\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
flesh kitchen tattoo
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
sexy property knife
  06/01/25
No sympathy on my end
flesh kitchen tattoo
  06/01/25
I have a mil at least in equity. Not that I care because it...
sexy property knife
  06/01/25
I have like $20k in equity because I bought my house and it ...
rose cruise ship blood rage
  06/01/25
Lmfao
glittery theater milk
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
flesh kitchen tattoo
  06/01/25
are you divorced with kids? i always thought you were single...
Insane Locale Idea He Suggested
  06/02/25
good goy
Walnut costumed nowag candlestick maker
  06/01/25
Same thing has happened to me but I haven’t moved and ...
rose cruise ship blood rage
  06/01/25
sometimes i pretend u r real
Walnut costumed nowag candlestick maker
  06/01/25
...
jet-lagged bateful stain roommate
  06/01/25
we have seen photos, so he is indeed very real
Thirsty Roast Beef Associate
  06/01/25
I'm afraid he's very real.
Vibrant pale ratface church
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
fiercely-loyal generalized bond ticket booth
  06/01/25
There aren’t really any “booms” except in ...
hairraiser national security agency voyeur
  06/01/25
He constantly does this. I recommend that others think hard ...
hyperactive dysfunction
  06/01/25
uh Florida? what's with the intellectual dishonesty?
fiercely-loyal generalized bond ticket booth
  06/02/25
Florida seems cheap except like where the millionaire spic c...
hairraiser national security agency voyeur
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
Big Tanning Salon Therapy
  06/02/25
take a look at Toronto if you want a real laugh
marvelous coiffed gas station personal credit line
  06/01/25
explain. with some links, if possible.
Thirsty Roast Beef Associate
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
marvelous coiffed gas station personal credit line
  06/01/25
180 what about Vancouver
unhinged apoplectic jewess
  06/01/25
may have a bit more resilience than Toronto which is just en...
marvelous coiffed gas station personal credit line
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
unhinged apoplectic jewess
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Thirsty Roast Beef Associate
  06/01/25
mortgages there aren't securitized and banks hold them on th...
marvelous coiffed gas station personal credit line
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Thirsty Roast Beef Associate
  06/01/25
Depends which way rates move I suppose
milky sickened orchestra pit french chef
  06/02/25
This is most American cities too now
Wonderful nudist elastic band shrine
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
sooty geriatric stage
  06/02/25
generally, people who thought line goes up and it would be a...
marvelous coiffed gas station personal credit line
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
puce round eye
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Irradiated Soggy Rigor Stead
  06/02/25
lol just checked zillow and my house is up 300k these num...
Walnut costumed nowag candlestick maker
  06/02/25
Wow so they would’ve been better off renting?
Razzle chrome bawdyhouse
  06/02/25


Poast new message in this thread



Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: flesh kitchen tattoo

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: sexy property knife

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: flesh kitchen tattoo

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: sexy property knife

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: rose cruise ship blood rage

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: glittery theater milk

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: flesh kitchen tattoo

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: Insane Locale Idea He Suggested

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: Walnut costumed nowag candlestick maker

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: rose cruise ship blood rage

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: Walnut costumed nowag candlestick maker

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: jet-lagged bateful stain roommate



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Thirsty Roast Beef Associate

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: Vibrant pale ratface church

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: fiercely-loyal generalized bond ticket booth

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: hairraiser national security agency voyeur

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: hyperactive dysfunction

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: fiercely-loyal generalized bond ticket booth

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: hairraiser national security agency voyeur

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: Big Tanning Salon Therapy

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: marvelous coiffed gas station personal credit line

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: Thirsty Roast Beef Associate

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: marvelous coiffed gas station personal credit line

- 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: unhinged apoplectic jewess

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: marvelous coiffed gas station personal credit line

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: unhinged apoplectic jewess

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: Thirsty Roast Beef Associate

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: marvelous coiffed gas station personal credit line

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: Thirsty Roast Beef Associate

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: milky sickened orchestra pit french chef

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: Wonderful nudist elastic band shrine

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: sooty geriatric stage

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: marvelous coiffed gas station personal credit line

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: puce round eye

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: Irradiated Soggy Rigor Stead

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: Walnut costumed nowag candlestick maker

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: Razzle chrome bawdyhouse

Wow so they would’ve been better off renting?

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