FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.worldEnglish · 1 month ago

They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses.

www.businessinsider.com

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They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses.

www.businessinsider.com

FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.worldEnglish · 1 month ago

Homeowners who bought at the peak of Austin's real estate frenzy are eating huge losses or crossing their fingers for a comeback.

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Peppycito@sh.itjust.works
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1 month ago
I like this joke: it’s a true patriot who gets a parking ticket and says ‘Hooray! The system works!’

It could be changed to the true capitalist who loses money on an investment and says ‘Hooray for the free market!’

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