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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
medicated market party of the first part
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
Ungodly immigrant selfie
  06/01/25
No sympathy on my end
medicated market party of the first part
  06/01/25
I have a mil at least in equity. Not that I care because it...
Ungodly immigrant selfie
  06/01/25
I have like $20k in equity because I bought my house and it ...
insanely creepy wonderful location
  06/01/25
Lmfao
apoplectic nibblets
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
medicated market party of the first part
  06/01/25
are you divorced with kids? i always thought you were single...
motley ruddy liquid oxygen area
  06/02/25
good goy
fighting faggotry corner
  06/01/25
Same thing has happened to me but I haven’t moved and ...
insanely creepy wonderful location
  06/01/25
sometimes i pretend u r real
fighting faggotry corner
  06/01/25
...
salmon useless brakes travel guidebook
  06/01/25
we have seen photos, so he is indeed very real
Bisexual Godawful Organic Girlfriend
  06/01/25
I'm afraid he's very real.
Trip stage
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
deranged elastic band round eye
  06/01/25
There aren’t really any “booms” except in ...
stimulating saffron boltzmann
  06/01/25
He constantly does this. I recommend that others think hard ...
irradiated indigo site
  06/01/25
uh Florida? what's with the intellectual dishonesty?
deranged elastic band round eye
  06/02/25
Florida seems cheap except like where the millionaire spic c...
stimulating saffron boltzmann
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
diverse mint antidepressant drug
  06/02/25
take a look at Toronto if you want a real laugh
hairraiser international law enforcement agency theater
  06/01/25
explain. with some links, if possible.
Bisexual Godawful Organic Girlfriend
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
hairraiser international law enforcement agency theater
  06/01/25
180 what about Vancouver
Hyperventilating hot lay
  06/01/25
may have a bit more resilience than Toronto which is just en...
hairraiser international law enforcement agency theater
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Hyperventilating hot lay
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Bisexual Godawful Organic Girlfriend
  06/01/25
mortgages there aren't securitized and banks hold them on th...
hairraiser international law enforcement agency theater
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Bisexual Godawful Organic Girlfriend
  06/01/25
Depends which way rates move I suppose
Useless exciting theater stage famous landscape painting
  06/02/25
This is most American cities too now
Flickering copper senate
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
concupiscible tanning salon gay wizard
  06/02/25
generally, people who thought line goes up and it would be a...
hairraiser international law enforcement agency theater
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Vibrant lime corn cake
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Citrine whorehouse
  06/02/25
lol just checked zillow and my house is up 300k these num...
fighting faggotry corner
  06/02/25
Wow so they would’ve been better off renting?
aromatic fantasy-prone base clown
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: medicated market party of the first part

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: Ungodly immigrant selfie

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: medicated market party of the first part

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: Ungodly immigrant selfie

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: insanely creepy wonderful location

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: apoplectic nibblets

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: medicated market party of the first part

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: motley ruddy liquid oxygen area

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: fighting faggotry corner

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: insanely creepy wonderful location

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: fighting faggotry corner

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: salmon useless brakes travel guidebook



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Bisexual Godawful Organic Girlfriend

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: Trip stage

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: deranged elastic band round eye

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: stimulating saffron boltzmann

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: irradiated indigo site

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: deranged elastic band round eye

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: stimulating saffron boltzmann

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: diverse mint antidepressant drug

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: hairraiser international law enforcement agency theater

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: Bisexual Godawful Organic Girlfriend

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: hairraiser international law enforcement agency theater

- 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: Hyperventilating hot lay

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: hairraiser international law enforcement agency theater

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: Hyperventilating hot lay

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: Bisexual Godawful Organic Girlfriend

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: hairraiser international law enforcement agency theater

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: Bisexual Godawful Organic Girlfriend

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: Useless exciting theater stage famous landscape painting

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: Flickering copper senate

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: concupiscible tanning salon gay wizard

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: hairraiser international law enforcement agency theater

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: Vibrant lime corn cake

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: Citrine whorehouse

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: fighting faggotry corner

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: aromatic fantasy-prone base clown

Wow so they would’ve been better off renting?

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