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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Drab cheese-eating theater stage
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
blathering swollen center circlehead
  06/01/25
No sympathy on my end
Drab cheese-eating theater stage
  06/01/25
I have a mil at least in equity. Not that I care because it...
blathering swollen center circlehead
  06/01/25
I have like $20k in equity because I bought my house and it ...
poppy nofapping bawdyhouse deer antler
  06/01/25
Lmfao
Electric Abusive Lay
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Drab cheese-eating theater stage
  06/01/25
are you divorced with kids? i always thought you were single...
Razzle-dazzle bearded feces shitlib
  06/02/25
good goy
Frisky whorehouse
  06/01/25
Same thing has happened to me but I haven’t moved and ...
poppy nofapping bawdyhouse deer antler
  06/01/25
sometimes i pretend u r real
Frisky whorehouse
  06/01/25
...
bonkers ocher gay wizard kitchen
  06/01/25
we have seen photos, so he is indeed very real
dashing metal giraffe
  06/01/25
I'm afraid he's very real.
Histrionic disgusting stead
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Fuchsia nibblets
  06/01/25
There aren’t really any “booms” except in ...
Violent lodge trump supporter
  06/01/25
He constantly does this. I recommend that others think hard ...
sapphire cracking point ratface
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Fuchsia nibblets
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Violent lodge trump supporter
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
Boyish Emerald Headpube Site
  06/02/25
take a look at Toronto if you want a real laugh
twinkling stimulating potus
  06/01/25
explain. with some links, if possible.
dashing metal giraffe
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
twinkling stimulating potus
  06/01/25
180 what about Vancouver
mischievous school dingle berry
  06/01/25
may have a bit more resilience than Toronto which is just en...
twinkling stimulating potus
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
mischievous school dingle berry
  06/01/25
oh wow! 5 year mortgages? that's nuts!
dashing metal giraffe
  06/01/25
mortgages there aren't securitized and banks hold them on th...
twinkling stimulating potus
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
dashing metal giraffe
  06/01/25
Depends which way rates move I suppose
razzmatazz garrison boltzmann
  06/02/25
This is most American cities too now
thriller useless brakes
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
heady elastic band hospital
  06/02/25
generally, people who thought line goes up and it would be a...
twinkling stimulating potus
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Bronze den
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Wild Stage
  06/02/25
lol just checked zillow and my house is up 300k these num...
Frisky whorehouse
  06/02/25
Wow so they would’ve been better off renting?
180 state
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Drab cheese-eating theater stage

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: blathering swollen center circlehead

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: Drab cheese-eating theater stage

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: blathering swollen center circlehead

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: poppy nofapping bawdyhouse deer antler

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: Electric Abusive Lay

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: Drab cheese-eating theater stage

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-dazzle bearded feces shitlib

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: Frisky whorehouse

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: poppy nofapping bawdyhouse deer antler

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: Frisky whorehouse

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: bonkers ocher gay wizard kitchen



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: dashing metal giraffe

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: Histrionic disgusting stead

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: Fuchsia nibblets

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: Violent lodge trump supporter

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: sapphire cracking point ratface

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: Fuchsia nibblets

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: Violent lodge trump supporter

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: Boyish Emerald Headpube Site

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: twinkling stimulating potus

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: dashing metal giraffe

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: twinkling stimulating potus

- 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: mischievous school 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: twinkling stimulating potus

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: mischievous school 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: dashing metal giraffe

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: twinkling stimulating potus

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: dashing metal giraffe

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: razzmatazz garrison boltzmann

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: thriller useless brakes

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: heady elastic band hospital

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: twinkling stimulating potus

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: Bronze den

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: Wild Stage

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: Frisky whorehouse

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: 180 state

Wow so they would’ve been better off renting?

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