NASHVILLE—Few Americans are getting squeezed by inflation in more different ways than the residents of Tennessee’s capital.
It’s Biden/Harris and the Dems new green deal.
This is just going to get worse, Biden and the EPA has stopped drilling in the largest on shore oil field in America. He wants a recession and $10-12 gas.
Call it what it really is.... A Recession
Great Depression since 1930 but 2023 year again Great Depression knock the door
Too bad they vote red and oppose child care, Medicare relief for RX, etc. Apparently they LIKE IT the way it is.
'Looks like you all are pretty much fucked' GG You dont know it yet, but we are add the initial stages of the Super-cycle Commodities Rally that will take Crude beyond $200 Like in 2008, when the $148 Crude Rally triggered the Global Financial Crisis
Is this really inflation, or gentrification?
Why isn’t San Francisco, LA and Portland having the same issues ?
We must to face this: was global inflation caused be the war in Ukraine? NO. It was caused because of dollar-based-reserved-currency!
And the GOP plan to address the problem? ... Waiting. ... Still waiting.
somebody save me.... where is Superman
Same 💩 happened in Dallas, been in the area now for 5 years, Nashville is a train wreck. Just wait and see what’s coming
It is not just Nashville. Colorado housing costs are high, families competing with VRBO’s and AirBnB. Those properties should pay the higher tax assessment as commercial properties, they compete with hotels and motels that pay the higher rate. FairTaxation
Move to California!
Same deal happening in Austin
LMAO first time? The rest of us Can't afford a house
No more blue staters in the real America please.
crybabyyxx
It’s time for Memphis to shine!
But c’mon, you get to hear at least five versions of “Friends in Low Places” within a 2 block walk. Jeez, Nashville citizens, look at the big picture.
I don't know if I'm supposed to offer my thoughts and prayers or donate to the red cross.
Notice how when you make your city habitable more people suddenly want to live there?
Fake news according to Joe Biden.
Same thing has happened in Palm Beach County.
Property taxes are through the roof up by 65% and renting is even worse. I left in 2018, a two bedroom in West end was $1100. The same apartment today… $2000. Nashville
Uhhh it’s called welcome to the United States lol it’s like that everywhere I left NJ & moved to NC & now you can’t even get a townhouse for less than $400k that’s no bigger than an apartment. The country is doing it to itself. No reason any 3bd/2ba should be anymore than $250k
It's called capitalism. I visited Nashville for the first time. I spoke with some locals who loved bad mouthing California. It now appears Nashville is in the find out phase of what a successful economy will bring.
Ah, the San Francisco-ization of Nashville is well underway. Enjoy!
Is happening in San Antonio also. Average house price is still around 280K and goes higher in some areas. A lot of investors acquiring properties cash to hold and lease, paying 20+K over asking price. This puts in disadvantage the regular buyer with a fha loan
All these things are part of the capitalist system
Gotta create new cities ffs. This is the same shit everywhere. New cities need to be incorporated.
Can confirm. Lived in Nashville 4 decades. POS homes have 24+ offers and go 30-40% over asking
Glad I moved!
It's not just Nashville. I live in East Tennessee and there is a housing shortage. People coming from out of state are out pricing people who have lived here their whole lives.
Where have you been WSJ? Vegas has been getting obliterated bcs of this for the last 2 yrs. I just lost my home because of it. 25 yrs I lived in Vegas and recently got pushed out of my city. This isnt news anymore. Its happening to people all over this country and it stinks.
Nashville is the non melanated version of Atlanta
Longtime residents should already own a home.
That’s the way she goes
Nashville is experiencing what every town is going through. I just hope Detroit and every town in the south goes through this beyond belief too
hoffman1039 👀👀
It's a liberal city now.
Welcome to the rest of the country
This is very frustrating because it’s happening EVERYWHERE. Because Dems don’t know how to properly run their cities and people are fleeing elsewhere, causing havoc for already residents.
This is why the answer isn't to just move somewhere cheaper instead of doing something about investors buying up all the real estate. It just spreads the problem around.
sucks to be poor?
When the topic of unaffordable homes in CA came up in the past people were quick to shout “Move somewhere you can afford, you're not entitled to live there.” Why are these same ppl not happy to meet their new neighbors? They too wanted to become homeowners somewhere affordable.🤷🏻♀️
Seems like lots of areas this is happening
Welcome to the new reality. Chi ago got gentrified yearssssss ago. The only neighborhood a regular person can afford to live is in poor areas with terrible schools and gun violence. Now it’s all white and full of lame boring Midwesterners
Just remember every republican voted against holding price gougers accountable
🇺🇸 housing pricing and inflation are going up, period. At this point in 2022, pretty lame to single out a city. Oh, fasten the seat belt. 2020’s is NOT the decade of Gone With the Wind, “tomorrow will be better.” It’s more like to today is the best day. 🙏🏻🌻
I h8te all you fuckers who moved here
Maybe other states should have actual affordable housing and then ppl wouldn't be moving to cheaper places. Just a thought
Communists theft ring
This is happening everywhere. Simply too many people chasing too few homes
Just like Florida
Welcome to Florida..
ChrisStapleton sang about this.
Please look at Texas president pandemic and now. You can't buy dirt.
I can't afford to have a shitty house. Shut up.
These companies definitely need to pay more and limits placed on rent because shit is ridiculous across the nation
Probably worth noting Nashville is literally a city full of people who go into a white hot rage every time someone mentions building more housing. I wonder if that’s had any effects on the rental market.
BraumLincoln Globalism?
Welcome to Tennessee. Not any different in Knoxville
Would an economic BUST be good for residents? What if the towns economy was stagnant? Would that be good?
Native here. Yes, Nashville is out of control. Not much cool about it anymore.
People are fleeing Democrat states. They will probably continue to vote Democrat and run Nashville into the ground in a decade or so.
Too bad. That’s the way things go. You can’t stop people from moving where they want to. Can you imagine people in LA or NYC crying bc too many people want to move there. This is all laughable
Ben Shapiro's fault.
If you leave town for somewhere with a less expensive cost of living you are doing the same thing the CA and NYC folks did when they moved to Nashville.
If the republicans would deregulate electricity it would open up competition and lower the cost their not about competition just corrupt government
h2opolomi2ca welp
I blame young couples with dual incomes in the low six figures and pandemic stimulus money. Why is that not being discussed? I can’t tell you how many people I know pocketed a home down payments worth of unemployment and used it to purchase a home in 2020/2021.
The Denver area is just as bad
Join the dilemma of people in college towns in south where retirees from the north move back to their alma-mater to watch sporting events. Try to be a teacher making 40k a year in towns where the medium housing price Is 400k.
Tennesee ? Republicans supposed to be helping AverageAmericanFamilies
Companies are fleeing high tax , high regulation states for places like Nashville, when their employees sell there expensive homes in CA, NY and NJ they have no issue buying what looks like bargain prices in TN that are way above normal for TN