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US home prices rising 2 times faster than wages


tennisluvr

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On ‎5‎/‎30‎/‎2017 at 8:11 PM, Idassamed said:

SF bubble burst avvali nenu akkada illu konali

nuvvu mundu nidra levali..   @3$%

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On 5/30/2017 at 10:27 PM, tennisluvr said:

This is a surprise because usually when the demand to buy homes increases, the rents go down. 

However since there's excess demand and a shortage of supply, rents have been creeping up. 

Even in a B grade city like Charlotte, a 2 bedroom house in the Uptown area(downtown is called uptown here) is apparently $3300/month. 

At this rate, homelessness is bound to increase. All in all, this is the best time to be in real estate business. Till the bubble bursts of course. 

Nuvvu nenu homeless hopeless ee kada ankul 

edo murugan ankul lekka citizens aithe tappa vomerica lo manalanti mango ppl ki future ledu 

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On 5/30/2017 at 10:09 PM, tennisluvr said:

U.S. home prices climbed in March at the strongest rate in nearly three year as a dwindling supply of houses for sale is causing prices to significantly outpace income growth.

The Standard & Poor's CoreLogic Case-Shiller 20-city home price index released Tuesday rose 5.9 percent over the past 12 months ended in March, the most since July 2014. Home values are increasing at more than double the pace of average hourly earnings, making it more difficult for many people to afford to buy a home.

"Over the last year, analysts suggested that one factor pushing prices higher was the unusually low inventory of homes for sale," said David Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices. "People are staying in their homes longer rather than selling and trading up.

A steady job market has bulked up demand among many would-be buyers, but there are fewer properties on the market. Sales listings have plummeted 9 percent over the past year to 1.93 million, according to the National Association of Realtors. The shortage of homes to buy has caused prices to rise sharply in many metro areas.

The largest annual gain was in Seattle, where prices have surged 12.3 percent. Portland, Oregon recorded a 9.2 percent increase, while Dallas prices rose 8.6 percent.

Of the 20 cities in the index, the weakest gain was in New York City, an area where home prices are already high relative to median incomes. Home prices in New York City have risen 4.1 percent in the past year, still much higher than U.S. average hourly earnings that have increased 2.5 percent over the past 12 months, according to the Bureau of Labor Statistics.

Dallas lo peruguthaaledhuuu mana desis penchesthunnnaruuu..... real estate mafia ki telsu..desis ki loan easy ga approve...entha cheppithe antha isthaaru east facing aithe inka anthe 1 $ worth aina 100$ pay cheyyadaniki ready untaaru ani... so ala rates penchesthunnaruu.. non desi vachi enti intha expensive ani ante expensive em undhii memu already 10-15 houses ammesaaamu aa price range lo... chaala mandhi taking ani antaaaadu... aa chaala mandhi mana desis a....adhi matter

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2 minutes ago, Kalam_Youtheman said:

Dallas lo peruguthaaledhuuu mana desis penchesthunnnaruuu..... real estate mafia ki telsu..desis ki loan easy ga approve...entha cheppithe antha isthaaru east facing aithe inka anthe 1 $ worth aina 100$ pay cheyyadaniki ready untaaru ani... so ala rates penchesthunnaruu.. non desi vachi enti intha expensive ani ante expensive em undhii memu already 10-15 houses ammesaaamu aa price range lo... chaala mandhi taking ani antaaaadu... aa chaala mandhi mana desis a....adhi matter

Desi bhagaavo Dallas Bachao

ani udyamam start chestunnaranta Dallas lo thellollu karrollu... rates tagguthay wait chey man.. @Kalam_Youtheman

 

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Just now, Kalam_Youtheman said:

Dallas lo peruguthaaledhuuu mana desis penchesthunnnaruuu..... real estate mafia ki telsu..desis ki loan easy ga approve...entha cheppithe antha isthaaru east facing aithe inka anthe 1 $ worth aina 100$ pay cheyyadaniki ready untaaru ani... so ala rates penchesthunnaruu.. non desi vachi enti intha expensive ani ante expensive em undhii memu already 10-15 houses ammesaaamu aa price range lo... chaala mandhi taking ani antaaaadu... aa chaala mandhi mana desis a....adhi matter

East facing north facing muchata dallas ki kaadu motham US ki telsu, basic ga desis oste ne chaalu vallaki they know that we ppl are rich/ well off  among the immigrants ani. Inka daniki todu manollu bmw benz audi la nunchi digutharaye I feel whole housing scene in US is just a scam. I am just better of buying a piece of land from the city and build a tiny house on it. Waste of money. 

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Just now, Quickgun_murugan said:

Desi bhagaavo Dallas Bachao

ani udyamam start chestunnaranta Dallas lo thellollu karrollu... rates tagguthay wait chey man.. @Kalam_Youtheman

 

Lol ankul cheppina kada maa desis ante enduku neeku katchi especially those from dallas 

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5 minutes ago, dakumangalsingh said:

Lol ankul cheppina kada maa desis ante enduku neeku katchi especially those from dallas 

@3$%  penta chestunnarani thoti desis complain chestunnaru bro.... 

mainly Dallas lo..

appatlo nenu 1 month unte job openings lekunda chesaru... private companies lo...

Govt daya valla bathikipoyna...

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1 minute ago, Quickgun_murugan said:

@3$%  penta chestunnarani thoti desis complain chestunnaru bro.... 

mainly Dallas lo..

appatlo nenu 1 month unte job openings lekunda chesaru... private companies lo...

Govt daya valla bathikipoyna...

can you tell us what kind of desi you like?

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3 minutes ago, money_minded said:

can you tell us what kind of desi you like?

Live and Let live type Desis ante like bruh...

anni manamey anubhavinchali ...pakollani edaganiyyoddu anukuney type desis ante hate... unfortunately majority of the Desis are like that....

particualry in IT...

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1 minute ago, Quickgun_murugan said:

Live and Let live type Desis ante like bruh...

anni manamey anubhavinchali ...pakollani edaganiyyoddu anukuney type desis ante hate... unfortunately majority of the Desis are like that....

particualry in IT...

okay, nenu oka question adagocha?

lets say you become manager and need to hire someone. everything is in your hands. And your wife is looking for a job? 

ah job interview chesi best person ki istava leka ne wife ki istava?

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1 minute ago, money_minded said:

okay, nenu oka question adagocha?

lets say you become manager and need to hire someone. everything is in your hands. And your wife is looking for a job? 

ah job interview chesi best person ki istava leka ne wife ki istava?

if my wife is qualified for that position she gonna get that for sure.. or else it goes to some qualified person...

anthe kani maa family member job searching kada ani.. unna contractor ni peeki dobbi.. FT ki interview ki ochevallani select cheyyakunda finally maa family member ni recommend chese type aithe kadu.. already have seen lot and got vexed with that ...

Its okay to help saati desis but not to an extent where you hit someones only source of income for a double income in your family.. that happens lot in Desi conquered areas like Texas...

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Just now, Quickgun_murugan said:

if my wife is qualified for that position she gonna get that for sure.. or else it goes to some qualified person...

anthe kani maa family member job searching kada ani.. unna contractor ni peeki dobbi.. FT ki interview ki ochevallani select cheyyakunda finally maa family member ni recommend chese type aithe kadu.. already have seen lot and got vexed with that ...

Its okay to help saati desis but not to an extent where you hit someones only source of income for a double income in your family.. that happens lot in Desi conquered areas like Texas...

kaka dawath neeku felli ayinda

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