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Crap Houses

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We have been at very low inventory levels here for years. Covid craziness made it worse, and drove prices sky high. One working class neighborhood I inspected in recently has more than doubled. 

I just pulled up my zip code. There's 7 listings, 4 are vacant land, 1 is distressed, 1 is a trainwreck of a foreclosure (vacant over a decade, leaking roofs, crumbling chimneys, and it's stigmatized...the last owner killed himself there). There is 1 saleable house out of 7 listings.

Nothing is getting inspected unless it's at the margins, top of the market or the bottom. It's worse than 08.

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