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https://x.com/i/grok/share/o2geGuohNffX1WocQ6XZOGF82
Good to see rents drop, keeps out the speculators and pushes those who want to leave the state to sell and not rent out.
TheAntiPanicanLearingCenter says
https://x.com/i/grok/share/o2geGuohNffX1WocQ6XZOGF82
Good to see rents drop, keeps out the speculators and pushes those who want to leave the state to sell and not rent out.
We pay about annual premium $1650 for HO-3 property insurance on our Panama City Beach townhome (3 bedroom, 2 bath, 2 car garage) and replacement value of $275,000. We are about a 2 mile walk (via sidewalk) to the white sand beaches and beach park.
Also there is a master insurance for the HOA for our building which is about $1400 a year. So overall $2850 per year for insurance ;
HOA master insurance and our own property insurance total to about 1.1% of our replacement value.
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.