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A comment on Zillow seeks to sell 7k homes for $2.8B after flipping halt. Parent comment

Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by noahtallen on Tuesday November 02, 2021 @01:43PM (#29084707)
> COVID, defund the police, rising crime, suburbs more attractive with work from home, etc.

If there are any cities for which this is true, it’s cities like Seattle and Portland. Theoretically, they are not desirable to live in because of COVID, very high crime rates, not idea for working from home, huge public safety problems, etc.

But rent is higher than it has ever been.

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by pvarangot on Tuesday November 02, 2021 @05:16PM (#29087476)
San Francisco, Seattle and Portland are great cities. Austin is a great city. Don't believe what the conservative media wants you to believe about SF or what the liberal media wants to make you believe about Austin. Those cities are used as an "example" of what the democrats/republicans "will do with the country" if they win national elections. It's been going on for like 30 years and if like 1% of what they said was true San Francisco would now be a pile of shit and homeless people and to live in Austin you would need to have your own army to defend against the evil corporations that are coming for your land.

The main problem with all those cities is public transportation sucks.

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by mercutio2 on Tuesday November 02, 2021 @06:32PM (#29088396)
I generally agree with your points!

Except the reason people in my social circle would never move to Austin isn’t about guns, it’s about women’s access to quality reproductive care, including abortion.

And I don’t think the democrats are exaggerating the extent to which that is not an option in Texas.

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by pvarangot on Tuesday November 02, 2021 @07:54PM (#29089209)
Yeah of course every once in a while you'll get something that's both real and both sucks about Austin and about San Francisco. That's how you get fuel to be able to exaggerate about everything else for a couple more years.
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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by meetups323 on Tuesday November 02, 2021 @03:25PM (#29086242)
Yes, they are very not desirable, so much crime, poor working from home experience, poor public safety, everything else the MSM wants you to believe, etc. Definitely don't come here....

Or maybe your sources are more interested in selling fear than accuracy.

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by ryanobjc on Tuesday November 02, 2021 @08:15PM (#29089420)
Exactly this. If these places are so terrible, at least according to uh, fox news, then why are they still so desirable?

One thing to remember is that sqft != quality of life. I know where to get tons of sqft, but I will be driving an hour every day to even find food. Quality of life... maybe if you never leave the house? ha!

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Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by xyzelement on Tuesday November 02, 2021 @02:06PM (#29085113)
Again, that's supply and demand. In NYC there was a demand hit when COVID started and there were great deals on rent. That's gone away because people have sort of come back.

My point is purely logical - the way to get rent down is to either increase supply or decrease demand. If crime, etc gets bad enough, demand will drop and rent with it. The argument you're making (implicitly) is that things haven't yet gotten bad enough for people to move out.

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