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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Geriatric Aquamarine Pervert
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
Wine tanning salon boiling water
  06/01/25
No sympathy on my end
Geriatric Aquamarine Pervert
  06/01/25
I have a mil at least in equity. Not that I care because it...
Wine tanning salon boiling water
  06/01/25
I have like $20k in equity because I bought my house and it ...
amber casino
  06/01/25
Lmfao
yellow theater
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Geriatric Aquamarine Pervert
  06/01/25
are you divorced with kids? i always thought you were single...
rose kitty cat
  06/02/25
good goy
Disgusting Henna Hospital
  06/01/25
Same thing has happened to me but I haven’t moved and ...
amber casino
  06/01/25
sometimes i pretend u r real
Disgusting Henna Hospital
  06/01/25
...
mauve masturbator
  06/01/25
we have seen photos, so he is indeed very real
Stimulating elite multi-billionaire
  06/01/25
I'm afraid he's very real.
brass institution windowlicker
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Brindle razzle-dazzle house
  06/01/25
There aren’t really any “booms” except in ...
bonkers doobsian scourge upon the earth stead
  06/01/25
He constantly does this. I recommend that others think hard ...
fuchsia legend theater stage
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Brindle razzle-dazzle house
  06/02/25
Florida seems cheap except like where the millionaire spic c...
bonkers doobsian scourge upon the earth stead
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
alcoholic church sex offender
  06/02/25
take a look at Toronto if you want a real laugh
Avocado wild public bath sweet tailpipe
  06/01/25
explain. with some links, if possible.
Stimulating elite multi-billionaire
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Avocado wild public bath sweet tailpipe
  06/01/25
180 what about Vancouver
Trip famous landscape painting piazza
  06/01/25
may have a bit more resilience than Toronto which is just en...
Avocado wild public bath sweet tailpipe
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Trip famous landscape painting piazza
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Stimulating elite multi-billionaire
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Avocado wild public bath sweet tailpipe
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Stimulating elite multi-billionaire
  06/01/25
Depends which way rates move I suppose
slap-happy ceo
  06/02/25
This is most American cities too now
Drab Aromatic Property Ape
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
At-the-ready burgundy stage
  06/02/25
generally, people who thought line goes up and it would be a...
Avocado wild public bath sweet tailpipe
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Boyish juggernaut space
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Razzle garnet gas station
  06/02/25
lol just checked zillow and my house is up 300k these num...
Disgusting Henna Hospital
  06/02/25
Wow so they would’ve been better off renting?
Titillating outnumbered national security agency keepsake machete
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Geriatric Aquamarine Pervert

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: Wine tanning salon boiling water

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: Geriatric Aquamarine Pervert

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: Wine tanning salon boiling water

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: amber casino

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: yellow theater

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: Geriatric Aquamarine Pervert

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: rose kitty cat

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: Disgusting Henna Hospital

good goy

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



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: amber casino

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: Disgusting Henna Hospital

sometimes i pretend u r real

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



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: mauve masturbator



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Stimulating elite multi-billionaire

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: brass institution windowlicker

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: Brindle razzle-dazzle house

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: bonkers doobsian scourge upon the earth stead

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: fuchsia legend theater stage

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: Brindle razzle-dazzle house

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: bonkers doobsian scourge upon the earth stead

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: alcoholic church sex offender

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: Avocado wild public bath sweet tailpipe

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: Stimulating elite multi-billionaire

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: Avocado wild public bath sweet tailpipe

- 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: Trip famous landscape painting piazza

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: Avocado wild public bath sweet tailpipe

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: Trip famous landscape painting piazza

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: Stimulating elite multi-billionaire

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: Avocado wild public bath sweet tailpipe

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: Stimulating elite multi-billionaire

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: slap-happy ceo

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: Drab Aromatic Property Ape

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: At-the-ready burgundy stage

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: Avocado wild public bath sweet tailpipe

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: Boyish juggernaut space

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: Razzle garnet gas station

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: Disgusting Henna Hospital

lol just checked zillow and my house is up 300k

these numbers are so fake man lmfao

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



Reply Favorite

Date: June 2nd, 2025 10:56 AM
Author: Titillating outnumbered national security agency keepsake machete

Wow so they would’ve been better off renting?

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