\
  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&...
racy chestnut antidepressant drug national
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
Ivory stock car striped hyena
  06/01/25
No sympathy on my end
racy chestnut antidepressant drug national
  06/01/25
I have a mil at least in equity. Not that I care because it...
Ivory stock car striped hyena
  06/01/25
I have like $20k in equity because I bought my house and it ...
Thirsty place of business
  06/01/25
Lmfao
orange zippy mad cow disease milk
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
racy chestnut antidepressant drug national
  06/01/25
are you divorced with kids? i always thought you were single...
Rusted headpube
  06/02/25
good goy
Shaky sooty reading party
  06/01/25
Same thing has happened to me but I haven’t moved and ...
Thirsty place of business
  06/01/25
sometimes i pretend u r real
Shaky sooty reading party
  06/01/25
...
floppy mischievous spot background story
  06/01/25
we have seen photos, so he is indeed very real
at-the-ready vivacious gay wizard
  06/01/25
I'm afraid he's very real.
concupiscible pervert
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Sable Marvelous Gunner
  06/01/25
There aren’t really any “booms” except in ...
razzle-dazzle cordovan psychic
  06/01/25
He constantly does this. I recommend that others think hard ...
beady-eyed temple
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Sable Marvelous Gunner
  06/02/25
Florida seems cheap except like where the millionaire spic c...
razzle-dazzle cordovan psychic
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
passionate ultramarine scourge upon the earth clown
  06/02/25
take a look at Toronto if you want a real laugh
Sexy lake parlour jew
  06/01/25
explain. with some links, if possible.
at-the-ready vivacious gay wizard
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Sexy lake parlour jew
  06/01/25
180 what about Vancouver
Pink Vigorous State Community Account
  06/01/25
may have a bit more resilience than Toronto which is just en...
Sexy lake parlour jew
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
Pink Vigorous State Community Account
  06/01/25
oh wow! 5 year mortgages? that's nuts!
at-the-ready vivacious gay wizard
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Sexy lake parlour jew
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
at-the-ready vivacious gay wizard
  06/01/25
Depends which way rates move I suppose
Supple slap-happy set
  06/02/25
This is most American cities too now
shimmering adventurous legal warrant
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Cracking tank pocket flask
  06/02/25
generally, people who thought line goes up and it would be a...
Sexy lake parlour jew
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
startling keepsake machete
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Lime Duck-like Masturbator
  06/02/25
lol just checked zillow and my house is up 300k these num...
Shaky sooty reading party
  06/02/25
Wow so they would’ve been better off renting?
Sticky Range Karate
  06/02/25


Poast new message in this thread



Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: racy chestnut antidepressant drug national

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: Ivory stock car striped hyena

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: racy chestnut antidepressant drug national

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: Ivory stock car striped hyena

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: Thirsty place of business

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: orange zippy mad cow disease 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: racy chestnut antidepressant drug national

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: Rusted headpube

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: Shaky sooty reading party

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: Thirsty place of business

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: Shaky sooty reading party

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: floppy mischievous spot background story



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: at-the-ready vivacious gay wizard

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: concupiscible pervert

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: Sable Marvelous Gunner

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: razzle-dazzle cordovan psychic

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: beady-eyed temple

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: Sable Marvelous Gunner

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: razzle-dazzle cordovan psychic

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: passionate ultramarine scourge upon the earth clown

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: Sexy lake parlour jew

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: at-the-ready vivacious gay wizard

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: Sexy lake parlour jew

- 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: Pink Vigorous State Community Account

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: Sexy lake parlour jew

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: Pink Vigorous State Community Account

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: at-the-ready vivacious gay wizard

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: Sexy lake parlour jew

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: at-the-ready vivacious gay wizard

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: Supple slap-happy set

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: shimmering adventurous legal warrant

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: Cracking tank pocket flask

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: Sexy lake parlour jew

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: startling keepsake machete

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: Lime Duck-like Masturbator

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: Shaky sooty reading party

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: Sticky Range Karate

Wow so they would’ve been better off renting?

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