Compzilla

3 ms·

1.
by Compzilla 1y ago
I get your point that you’re not the buyer, and you’re not the one inflating prices. That said, if you are worth as much as you say, you are clearly not middle income with average resources. You say I’m barking up the wrong tree, but the tr
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by Compzilla 1y ago
Fair enough. I see your point... probably a poor turn of phrase. I will avoid using it if I do post such a chronicle of transactions.
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by Compzilla 1y ago
I appreciate that you and your peer group are doing well, but saying, “if you don’t like it, leave” kind of proves my point. It illustrates a bit of tech wealth blindness. My mother always told me... "just because you can doesn't
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by Compzilla 1y ago
Well, you are entitled to your opinion. That said, I’m not trying to shame individual buyers. It is more just documenting sales that reflect a broken or speculative market. I think that is a valid "reason." All the addresses I men
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by Compzilla 1y ago
Yes! I would love to hear someone explain to me how they justified buying such an overvalued piece of real estate. How they allowed themselves to enter into a bidding war for a condominium. I mean this type of real estate is the most vulner
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by Compzilla 1y ago
It has always been a bit wackadoodle, but I remember 22-23 years ago, prices were high, but within earth's atmosphere.
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by Compzilla 1y ago
Yes, good point. Even a healthy correction won't restore affordability. A nice start would be for those with this kind of wealth to stop overpaying just because they have some deep-seated desire to live in SF.
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by Compzilla 1y ago
It seems totally seems plausible that investment groups could be responsible for this... the heaping on of more misery to the crippling affordability crisis there. Do you think they would stop if someone pointed out that they were definitel
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SF Housing Madness. Tired of Screaming into the Void
2 points by Compzilla 1y ago|27 comments