Hacker News with Generative AI: Housing Market

The economy is going great, except for the housing market (investopedia.com)
Amid a recent spate of data showing the economy humming along smoothly, one sector has consistently stayed out of whack and it’s a big one: housing.

Economy, Housing Market, Finance

32 points by petethomas 21 days ago | 83 comments

Why Owning (and Buying) a Florida Condo Has 'Turned into a Nightmare' (nytimes.com)
Ten years ago, Howard and Sheila Konetz bought themselves a Florida dream: an 1,820-square-foot condo in a leafy gated community north of Miami, complete with access to a country club, tennis courts and swimming pools. The $478,500 purchase would usher them into blissful semiretirement, they thought. With enough cash in the bank, the couple didn’t need a mortgage and downsized from their house in Miami Beach.

Real Estate, Florida, Housing Market

11 points by howard941 49 days ago | 9 comments

Australia housing prices, rents surge as supply shortage deepens (nikkei.com)

Australia, Housing Market, Real Estate, Economics

12 points by mikhael 86 days ago | 19 comments

For most U.S. households, buying a home isn't within reach (marketplace.org)

Real Estate, Housing Market, Economics

7 points by mooreds 92 days ago | 0 comments

8.5% of U.S. homes have an estimated value of $1M or more, a record high (wsj.com)

Real Estate, Housing Market, Economy, United States

7 points by bookofjoe 96 days ago | 8 comments

It's the land, stupid: How the homebuilder cartel drives high housing prices (thebignewsletter.com)