Submitted by boingochoingo t3_10w56s9 in RhodeIsland
MuckFike69420 t1_j7l1u5w wrote
Yeah our housing market is ruined by people out of state. It sucks, every time I read a "relocating to RI tehehe" in this sub it makes me want to bash someone. All I want is to buy a damn home and stop wasting money renting.
r0k0v t1_j7l700p wrote
Yeah I mean technically our housing market is ruined by out of state , but it isn’t because of people moving from Texas or Tennessee or the rest of the country. Most of the price increases in RI are a downstream effect of the housing costs in Mass and people moving to RI.
This is really more of a supply problem than a demand problem. If Mass wasn’t full of wealthy nimby suburbs located next to major cities/employment centers we wouldn’t have nearly as much of a problem in RI.
So I agree with you, but let’s be specific in pointing out that this is mostly Massachusetts’ fault. The same scale/change in price has been seen in Taunton, Fall River, Worcester, haverhill, and other old industrial cities because there is a massive mismatch between where employment is and where affordable housing is.
MuckFike69420 t1_j7lap3v wrote
I'd agree with you but while most are from Mass, relatively wealthy people are flocking here in droves from all over and eating up housing where I live. Some are not buying but renting which is just as big of an issue. I met a new family from Texas and one from north Carolina that moved into my apartment building this past week.
ghogan1010 t1_j7l3pxu wrote
You working with an agent?
MuckFike69420 t1_j7l4eod wrote
I'm working to save my pennies and find somewhere to put myself and my borderline poverty, aging parents. Have not done anything formal with an agent.
MuckFike69420 t1_j7ladw5 wrote
Cowardly downvotes lads
Uncle_Tony96 t1_j7l8sze wrote
Unpopular opinion according to the downvotes but I 100% agree with you. People will complain about the housing market but then in the same breath welcome all these people with open arms. I was born here, all my family and friends live here, and I’m fighting for my life just to stay here. Go back to wherever youre from please
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