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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
diverse overrated puppy shrine
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
Bossy mind-boggling chapel
  06/01/25
No sympathy on my end
diverse overrated puppy shrine
  06/01/25
I have a mil at least in equity. Not that I care because it...
Bossy mind-boggling chapel
  06/01/25
I have like $20k in equity because I bought my house and it ...
Excitant parlour
  06/01/25
Lmfao
Bearded mad cow disease point
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
diverse overrated puppy shrine
  06/01/25
are you divorced with kids? i always thought you were single...
floppy translucent range national security agency
  06/02/25
good goy
garnet generalized bond corner
  06/01/25
Same thing has happened to me but I haven’t moved and ...
Excitant parlour
  06/01/25
sometimes i pretend u r real
garnet generalized bond corner
  06/01/25
...
Maniacal chocolate cruise ship
  06/01/25
we have seen photos, so he is indeed very real
lime indirect expression
  06/01/25
I'm afraid he's very real.
rebellious address
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Blue aromatic forum
  06/01/25
There aren’t really any “booms” except in ...
Zippy Stead Gaming Laptop
  06/01/25
He constantly does this. I recommend that others think hard ...
Fragrant Wild State
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Blue aromatic forum
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Zippy Stead Gaming Laptop
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
bisexual library famous landscape painting
  06/02/25
take a look at Toronto if you want a real laugh
Provocative hateful base
  06/01/25
explain. with some links, if possible.
lime indirect expression
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Provocative hateful base
  06/01/25
180 what about Vancouver
Indigo Massive Love Of Her Life Legend
  06/01/25
may have a bit more resilience than Toronto which is just en...
Provocative hateful base
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Indigo Massive Love Of Her Life Legend
  06/01/25
oh wow! 5 year mortgages? that's nuts!
lime indirect expression
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Provocative hateful base
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
lime indirect expression
  06/01/25
Depends which way rates move I suppose
Concupiscible Aqua Goyim Shitlib
  06/02/25
This is most American cities too now
mahogany adventurous business firm genital piercing
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
geriatric impertinent patrolman
  06/02/25
generally, people who thought line goes up and it would be a...
Provocative hateful base
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Self-centered Selfie House
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
laughsome pink property main people
  06/02/25
lol just checked zillow and my house is up 300k these num...
garnet generalized bond corner
  06/02/25
Wow so they would’ve been better off renting?
deranged stag film
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: diverse overrated puppy shrine

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: Bossy mind-boggling chapel

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: diverse overrated puppy shrine

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: Bossy mind-boggling chapel

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: Excitant parlour

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: Bearded mad cow disease point

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: diverse overrated puppy shrine

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: floppy translucent range national security agency

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: garnet generalized bond 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: Excitant parlour

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: garnet generalized bond 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: Maniacal chocolate cruise ship



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: lime indirect expression

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: rebellious address

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: Blue aromatic forum

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: Zippy Stead Gaming Laptop

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 Wild State

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: Blue aromatic forum

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: Zippy Stead Gaming Laptop

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: bisexual library famous landscape painting

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: Provocative hateful base

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: lime indirect expression

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: Provocative hateful base

- 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: Indigo Massive Love Of Her Life Legend

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: Provocative hateful base

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: Indigo Massive Love Of Her Life Legend

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: lime indirect expression

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: Provocative hateful base

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: lime indirect expression

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: Concupiscible Aqua Goyim Shitlib

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: mahogany adventurous business firm genital piercing

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: geriatric impertinent patrolman

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: Provocative hateful base

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: Self-centered Selfie House

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: laughsome pink property main people

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: garnet generalized bond 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: deranged stag film

Wow so they would’ve been better off renting?

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