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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
bearded boyish fat ankles
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
galvanic nursing home sandwich
  06/01/25
No sympathy on my end
bearded boyish fat ankles
  06/01/25
I have a mil at least in equity. Not that I care because it...
galvanic nursing home sandwich
  06/01/25
I have like $20k in equity because I bought my house and it ...
blue meetinghouse reading party
  06/01/25
Lmfao
Violent histrionic preventive strike cruise ship
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
bearded boyish fat ankles
  06/01/25
are you divorced with kids? i always thought you were single...
Thirsty lodge boistinker
  06/02/25
good goy
Talented Bright Parlour Lettuce
  06/01/25
Same thing has happened to me but I haven’t moved and ...
blue meetinghouse reading party
  06/01/25
sometimes i pretend u r real
Talented Bright Parlour Lettuce
  06/01/25
...
Impertinent Sanctuary
  06/01/25
we have seen photos, so he is indeed very real
Nofapping market internal respiration
  06/01/25
I'm afraid he's very real.
garnet cheese-eating rehab
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Bat shit crazy dragon boiling water
  06/01/25
There aren’t really any “booms” except in ...
Cyan whorehouse
  06/01/25
He constantly does this. I recommend that others think hard ...
concupiscible really tough guy gay wizard
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Bat shit crazy dragon boiling water
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Cyan whorehouse
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
ocher degenerate space
  06/02/25
take a look at Toronto if you want a real laugh
Outnumbered pale factory reset button
  06/01/25
explain. with some links, if possible.
Nofapping market internal respiration
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Outnumbered pale factory reset button
  06/01/25
180 what about Vancouver
Red Racy Codepig Skinny Woman
  06/01/25
may have a bit more resilience than Toronto which is just en...
Outnumbered pale factory reset button
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Red Racy Codepig Skinny Woman
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Nofapping market internal respiration
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Outnumbered pale factory reset button
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Nofapping market internal respiration
  06/01/25
Depends which way rates move I suppose
Cocky site foreskin
  06/02/25
This is most American cities too now
Khaki tanning salon
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Rose Curious Resort
  06/02/25
generally, people who thought line goes up and it would be a...
Outnumbered pale factory reset button
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
contagious black woman legal warrant
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
fantasy-prone set
  06/02/25
lol just checked zillow and my house is up 300k these num...
Talented Bright Parlour Lettuce
  06/02/25
Wow so they would’ve been better off renting?
Cerebral Tantric Trust Fund
  06/02/25


Poast new message in this thread



Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: bearded boyish fat ankles

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

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



Reply Favorite

Date: June 1st, 2025 6:20 PM
Author: galvanic nursing home sandwich

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=2E#48979326)



Reply Favorite

Date: June 1st, 2025 6:21 PM
Author: bearded boyish fat ankles

No sympathy on my end

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



Reply Favorite

Date: June 1st, 2025 6:25 PM
Author: galvanic nursing home sandwich

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=2E#48979333)



Reply Favorite

Date: June 1st, 2025 6:29 PM
Author: blue meetinghouse reading party

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=2E#48979344)



Reply Favorite

Date: June 1st, 2025 7:29 PM
Author: Violent histrionic preventive strike cruise ship

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: bearded boyish fat ankles

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=2E#48979345)



Reply Favorite

Date: June 2nd, 2025 10:43 AM
Author: Thirsty lodge boistinker

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=2E#48980493)



Reply Favorite

Date: June 1st, 2025 6:24 PM
Author: Talented Bright Parlour Lettuce

good goy

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



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: blue meetinghouse reading party

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=2E#48979335)



Reply Favorite

Date: June 1st, 2025 6:26 PM
Author: Talented Bright Parlour Lettuce

sometimes i pretend u r real

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



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: Impertinent Sanctuary



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Nofapping market internal respiration

we have seen photos, so he is indeed very real

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



Reply Favorite

Date: June 1st, 2025 6:38 PM
Author: garnet cheese-eating rehab

I'm afraid he's very real.

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



Reply Favorite

Date: June 1st, 2025 6:28 PM
Author: Bat shit crazy dragon boiling water

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=2E#48979340)



Reply Favorite

Date: June 1st, 2025 8:38 PM
Author: Cyan whorehouse

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=2E#48979584)



Reply Favorite

Date: June 1st, 2025 9:52 PM
Author: concupiscible really tough guy gay wizard

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

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



Reply Favorite

Date: June 2nd, 2025 10:22 AM
Author: Bat shit crazy dragon boiling water

uh Florida? what's with the intellectual dishonesty?

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



Reply Favorite

Date: June 2nd, 2025 10:43 AM
Author: Cyan whorehouse

Florida seems cheap except like where the millionaire spic criminals live

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



Reply Favorite

Date: June 2nd, 2025 10:40 AM
Author: ocher degenerate space

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

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



Reply Favorite

Date: June 1st, 2025 6:36 PM
Author: Outnumbered pale factory reset button

take a look at Toronto if you want a real laugh



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



Reply Favorite

Date: June 1st, 2025 6:49 PM
Author: Nofapping market internal respiration

explain. with some links, if possible.

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



Reply Favorite

Date: June 1st, 2025 7:01 PM
Author: Outnumbered pale factory reset button

- 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=2E#48979406)



Reply Favorite

Date: June 1st, 2025 7:08 PM
Author: Red Racy Codepig Skinny Woman

180 what about Vancouver

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



Reply Favorite

Date: June 1st, 2025 7:16 PM
Author: Outnumbered pale factory reset button

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=2E#48979432)



Reply Favorite

Date: June 1st, 2025 8:04 PM
Author: Red Racy Codepig Skinny Woman

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=2E#48979518)



Reply Favorite

Date: June 1st, 2025 9:01 PM
Author: Nofapping market internal respiration

oh wow!

5 year mortgages? that's nuts!

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



Reply Favorite

Date: June 1st, 2025 9:08 PM
Author: Outnumbered pale factory reset button

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=2E#48979650)



Reply Favorite

Date: June 1st, 2025 9:43 PM
Author: Nofapping market internal respiration

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=2E#48979716)



Reply Favorite

Date: June 2nd, 2025 10:33 AM
Author: Cocky site foreskin

Depends which way rates move I suppose

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



Reply Favorite

Date: June 2nd, 2025 10:25 AM
Author: Khaki tanning salon

This is most American cities too now

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



Reply Favorite

Date: June 2nd, 2025 10:59 AM
Author: Rose Curious Resort

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=2E#48980530)



Reply Favorite

Date: June 2nd, 2025 11:13 AM
Author: Outnumbered pale factory reset button

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=2E#48980556)



Reply Favorite

Date: June 1st, 2025 9:43 PM
Author: contagious black woman legal warrant

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

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



Reply Favorite

Date: June 2nd, 2025 10:44 AM
Author: fantasy-prone set

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=2E#48980495)



Reply Favorite

Date: June 2nd, 2025 11:14 AM
Author: Talented Bright Parlour Lettuce

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=2E#48980560)



Reply Favorite

Date: June 2nd, 2025 10:56 AM
Author: Cerebral Tantric Trust Fund

Wow so they would’ve been better off renting?

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