,” I assume that leaves 31% as “high-priced” and thus a pretty even split? If anything some might argue that it could be a good thing if they’re no longer focusing primarily on low-priced homes, which have the most competition and buyers with fewer resources to compete with investors. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Well the title of the thread is “big corporations,” so it’s not “big corporations” doing most of the buying. I’d venture to guess there are a few geeks here that have or claim to have 3+ rental properties -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Sounds like government oversight that Republicans say they don’t like -
Democratic Legislative Candidate Focks Husband On Camera For Money
TimHauck replied to 5-Points's topic in The Geek Club
Sounds like she does have a legal case against sharing the actual video/images, but I can’t imagine she would’ve had much of an argument (and the Republicans could have probably accomplished the goal of her losing) if they just said she uploaded content to a pornographic site without sharing the actual images. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Did you read my post or watch the video? None of this is in disagreement with it. It’s a concern, but it’s not a large share of the overall market. The video cites that about 25% of purchases in recent years have been made by investors. But half of those are from mom and pop investors that own between 3 and 9 properties. Only 9% of that 25% (2% of total purchases) are by institutions with over 1,000 properties. -
Should big corporations be allowed to buy single family homes
TimHauck replied to Djgb13's topic in The Geek Club
Another interesting video here: TL/DW, there is a concern with “Wall Street” buying up single family homes, it’s still a small part of the overall market for now at least. And “Blackrock” isn’t really a player in buying up single family homes (although they are involved in building new rental communities), although a different company called Blackstone is. So digby wrong again, but more of a name mixup and not nearly as dumb as his usual takes. @Frozenbeernuts and @shorepatrol take the cake for dumbest takes in this thread for their claims that bitcoin will help the housing market or that corporations are happy to throw away $25K+ if they can’t rent out the houses for a year after buying them. -
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Digby disagrees