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someone explain how so many people are buying $3-4 million houses

i dont understand this, there aren't that many people who ca...
At-the-ready soul-stirring market trust fund
  08/15/18
lots of people can afford that. most people are rich, bro
Thriller Puce Twinkling Uncleanness
  08/15/18
Around 20-25% of them are in fact all cash buyers. I'd g...
Fuchsia Resort
  08/15/18
jfc
At-the-ready soul-stirring market trust fund
  08/15/18
are you not familiar with ACCB
jade church building
  08/15/18
interest-only loans
mewling school cafeteria
  08/15/18
Smart
Bistre electric furnace stock car
  08/15/18
I used to drive around west Los Angeles and marvel at the sh...
chocolate razzmatazz giraffe faggot firefighter
  08/15/18
it doesnt make any sense
At-the-ready soul-stirring market trust fund
  08/15/18
http://ontheworldmap.com/china/china-location-on-the-asia-ma...
Glassy mind-boggling stage
  08/15/18
...
thirsty wine shrine legal warrant
  08/15/18
...
Laughsome den internal respiration
  08/16/18
They're all going to be sold for much cheaper in the next re...
disgusting garnet range wagecucks
  08/15/18
You bought a house a while ago, you sold it for $1 million. ...
Bistre electric furnace stock car
  08/15/18
congrats! your property taxes alone are now $50k.
At-the-ready soul-stirring market trust fund
  08/15/18
Spreadsheet says you can afford it! Here are the keys!
Bistre electric furnace stock car
  08/15/18
they're all egeneral contractors who made their money buildi...
abnormal talented principal's office weed whacker
  08/15/18
...
Multi-colored Claret Stain Police Squad
  08/16/18
can confirm at least a thousand of these homes near me and a...
diverse area
  08/15/18
(((leveraged))) to the hilt
Cordovan Office
  08/15/18
...
At-the-ready soul-stirring market trust fund
  08/16/18
there are tens of thousands of big law attorneys, tens of th...
godawful fanboi
  08/16/18
Salarycucks cant really afford 3m dollar homes.
jade church building
  08/16/18
In general you’re right but it depends what you mean by “aff...
marvelous orchestra pit
  08/16/18
Retarded to take significant debt to pay for a house like th...
disgusting garnet range wagecucks
  08/17/18
My friend lives near Fort Lauderdale which is fine but not s...
marvelous orchestra pit
  08/16/18
Boat salesmen?
chocolate razzmatazz giraffe faggot firefighter
  08/16/18
...
Boyish Magenta Set Kitty Cat
  08/16/18
santa monica is now basically all .01%-rich or elite foreign...
misunderstood iridescent national security agency box office
  08/17/18
All cash Chinese buyers
Big twinkling meetinghouse
  08/17/18
30 year old boomers
balding kitchen
  08/17/18


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Reply Favorite

Date: August 15th, 2018 2:45 PM
Author: At-the-ready soul-stirring market trust fund

i dont understand this, there aren't that many people who can afford this even with family help

but these new construction houses keep being build and sold left and right

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621589)



Reply Favorite

Date: August 15th, 2018 2:46 PM
Author: Thriller Puce Twinkling Uncleanness

lots of people can afford that. most people are rich, bro

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621597)



Reply Favorite

Date: August 15th, 2018 2:49 PM
Author: Fuchsia Resort

Around 20-25% of them are in fact all cash buyers.

I'd guess another large portion have gigantic mortgages, most likely ARMs, and qualify based on lawyer/doctor type dual incomes.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621609)



Reply Favorite

Date: August 15th, 2018 2:50 PM
Author: At-the-ready soul-stirring market trust fund

jfc

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621624)



Reply Favorite

Date: August 15th, 2018 2:50 PM
Author: jade church building

are you not familiar with ACCB

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621617)



Reply Favorite

Date: August 15th, 2018 2:51 PM
Author: mewling school cafeteria

interest-only loans

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621628)



Reply Favorite

Date: August 15th, 2018 6:07 PM
Author: Bistre electric furnace stock car

Smart

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622791)



Reply Favorite

Date: August 15th, 2018 2:52 PM
Author: chocolate razzmatazz giraffe faggot firefighter

I used to drive around west Los Angeles and marvel at the sheer number of people who have the money to purchase a 2m+ home.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621632)



Reply Favorite

Date: August 15th, 2018 2:53 PM
Author: At-the-ready soul-stirring market trust fund

it doesnt make any sense

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621644)



Reply Favorite

Date: August 15th, 2018 2:52 PM
Author: Glassy mind-boggling stage

http://ontheworldmap.com/china/china-location-on-the-asia-map.jpg

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621640)



Reply Favorite

Date: August 15th, 2018 6:06 PM
Author: thirsty wine shrine legal warrant



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622783)



Reply Favorite

Date: August 16th, 2018 12:46 AM
Author: Laughsome den internal respiration



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624976)



Reply Favorite

Date: August 15th, 2018 6:05 PM
Author: disgusting garnet range wagecucks

They're all going to be sold for much cheaper in the next recession.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622780)



Reply Favorite

Date: August 15th, 2018 6:06 PM
Author: Bistre electric furnace stock car

You bought a house a while ago, you sold it for $1 million. You roll that into the new house and your HHI is $500k.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622787)



Reply Favorite

Date: August 15th, 2018 6:16 PM
Author: At-the-ready soul-stirring market trust fund

congrats! your property taxes alone are now $50k.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622832)



Reply Favorite

Date: August 15th, 2018 6:16 PM
Author: Bistre electric furnace stock car

Spreadsheet says you can afford it! Here are the keys!

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622836)



Reply Favorite

Date: August 15th, 2018 6:07 PM
Author: abnormal talented principal's office weed whacker

they're all egeneral contractors who made their money building houses for other millionaires. once somebody realizes what's up the whole thing is gonna topple

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622790)



Reply Favorite

Date: August 16th, 2018 12:51 AM
Author: Multi-colored Claret Stain Police Squad



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624996)



Reply Favorite

Date: August 15th, 2018 6:08 PM
Author: diverse area

can confirm at least a thousand of these homes near me and all are bought and sold like flapjacks by boomers from new jersey and arizona.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622794)



Reply Favorite

Date: August 15th, 2018 6:16 PM
Author: Cordovan Office

(((leveraged))) to the hilt

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622834)



Reply Favorite

Date: August 16th, 2018 12:41 AM
Author: At-the-ready soul-stirring market trust fund



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624943)



Reply Favorite

Date: August 16th, 2018 12:50 AM
Author: godawful fanboi

there are tens of thousands of big law attorneys, tens of thousands of doctors, tens of thousands of tech sector bros, tens of thousands of rich kids with rich parents, tens of thousands of people with 1m+ equity in their current homes that need to move.

the population is increasing and that includes the rich.

also, the economy is doing well so people have more money on paper right now. in theory the relative price of a million dollar house is much cheaper given inflation, stock growth, etc.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624991)



Reply Favorite

Date: August 16th, 2018 8:05 AM
Author: jade church building

Salarycucks cant really afford 3m dollar homes.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625622)



Reply Favorite

Date: August 16th, 2018 8:44 AM
Author: marvelous orchestra pit

In general you’re right but it depends what you mean by “afford”

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625667)



Reply Favorite

Date: August 17th, 2018 1:44 PM
Author: disgusting garnet range wagecucks

Retarded to take significant debt to pay for a house like that.

a) no one needs a 7 figure house anywhere, let alone a 7 figure house several times over.

b) anyone with a brain realizes the economy is doing well but it won't last forever. People who are stretching themselves to get these houses will be losing them in the next downturn.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633406)



Reply Favorite

Date: August 16th, 2018 8:43 AM
Author: marvelous orchestra pit

My friend lives near Fort Lauderdale which is fine but not super fancy and you can drive around and pass canal after canal filled with 1 million+ dollar boats. And this is just what these people are spending on BOATS. Always try to figure out what all these people do for a living

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625665)



Reply Favorite

Date: August 16th, 2018 10:35 AM
Author: chocolate razzmatazz giraffe faggot firefighter

Boat salesmen?

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36626020)



Reply Favorite

Date: August 16th, 2018 8:46 AM
Author: Boyish Magenta Set Kitty Cat



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625669)



Reply Favorite

Date: August 17th, 2018 1:49 PM
Author: misunderstood iridescent national security agency box office

santa monica is now basically all .01%-rich or elite foreigners. it's absurd. like $6m for a 2000 sq ft place that isn't total shit.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633438)



Reply Favorite

Date: August 17th, 2018 1:51 PM
Author: Big twinkling meetinghouse

All cash Chinese buyers

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633453)



Reply Favorite

Date: August 17th, 2018 1:53 PM
Author: balding kitchen

30 year old boomers

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633463)