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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Nighttime arrogant shrine skinny woman
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
spectacular principal's office laser beams
  06/01/25
No sympathy on my end
Nighttime arrogant shrine skinny woman
  06/01/25
I have a mil at least in equity. Not that I care because it...
spectacular principal's office laser beams
  06/01/25
I have like $20k in equity because I bought my house and it ...
beady-eyed infuriating mental disorder
  06/01/25
Lmfao
Razzle-dazzle famous landscape painting
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Nighttime arrogant shrine skinny woman
  06/01/25
are you divorced with kids? i always thought you were single...
Hairraiser Geriatric Hissy Fit Private Investor
  06/02/25
...
Nofapping athletic conference plaza
  06/01/25
Same thing has happened to me but I haven’t moved and ...
beady-eyed infuriating mental disorder
  06/01/25
...
Nofapping athletic conference plaza
  06/01/25
...
Mauve internal respiration university
  06/01/25
we have seen photos, so he is indeed very real
Indigo coffee pot
  06/01/25
I'm afraid he's very real.
exciting startled range
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Translucent Aromatic Azn Forum
  06/01/25
There aren’t really any “booms” except in ...
Poppy Elite Property
  06/01/25
He constantly does this. I recommend that others think hard ...
swashbuckling shitlib
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Translucent Aromatic Azn Forum
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Poppy Elite Property
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
sepia curious cuck
  06/02/25
take a look at Toronto if you want a real laugh
supple nudist really tough guy gaping
  06/01/25
explain. with some links, if possible.
Indigo coffee pot
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
supple nudist really tough guy gaping
  06/01/25
180 what about Vancouver
Arousing Maniacal Business Firm
  06/01/25
may have a bit more resilience than Toronto which is just en...
supple nudist really tough guy gaping
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Arousing Maniacal Business Firm
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Indigo coffee pot
  06/01/25
mortgages there aren't securitized and banks hold them on th...
supple nudist really tough guy gaping
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Indigo coffee pot
  06/01/25
Depends which way rates move I suppose
Trip blue prole lettuce
  06/02/25
This is most American cities too now
Motley locus
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Misanthropic philosopher-king queen of the night
  06/02/25
generally, people who thought line goes up and it would be a...
supple nudist really tough guy gaping
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
costumed wrinkle
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
dead theater stage hunting ground
  06/02/25
...
Nofapping athletic conference plaza
  06/02/25
Wow so they would’ve been better off renting?
Judgmental stage jap
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Nighttime arrogant shrine skinny woman

https://x.com/financeguypup/status/1928989799223890015?s=61&t=qNoPioDfrnAVO21rdpy9-w

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979304)



Reply Favorite

Date: June 1st, 2025 6:20 PM
Author: spectacular principal's office laser beams

100% finance is crazy otherwise they would have a 3% 30 year mortgage so who cares.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979326)



Reply Favorite

Date: June 1st, 2025 6:21 PM
Author: Nighttime arrogant shrine skinny woman

No sympathy on my end

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979328)



Reply Favorite

Date: June 1st, 2025 6:25 PM
Author: spectacular principal's office laser beams

I have a mil at least in equity. Not that I care because it only matters when you sell and I never will.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979333)



Reply Favorite

Date: June 1st, 2025 6:29 PM
Author: beady-eyed infuriating mental disorder

I have like $20k in equity because I bought my house and it promptly fell 20% in value. Almost like straight down.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979344)



Reply Favorite

Date: June 1st, 2025 7:29 PM
Author: Razzle-dazzle famous landscape painting

Lmfao

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979460)



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: Nighttime arrogant shrine skinny woman

Same. I don’t even factor it into my NW.

I paid it off in 15 years and haven’t had a mortgage in a decade.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979345)



Reply Favorite

Date: June 2nd, 2025 10:43 AM
Author: Hairraiser Geriatric Hissy Fit Private Investor

are you divorced with kids? i always thought you were single but holding RE forever as a single man doesn't make any sense, maybe big city condo you can rent out or whatever

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980493)



Reply Favorite

Date: June 1st, 2025 6:24 PM
Author: Nofapping athletic conference plaza



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979331)



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: beady-eyed infuriating mental disorder

Same thing has happened to me but I haven’t moved and I don’t need to sell right now. I also put 20% down so I’m not exactly in the red, but a house on my street with a pool, whole house generator, more square footage and full renovation just sold for what we paid for ours 2 years ago. So down about $100k, just like these folks.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979335)



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: Nofapping athletic conference plaza



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979337)



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: Mauve internal respiration university



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979343)



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Indigo coffee pot

we have seen photos, so he is indeed very real

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979348)



Reply Favorite

Date: June 1st, 2025 6:38 PM
Author: exciting startled range

I'm afraid he's very real.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979360)



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: Translucent Aromatic Azn Forum

this is the fatal flaw with sunbelt real estate. if you're going to sell you have to time the boom or else you bust. buying during the boom is retarded.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979340)



Reply Favorite

Date: June 1st, 2025 8:38 PM
Author: Poppy Elite Property

There aren’t really any “booms” except in Austin and maybe Nashville. You’re begging the question.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979584)



Reply Favorite

Date: June 1st, 2025 9:52 PM
Author: swashbuckling shitlib

He constantly does this. I recommend that others think hard before engaging.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979739)



Reply Favorite

Date: June 2nd, 2025 10:22 AM
Author: Translucent Aromatic Azn Forum

uh Florida? what's with the intellectual dishonesty?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980458)



Reply Favorite

Date: June 2nd, 2025 10:43 AM
Author: Poppy Elite Property

Florida seems cheap except like where the millionaire spic criminals live

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980494)



Reply Favorite

Date: June 2nd, 2025 10:40 AM
Author: sepia curious cuck

the austin boom lasted around 12 years. pretty hard to wait that out.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980491)



Reply Favorite

Date: June 1st, 2025 6:36 PM
Author: supple nudist really tough guy gaping

take a look at Toronto if you want a real laugh



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979355)



Reply Favorite

Date: June 1st, 2025 6:49 PM
Author: Indigo coffee pot

explain. with some links, if possible.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979391)



Reply Favorite

Date: June 1st, 2025 7:01 PM
Author: supple nudist really tough guy gaping

- Canada has an insane real estate bubble that appeared during COVID

- It is propped up by Chinese speculators, and by low wage Turd immigrants living 19 to a house

- Mortgages in Canada generally have a 5 year term, and they are all coming up for renewal right about now at interest rates much higher than when the houses were originally purchased leading to some serious problems

https://x.com/ShaziGoalie/status/1925259171198345276

https://x.com/ShaziGoalie/status/1927137759270989834

https://x.com/ShaziGoalie/status/1928824393901154762

https://x.com/ShaziGoalie/status/1925904653473960204



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979406)



Reply Favorite

Date: June 1st, 2025 7:08 PM
Author: Arousing Maniacal Business Firm

180 what about Vancouver

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979419)



Reply Favorite

Date: June 1st, 2025 7:16 PM
Author: supple nudist really tough guy gaping

may have a bit more resilience than Toronto which is just endless miles of shitty homes and condos thrown up in cornfields



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979432)



Reply Favorite

Date: June 1st, 2025 8:04 PM
Author: Arousing Maniacal Business Firm

Are ACCBs still allowed in Vancouver? The number of normal SFHs and condos all selling for $8 million++ was retarded

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979518)



Reply Favorite

Date: June 1st, 2025 9:01 PM
Author: Indigo coffee pot

oh wow!

5 year mortgages? that's nuts!

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979635)



Reply Favorite

Date: June 1st, 2025 9:08 PM
Author: supple nudist really tough guy gaping

mortgages there aren't securitized and banks hold them on their books. so they aren't giving you a 30-year 2% mortgage.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979650)



Reply Favorite

Date: June 1st, 2025 9:43 PM
Author: Indigo coffee pot

ah ok.

> mortgages there aren't securitized

isn't that a good thing? i mean considering what happened here in 2008-9?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979716)



Reply Favorite

Date: June 2nd, 2025 10:33 AM
Author: Trip blue prole lettuce

Depends which way rates move I suppose

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980481)



Reply Favorite

Date: June 2nd, 2025 10:25 AM
Author: Motley locus

This is most American cities too now

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980465)



Reply Favorite

Date: June 2nd, 2025 10:59 AM
Author: Misanthropic philosopher-king queen of the night

Who buys a 1.48 million house and then rents it out for 2700/month? Doesn't make sense... Did they subdivide a chunk of land from it or is it money laundering

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980530)



Reply Favorite

Date: June 2nd, 2025 11:13 AM
Author: supple nudist really tough guy gaping

generally, people who thought line goes up and it would be a $2.3m house in a year.

that dump was purchased for an insane price pre-covid though, so not sure what was up. maybe walking distance to a synagogue or something.



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980556)



Reply Favorite

Date: June 1st, 2025 9:43 PM
Author: costumed wrinkle

Didn’t they ban foreign buying in Canada a while back?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48979718)



Reply Favorite

Date: June 2nd, 2025 10:44 AM
Author: dead theater stage hunting ground

JFC, my house is supposedly worth almost twice what I bought it for in 2020.

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980495)



Reply Favorite

Date: June 2nd, 2025 11:14 AM
Author: Nofapping athletic conference plaza



(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980560)



Reply Favorite

Date: June 2nd, 2025 10:56 AM
Author: Judgmental stage jap

Wow so they would’ve been better off renting?

(http://www.autoadmit.com/thread.php?thread_id=5732259&forum_id=2:#48980519)