Wednesday, April 07, 2021

Kansas City Real Estate Agents Urge Suckers: Ignore Bubble, Buy Pricey House

This time is ALWAYS different for speculators:

MSNBC: There’s a COVID Housing Boom – and It’s Totally Different from Any We’ve Seen Before

Check the local manifestation of this trend . . .

Booming housing market likely to lead to higher property taxes across the metro

LIBERTY, Mo. - The Clay County Assessor's office notified 85,000 of the 93,000 property owners in the county of an increase in their home's or commercial property's value over the weekend. "We've never sent this many value changes out in the 20 some years I've been here, this is humongous," Clay County Assessor Cathy Rinehart said.

14 comments:

Anonymous said...

Is this still a boom or have we entered greater fool territory?

Anonymous said...

what goes up will nevar go down. They'll simply not increase as much after the crash has happened.

Anonymous said...


It was identical to this back in 08. I remember a house on Armour that sold for 700k and went into foreclosure and sold again for 250k. Reading a comment from a banker in FL said that people are overpaying then the houses that don't sell due to high prices are bought up by foreigners and used as rental when they can't rent them due to high rent they go into foreclosure. I've seen this many times and the bubble will pop aka correction.

Anonymous said...

You can't just print 10 Trillion, hand it out and not expect negative outcomes that are unpredictable. Oh..., yeah..., that's right, AOC has a degree in economics from Boston U so everything will be ok.

The Green New Deal will pay for itself.

What a fuckin joke.

Anonymous said...

^^No more of a joke then giving corporate welfare to big business in the form of a tax cut that blew a hole in the deficit did. Don’t you think or are you really that fucking dumb chuck? Don’t answer we know.

Anonymous said...

Clay County is just as aggressive as Jackson County was in raising assessments but when prices or foreclosures are happening around you they won't take that into account to lower your house value ,were almost at the point of renting from the county maybe they will do maintenance for us now

Anonymous said...

May lead to higher taxes ? You really think taxes are ever going to plummet ? More scum that inhabit the Earth, the more taxes you'll pay for them to breed like rats. Both fuck trophies and crime. Yes, your taxes will go up. If in fact you are a person that actually pays them vs bitches until you get your higher return than pay in.

Anonymous said...

Dipshit at 6:47, without corporations providing jobs and tax breaks to them. You will have your ass being a simple slave again and people going back to agriculture based economy. I doubt you can raise a simple potato, but I do bet you rely on some corporation to pay your bills and provide you work. Most likely through them pay taxes for your assistance. You do get assistance ? yes, you do. Now lie to us all and tell us you don't.I'd love to see dumbasses like you try to make it in an hunting gathering or agricultural / non corporation world. Helpless fucks that you have evolved into without evolving enough to think before you type replies.

Anonymous said...

^^3:34AM(????) Dude get a life! LOSER!

Anonymous said...

7:36 has no job. He is unemployed, possibly in the city jail internet room as we speak.

Anonymous said...

^^^^The city jail has an internet room? Do you know this from personal experience? Inquiring minds want to know!

Mike said...

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Mike said...

I just ate at the new Hawaiian Brothers Man is it tasty

Mike said...

I just ate at the new Hawaiian Brothers Man is it tasty