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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Excitant shivering gaming laptop hairy legs
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
rambunctious lodge police squad
  06/01/25
No sympathy on my end
Excitant shivering gaming laptop hairy legs
  06/01/25
I have a mil at least in equity. Not that I care because it...
rambunctious lodge police squad
  06/01/25
I have like $20k in equity because I bought my house and it ...
talented bat-shit-crazy address ratface
  06/01/25
Lmfao
stirring outnumbered old irish cottage foreskin
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Excitant shivering gaming laptop hairy legs
  06/01/25
are you divorced with kids? i always thought you were single...
contagious talking gunner skinny woman
  06/02/25
good goy
Floppy Dull Location
  06/01/25
Same thing has happened to me but I haven’t moved and ...
talented bat-shit-crazy address ratface
  06/01/25
sometimes i pretend u r real
Floppy Dull Location
  06/01/25
...
primrose rehab
  06/01/25
we have seen photos, so he is indeed very real
Gaped puppy
  06/01/25
I'm afraid he's very real.
Judgmental whorehouse elastic band
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
disgusting chapel french chef
  06/01/25
There aren’t really any “booms” except in ...
Misanthropic Curious Field Associate
  06/01/25
He constantly does this. I recommend that others think hard ...
fragrant self-centered gay wizard
  06/01/25
uh Florida? what's with the intellectual dishonesty?
disgusting chapel french chef
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Misanthropic Curious Field Associate
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
Alcoholic travel guidebook
  06/02/25
take a look at Toronto if you want a real laugh
underhanded racy toilet seat cruise ship
  06/01/25
explain. with some links, if possible.
Gaped puppy
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
underhanded racy toilet seat cruise ship
  06/01/25
180 what about Vancouver
high-end reading party
  06/01/25
may have a bit more resilience than Toronto which is just en...
underhanded racy toilet seat cruise ship
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
high-end reading party
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Gaped puppy
  06/01/25
mortgages there aren't securitized and banks hold them on th...
underhanded racy toilet seat cruise ship
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Gaped puppy
  06/01/25
Depends which way rates move I suppose
Dashing site
  06/02/25
This is most American cities too now
Domesticated university milk
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Glittery dead death wish
  06/02/25
generally, people who thought line goes up and it would be a...
underhanded racy toilet seat cruise ship
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
scarlet exciting codepig
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Cocky mentally impaired wagecucks orchestra pit
  06/02/25
lol just checked zillow and my house is up 300k these num...
Floppy Dull Location
  06/02/25
Wow so they would’ve been better off renting?
Provocative drunken background story tanning salon
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Excitant shivering gaming laptop hairy legs

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: rambunctious lodge police squad

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: Excitant shivering gaming laptop hairy legs

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: rambunctious lodge police squad

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: talented bat-shit-crazy address ratface

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: stirring outnumbered old irish cottage foreskin

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: Excitant shivering gaming laptop hairy legs

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: contagious talking gunner skinny woman

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: Floppy Dull Location

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: talented bat-shit-crazy address ratface

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: Floppy Dull Location

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: primrose rehab



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Gaped puppy

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: Judgmental whorehouse elastic band

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: disgusting chapel french chef

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: Misanthropic Curious Field Associate

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: fragrant self-centered 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=2#48979739)



Reply Favorite

Date: June 2nd, 2025 10:22 AM
Author: disgusting chapel french chef

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: Misanthropic Curious Field Associate

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: Alcoholic travel guidebook

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: underhanded racy toilet seat cruise ship

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: Gaped puppy

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: underhanded racy toilet seat cruise ship

- 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: high-end reading party

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: underhanded racy toilet seat cruise ship

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: high-end reading party

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: Gaped puppy

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: underhanded racy toilet seat cruise ship

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: Gaped puppy

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: Dashing site

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: Domesticated university milk

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: Glittery dead death wish

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: underhanded racy toilet seat cruise ship

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: scarlet exciting codepig

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: Cocky mentally impaired wagecucks orchestra pit

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: Floppy Dull Location

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: Provocative drunken background story tanning salon

Wow so they would’ve been better off renting?

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