▲ -22 ▼ The 6% commission on buying or selling a home is gone after Realtors association agrees to seismic settlement | CNN Business (www.cnn.com) submitted 2 years ago by wintermute_oregon@lemm.ee to c/conservative@lemm.ee 6 comments fedilink hide all child comments
[+] wintermute_oregon@lemm.ee [S] 2 points 2 years ago* (last edited 2 years ago) (6 children) [deleted] permalink fedilink source parent hideshow 6 child comments replies: [–] BearOfaTime@lemm.ee 4 points 2 years ago (1 child) Thank Blackrock, and all the 401k/roth/retirement investment orgs for investing in Blackrock. permalink fedilink source parent hideshow 1 child comment replies: [+] wintermute_oregon@lemm.ee [S] 0 points 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent [–] intensely_human@lemm.ee 2 points 2 years ago* (3 children) I’m sure there are many factors, but constructive (edit: constrictive) zoning plus rising population (ie rising demand) is itself sufficient to explain not only rising prices, but even accelerating price increases (since the demand curve isn’t linear). permalink fedilink source parent hideshow 3 child comments replies: [–] BearOfaTime@lemm.ee 2 points 2 years ago (2 children) That's only one element, and it's not everywhere. In my city, it's the opposite. They're pushing for more home construction and less commercial. permalink fedilink source parent hideshow 2 child comments replies: [+] wintermute_oregon@lemm.ee [S] -2 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] jimbolauski@lemm.ee 2 points 2 years ago The other problem areas have with rapidly growing the population is all the infrastructure that has to grow with it. My area has added three schools in the last 5 years and are near capacity, tripled water and sewer capacity (some future proofing), are constantly widening roads. They've started slow rolling rezoning so they can catch up which has caused home prices to jump 10% more compared to the surrounding areas. permalink fedilink source parent
[–] BearOfaTime@lemm.ee 4 points 2 years ago (1 child) Thank Blackrock, and all the 401k/roth/retirement investment orgs for investing in Blackrock. permalink fedilink source parent hideshow 1 child comment replies: [+] wintermute_oregon@lemm.ee [S] 0 points 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[+] wintermute_oregon@lemm.ee [S] 0 points 2 years ago* (last edited 2 years ago) [deleted] permalink fedilink source parent
[–] intensely_human@lemm.ee 2 points 2 years ago* (3 children) I’m sure there are many factors, but constructive (edit: constrictive) zoning plus rising population (ie rising demand) is itself sufficient to explain not only rising prices, but even accelerating price increases (since the demand curve isn’t linear). permalink fedilink source parent hideshow 3 child comments replies: [–] BearOfaTime@lemm.ee 2 points 2 years ago (2 children) That's only one element, and it's not everywhere. In my city, it's the opposite. They're pushing for more home construction and less commercial. permalink fedilink source parent hideshow 2 child comments replies: [+] wintermute_oregon@lemm.ee [S] -2 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] jimbolauski@lemm.ee 2 points 2 years ago The other problem areas have with rapidly growing the population is all the infrastructure that has to grow with it. My area has added three schools in the last 5 years and are near capacity, tripled water and sewer capacity (some future proofing), are constantly widening roads. They've started slow rolling rezoning so they can catch up which has caused home prices to jump 10% more compared to the surrounding areas. permalink fedilink source parent
[–] BearOfaTime@lemm.ee 2 points 2 years ago (2 children) That's only one element, and it's not everywhere. In my city, it's the opposite. They're pushing for more home construction and less commercial. permalink fedilink source parent hideshow 2 child comments replies: [+] wintermute_oregon@lemm.ee [S] -2 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] jimbolauski@lemm.ee 2 points 2 years ago The other problem areas have with rapidly growing the population is all the infrastructure that has to grow with it. My area has added three schools in the last 5 years and are near capacity, tripled water and sewer capacity (some future proofing), are constantly widening roads. They've started slow rolling rezoning so they can catch up which has caused home prices to jump 10% more compared to the surrounding areas. permalink fedilink source parent
[+] wintermute_oregon@lemm.ee [S] -2 points 2 years ago* (last edited 2 years ago) (1 child) [deleted] permalink fedilink source parent hideshow 1 child comment replies: [–] jimbolauski@lemm.ee 2 points 2 years ago The other problem areas have with rapidly growing the population is all the infrastructure that has to grow with it. My area has added three schools in the last 5 years and are near capacity, tripled water and sewer capacity (some future proofing), are constantly widening roads. They've started slow rolling rezoning so they can catch up which has caused home prices to jump 10% more compared to the surrounding areas. permalink fedilink source parent
[–] jimbolauski@lemm.ee 2 points 2 years ago The other problem areas have with rapidly growing the population is all the infrastructure that has to grow with it. My area has added three schools in the last 5 years and are near capacity, tripled water and sewer capacity (some future proofing), are constantly widening roads. They've started slow rolling rezoning so they can catch up which has caused home prices to jump 10% more compared to the surrounding areas. permalink fedilink source parent