That would be greatThat's because the people at Netflix and AliBaba are being overpaid. Sucks to be them because the house of cards they sit upon is falling.
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That would be greatThat's because the people at Netflix and AliBaba are being overpaid. Sucks to be them because the house of cards they sit upon is falling.
How much should they be paidThat's because the people at Netflix and AliBaba are being overpaid. Sucks to be them because the house of cards they sit upon is falling.
I agree. Curious what others think but i would love to see 2nd /vacation home property taxes hiked exponentially in HI while keeping owner occupied low/status quo.. Was it here or somewhere that i saw 1/5 of homes are unoccupied right now in the state? seems a ton of ppl who are scared of the markets are parking money here bc of low property taxes and its trickle down effect is low/middle class getting fkd. Real estate lobby would throw a fit though. they had all sorts of misleading ads and rhetoric couple years back when the teachers union proposed a tax on residential vacation properties to fund education. it has been nice though to see all these blow in real estate agent leeches cannibalize each other in the recent years.Homestead exemption/property tax savagely favoring owner-occupied housing so single-family homes went back to being a thing a family owned, and was more or less prohibitively expensive for, say the third home owned by someone. Because if you did this to second homes you'd kill demand in Florida's case (Big money doesn't live here. It lives in London, NYC, Moscow....)
Have met a guy who does security for 2 homes bought by one person that Billy Hamilton has hooked up with. The guy has bought the property where we used to hang out with the owners and played bocci ball, shot pool on Tuesday nights with and did Thanksgiving and Super Bowl parties with. When they sold, their asking price was $13,000,000 but they got waay more. A two story structure, both studios with the pool room and a two story home at the front of the property with 3 bedrooms and 2 1/2 baths with a huge kitchen, 4 homes up from PineTrees and the parking lot.we put in an offer for 100k over asking. asking was already 200k over adjacent home values. denied. houses are going 50%+ over asking price. who da fk r are these aholes with all this $$$
Pretty common for the super wealthy all over the world to park their money in luxury real estate, especially in the states.I agree. Curious what others think but i would love to see 2nd /vacation home property taxes hiked exponentially in HI while keeping owner occupied low/status quo.. Was it here or somewhere that i saw 1/5 of homes are unoccupied right now in the state? seems a ton of ppl who are scared of the markets are parking money here bc of low property taxes and its trickle down effect is low/middle class getting fkd. Real estate lobby would throw a fit though. they had all sorts of misleading ads and rhetoric couple years back when the teachers union proposed a tax on residential vacation properties to fund education. it has been nice though to see all these blow in real estate agent leeches cannibalize each other in the recent years.
Dont you care about corporations? They are people too...True, but this is only part of the pie. Huge conglomerates with $10 trillion in assets are also buying SFHs. We need reforms.
Is your business incorporated?Dont you care about corporations? They are people too...
No. That was just a Citizens United vs. FEC joke. That was the supreme court case where the conservative majority ruled that limiting political campaign spending violated the first amendment of corporations. Money = speech. Corporations = people. Flawless logic.Is your business incorporated?
Good luck trying to build anything on that lot.Here's an interesting piece of the Lost Coast for sale. The auction for it was supposed to be today but I hear that cell service wasn't good enough to get the online bidding going so the sale has been postponed.
After reading the history of that property I would imagine COVID was probably the last straw for the owner.Here's an interesting piece of the Lost Coast for sale. The auction for it was supposed to be today but I hear that cell service wasn't good enough to get the online bidding going so the sale has been postponed.