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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Green mind-boggling wagecucks market
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
exhilarant flushed theater stage
  06/01/25
No sympathy on my end
Green mind-boggling wagecucks market
  06/01/25
I have a mil at least in equity. Not that I care because it...
exhilarant flushed theater stage
  06/01/25
I have like $20k in equity because I bought my house and it ...
Exciting up-to-no-good rehab old irish cottage
  06/01/25
Lmfao
adventurous liquid oxygen
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Green mind-boggling wagecucks market
  06/01/25
are you divorced with kids? i always thought you were single...
Razzle Navy Sweet Tailpipe Shrine
  06/02/25
good goy
Vigorous jade location stock car
  06/01/25
Same thing has happened to me but I haven’t moved and ...
Exciting up-to-no-good rehab old irish cottage
  06/01/25
sometimes i pretend u r real
Vigorous jade location stock car
  06/01/25
...
supple soggy temple
  06/01/25
we have seen photos, so he is indeed very real
abnormal heady fat ankles scourge upon the earth
  06/01/25
I'm afraid he's very real.
dark arousing office gaming laptop
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Impressive hall degenerate
  06/01/25
There aren’t really any “booms” except in ...
startling frozen trust fund
  06/01/25
He constantly does this. I recommend that others think hard ...
Boyish forum rigpig
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Impressive hall degenerate
  06/02/25
Florida seems cheap except like where the millionaire spic c...
startling frozen trust fund
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
electric hospital cumskin
  06/02/25
take a look at Toronto if you want a real laugh
Lascivious meetinghouse haunted graveyard
  06/01/25
explain. with some links, if possible.
abnormal heady fat ankles scourge upon the earth
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Lascivious meetinghouse haunted graveyard
  06/01/25
180 what about Vancouver
Mustard dingle berry
  06/01/25
may have a bit more resilience than Toronto which is just en...
Lascivious meetinghouse haunted graveyard
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Mustard dingle berry
  06/01/25
oh wow! 5 year mortgages? that's nuts!
abnormal heady fat ankles scourge upon the earth
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Lascivious meetinghouse haunted graveyard
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
abnormal heady fat ankles scourge upon the earth
  06/01/25
Depends which way rates move I suppose
Stirring House
  06/02/25
This is most American cities too now
Poppy Vibrant Menage Affirmative Action
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Filthy odious chapel
  06/02/25
generally, people who thought line goes up and it would be a...
Lascivious meetinghouse haunted graveyard
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Idiotic curious set nowag
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
diverse apoplectic orchestra pit internal respiration
  06/02/25
lol just checked zillow and my house is up 300k these num...
Vigorous jade location stock car
  06/02/25
Wow so they would’ve been better off renting?
Smoky French Institution
  06/02/25


Poast new message in this thread



Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Green mind-boggling wagecucks market

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: exhilarant flushed theater stage

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: Green mind-boggling wagecucks market

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: exhilarant flushed theater stage

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: Exciting up-to-no-good rehab old irish cottage

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: adventurous liquid oxygen

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: Green mind-boggling wagecucks market

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: Razzle Navy Sweet Tailpipe Shrine

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: Vigorous jade location stock car

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: Exciting up-to-no-good rehab old irish cottage

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: Vigorous jade location stock car

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: supple soggy temple



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: abnormal heady fat ankles scourge upon the earth

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: dark arousing office gaming laptop

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: Impressive hall degenerate

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: startling frozen trust fund

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: Boyish forum rigpig

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: Impressive hall degenerate

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: startling frozen trust fund

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: electric hospital cumskin

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: Lascivious meetinghouse haunted graveyard

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: abnormal heady fat ankles scourge upon the earth

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: Lascivious meetinghouse haunted graveyard

- 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: Mustard dingle berry

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: Lascivious meetinghouse haunted graveyard

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: Mustard dingle berry

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: abnormal heady fat ankles scourge upon the earth

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: Lascivious meetinghouse haunted graveyard

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: abnormal heady fat ankles scourge upon the earth

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: Stirring House

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: Poppy Vibrant Menage Affirmative Action

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: Filthy odious chapel

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: Lascivious meetinghouse haunted graveyard

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: Idiotic curious set nowag

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: diverse apoplectic orchestra pit internal respiration

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: Vigorous jade location stock car

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: Smoky French Institution

Wow so they would’ve been better off renting?

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