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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
gold zippy stain lodge
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
Territorial Resort
  06/01/25
No sympathy on my end
gold zippy stain lodge
  06/01/25
I have a mil at least in equity. Not that I care because it...
Territorial Resort
  06/01/25
I have like $20k in equity because I bought my house and it ...
Comical disturbing sneaky criminal
  06/01/25
Lmfao
mahogany personal credit line cruise ship
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
gold zippy stain lodge
  06/01/25
are you divorced with kids? i always thought you were single...
Curious halford
  06/02/25
good goy
Twinkling Dead Partner Location
  06/01/25
Same thing has happened to me but I haven’t moved and ...
Comical disturbing sneaky criminal
  06/01/25
sometimes i pretend u r real
Twinkling Dead Partner Location
  06/01/25
...
Demanding corner
  06/01/25
we have seen photos, so he is indeed very real
histrionic love of her life
  06/01/25
I'm afraid he's very real.
soul-stirring brethren stead
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
coiffed windowlicker theater stage
  06/01/25
There aren’t really any “booms” except in ...
flesh wagecucks really tough guy
  06/01/25
He constantly does this. I recommend that others think hard ...
Big-titted aquamarine whorehouse
  06/01/25
uh Florida? what's with the intellectual dishonesty?
coiffed windowlicker theater stage
  06/02/25
Florida seems cheap except like where the millionaire spic c...
flesh wagecucks really tough guy
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
milky chad laser beams
  06/02/25
take a look at Toronto if you want a real laugh
Dashing fuchsia theatre pozpig
  06/01/25
explain. with some links, if possible.
histrionic love of her life
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Dashing fuchsia theatre pozpig
  06/01/25
180 what about Vancouver
ungodly masturbator
  06/01/25
may have a bit more resilience than Toronto which is just en...
Dashing fuchsia theatre pozpig
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
ungodly masturbator
  06/01/25
oh wow! 5 year mortgages? that's nuts!
histrionic love of her life
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Dashing fuchsia theatre pozpig
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
histrionic love of her life
  06/01/25
Depends which way rates move I suppose
autistic sanctuary goal in life
  06/02/25
This is most American cities too now
Bearded cerebral cuckoldry
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
greedy stag film boiling water
  06/02/25
generally, people who thought line goes up and it would be a...
Dashing fuchsia theatre pozpig
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Mildly autistic cocky trailer park
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
ruby exhilarant pit useless brakes
  06/02/25
lol just checked zillow and my house is up 300k these num...
Twinkling Dead Partner Location
  06/02/25
Wow so they would’ve been better off renting?
laughsome rehab
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: gold zippy stain lodge

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: Territorial Resort

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: gold zippy stain lodge

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: Territorial Resort

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: Comical disturbing sneaky criminal

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: mahogany personal credit line cruise ship

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: gold zippy stain lodge

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: Curious halford

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: Twinkling Dead Partner 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: Comical disturbing sneaky criminal

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: Twinkling Dead Partner 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: Demanding corner



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: histrionic love of her life

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: soul-stirring brethren 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: coiffed windowlicker theater stage

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: flesh wagecucks really tough guy

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: Big-titted aquamarine whorehouse

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: coiffed windowlicker theater stage

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: flesh wagecucks really tough guy

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: milky chad laser beams

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: Dashing fuchsia theatre pozpig

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: histrionic love of her life

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: Dashing fuchsia theatre pozpig

- 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: ungodly masturbator

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: Dashing fuchsia theatre pozpig

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: ungodly masturbator

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: histrionic love of her life

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: Dashing fuchsia theatre pozpig

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: histrionic love of her life

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: autistic sanctuary goal in life

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: Bearded cerebral cuckoldry

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: greedy stag film boiling water

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: Dashing fuchsia theatre pozpig

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: Mildly autistic cocky trailer park

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: ruby exhilarant pit useless brakes

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: Twinkling Dead Partner 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: laughsome rehab

Wow so they would’ve been better off renting?

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