Board:   [WWIVnet] General Chat
Subject: Re: Nor'Easter
From:    Weatherman #1 @1 (Mark)
To:      Jahmas #29 @707
Date:    Thu Nov 13, 2025 19:42

J> My wife bought the house before I moved here and it was a good price. We
J> are diligently paying much more than the payment to pay it off. Meanwhile,
J> since it's Cape Cod and there isn't any new property, it's doubled in
J> value. Perhaps the best investment. What's disconcerting is the amount of
J> properties that are being purchased by big corporations and being flipped
J> into rentals which disenfranchises people from buying a home. This is
J> Boston's "Ocean City".

Yes, the "investment properties", especially the ones run from other countries
are a major issue.  The AirBNBs are totally killing the ability for regular
people to purchase properties.  All you see these days are rentals since many
can't even afford to buy anything.

- Mark

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