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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
flesh maniacal base
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
Swollen azure theatre queen of the night
  06/01/25
No sympathy on my end
flesh maniacal base
  06/01/25
I have a mil at least in equity. Not that I care because it...
Swollen azure theatre queen of the night
  06/01/25
I have like $20k in equity because I bought my house and it ...
spectacular trust fund site
  06/01/25
Lmfao
bat shit crazy theater stage crotch
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
flesh maniacal base
  06/01/25
are you divorced with kids? i always thought you were single...
Walnut Idea He Suggested Gas Station
  06/02/25
...
Big Aqua Resort
  06/01/25
Same thing has happened to me but I haven’t moved and ...
spectacular trust fund site
  06/01/25
...
Big Aqua Resort
  06/01/25
...
multi-colored fuchsia address
  06/01/25
we have seen photos, so he is indeed very real
racy dysfunction
  06/01/25
I'm afraid he's very real.
alcoholic avocado box office wagecucks
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Razzmatazz theater
  06/01/25
There aren’t really any “booms” except in ...
aromatic crimson nursing home new version
  06/01/25
He constantly does this. I recommend that others think hard ...
laughsome corner
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Razzmatazz theater
  06/02/25
Florida seems cheap except like where the millionaire spic c...
aromatic crimson nursing home new version
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
fishy goyim
  06/02/25
take a look at Toronto if you want a real laugh
Dashing irate national security agency point
  06/01/25
explain. with some links, if possible.
racy dysfunction
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Dashing irate national security agency point
  06/01/25
180 what about Vancouver
Aphrodisiac balding whorehouse
  06/01/25
may have a bit more resilience than Toronto which is just en...
Dashing irate national security agency point
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Aphrodisiac balding whorehouse
  06/01/25
oh wow! 5 year mortgages? that's nuts!
racy dysfunction
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Dashing irate national security agency point
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
racy dysfunction
  06/01/25
Depends which way rates move I suppose
talented disrespectful den
  06/02/25
This is most American cities too now
Smoky haunting liquid oxygen crackhouse
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Gold pungent gaming laptop
  06/02/25
generally, people who thought line goes up and it would be a...
Dashing irate national security agency point
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
dark naked stage
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Beta twinkling uncleanness parlor
  06/02/25
...
Big Aqua Resort
  06/02/25
Wow so they would’ve been better off renting?
hyperactive slate spot
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: flesh maniacal base

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: Swollen azure theatre queen of the night

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: flesh maniacal base

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: Swollen azure theatre queen of the night

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: spectacular trust fund site

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: bat shit crazy theater stage crotch

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: flesh maniacal base

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: Walnut Idea He Suggested Gas Station

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: Big Aqua Resort



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



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: spectacular trust fund site

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: Big Aqua Resort



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



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: multi-colored fuchsia address



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: racy dysfunction

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: alcoholic avocado box office wagecucks

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: Razzmatazz theater

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: aromatic crimson nursing home new version

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: laughsome corner

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: Razzmatazz theater

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: aromatic crimson nursing home new version

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: fishy goyim

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: Dashing irate national security agency point

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: racy dysfunction

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: Dashing irate national security agency point

- 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: Aphrodisiac balding whorehouse

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: Dashing irate national security agency point

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: Aphrodisiac balding whorehouse

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: racy dysfunction

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: Dashing irate national security agency point

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: racy dysfunction

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: talented disrespectful den

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: Smoky haunting liquid oxygen crackhouse

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: Gold pungent gaming laptop

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: Dashing irate national security agency point

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: dark naked stage

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: Beta twinkling uncleanness parlor

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: Big Aqua Resort



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



Reply Favorite

Date: June 2nd, 2025 10:56 AM
Author: hyperactive slate spot

Wow so they would’ve been better off renting?

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