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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Excitant fortuitous meteor public bath
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
sepia boiling water hospital
  06/01/25
No sympathy on my end
Excitant fortuitous meteor public bath
  06/01/25
I have a mil at least in equity. Not that I care because it...
sepia boiling water hospital
  06/01/25
I have like $20k in equity because I bought my house and it ...
indigo pungent university
  06/01/25
Lmfao
vivacious swollen spot
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Excitant fortuitous meteor public bath
  06/01/25
are you divorced with kids? i always thought you were single...
Nofapping crackhouse toaster
  06/02/25
good goy
amber fantasy-prone ticket booth cuck
  06/01/25
Same thing has happened to me but I haven’t moved and ...
indigo pungent university
  06/01/25
sometimes i pretend u r real
amber fantasy-prone ticket booth cuck
  06/01/25
...
violet giraffe
  06/01/25
we have seen photos, so he is indeed very real
Submissive rough-skinned doctorate puppy
  06/01/25
I'm afraid he's very real.
buff senate
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
self-centered parlor
  06/01/25
There aren’t really any “booms” except in ...
lime curious chapel blood rage
  06/01/25
He constantly does this. I recommend that others think hard ...
Citrine Big National Toilet Seat
  06/01/25
uh Florida? what's with the intellectual dishonesty?
self-centered parlor
  06/02/25
Florida seems cheap except like where the millionaire spic c...
lime curious chapel blood rage
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
Swashbuckling mauve partner
  06/02/25
take a look at Toronto if you want a real laugh
Soggy wrinkle psychic
  06/01/25
explain. with some links, if possible.
Submissive rough-skinned doctorate puppy
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Soggy wrinkle psychic
  06/01/25
180 what about Vancouver
bright lascivious pozpig box office
  06/01/25
may have a bit more resilience than Toronto which is just en...
Soggy wrinkle psychic
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
bright lascivious pozpig box office
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Submissive rough-skinned doctorate puppy
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Soggy wrinkle psychic
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Submissive rough-skinned doctorate puppy
  06/01/25
Depends which way rates move I suppose
Doobsian razzmatazz community account
  06/02/25
This is most American cities too now
chrome pea-brained cruise ship quadroon
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Sticky Hairraiser Indirect Expression Internal Respiration
  06/02/25
generally, people who thought line goes up and it would be a...
Soggy wrinkle psychic
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
thirsty cerebral cuckoldry kitty cat
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
vigorous tripping tattoo home
  06/02/25
lol just checked zillow and my house is up 300k these num...
amber fantasy-prone ticket booth cuck
  06/02/25
Wow so they would’ve been better off renting?
lilac hall
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Excitant fortuitous meteor public bath

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: sepia boiling water hospital

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 fortuitous meteor public bath

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: sepia boiling water hospital

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: indigo pungent university

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: vivacious swollen spot

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 fortuitous meteor public bath

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: Nofapping crackhouse toaster

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: amber fantasy-prone ticket booth cuck

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: indigo pungent university

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: amber fantasy-prone ticket booth cuck

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: violet giraffe



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Submissive rough-skinned doctorate 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: buff senate

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: self-centered parlor

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: lime curious chapel blood rage

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: Citrine Big National Toilet Seat

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: self-centered parlor

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: lime curious chapel blood rage

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: Swashbuckling mauve partner

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: Soggy wrinkle psychic

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: Submissive rough-skinned doctorate 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: Soggy wrinkle psychic

- 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: bright lascivious pozpig box office

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: Soggy wrinkle psychic

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: bright lascivious pozpig box office

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: Submissive rough-skinned doctorate 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: Soggy wrinkle psychic

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: Submissive rough-skinned doctorate 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: Doobsian razzmatazz community account

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: chrome pea-brained cruise ship quadroon

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: Sticky Hairraiser Indirect Expression Internal Respiration

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: Soggy wrinkle psychic

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: thirsty cerebral cuckoldry kitty cat

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: vigorous tripping tattoo home

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: amber fantasy-prone ticket booth cuck

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: lilac hall

Wow so they would’ve been better off renting?

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