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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
Pea-brained big crotch
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
frozen cowardly black woman den
  06/01/25
No sympathy on my end
Pea-brained big crotch
  06/01/25
I have a mil at least in equity. Not that I care because it...
frozen cowardly black woman den
  06/01/25
I have like $20k in equity because I bought my house and it ...
gold french casino
  06/01/25
Lmfao
dull useless liquid oxygen address
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
Pea-brained big crotch
  06/01/25
are you divorced with kids? i always thought you were single...
maniacal fluffy stock car
  06/02/25
good goy
Coiffed Clear Depressive Senate
  06/01/25
Same thing has happened to me but I haven’t moved and ...
gold french casino
  06/01/25
sometimes i pretend u r real
Coiffed Clear Depressive Senate
  06/01/25
...
Cerise at-the-ready parlor codepig
  06/01/25
we have seen photos, so he is indeed very real
Electric nursing home
  06/01/25
I'm afraid he's very real.
Misanthropic lettuce school cafeteria
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
ungodly pervert
  06/01/25
There aren’t really any “booms” except in ...
Internet-worthy location
  06/01/25
He constantly does this. I recommend that others think hard ...
slate mind-boggling foreskin
  06/01/25
uh Florida? what's with the intellectual dishonesty?
ungodly pervert
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Internet-worthy location
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
Charismatic coral whorehouse
  06/02/25
take a look at Toronto if you want a real laugh
Wine excitant area
  06/01/25
explain. with some links, if possible.
Electric nursing home
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
Wine excitant area
  06/01/25
180 what about Vancouver
appetizing big-titted national hissy fit
  06/01/25
may have a bit more resilience than Toronto which is just en...
Wine excitant area
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
appetizing big-titted national hissy fit
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Electric nursing home
  06/01/25
mortgages there aren't securitized and banks hold them on th...
Wine excitant area
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Electric nursing home
  06/01/25
Depends which way rates move I suppose
supple embarrassed to the bone newt
  06/02/25
This is most American cities too now
Fragrant Copper Reading Party
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Sepia Cerebral Center
  06/02/25
generally, people who thought line goes up and it would be a...
Wine excitant area
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
Spectacular fear-inspiring pisswyrm trailer park
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Passionate gay state
  06/02/25
lol just checked zillow and my house is up 300k these num...
Coiffed Clear Depressive Senate
  06/02/25
Wow so they would’ve been better off renting?
Arrogant Motley Sex Offender Sneaky Criminal
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: Pea-brained big crotch

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: frozen cowardly black woman den

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: Pea-brained big crotch

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: frozen cowardly black woman den

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: gold french casino

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: dull useless liquid oxygen address

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: Pea-brained big crotch

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: maniacal fluffy stock car

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: Coiffed Clear Depressive Senate

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: gold french casino

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: Coiffed Clear Depressive Senate

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: Cerise at-the-ready parlor codepig



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Electric nursing home

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: Misanthropic lettuce school cafeteria

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: ungodly pervert

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: Internet-worthy location

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: slate mind-boggling foreskin

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: ungodly pervert

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: Internet-worthy location

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: Charismatic coral whorehouse

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: Wine excitant area

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: Electric nursing home

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: Wine excitant area

- 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: appetizing big-titted national hissy fit

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: Wine excitant area

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: appetizing big-titted national hissy fit

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: Electric nursing home

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: Wine excitant area

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: Electric nursing home

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 embarrassed to the bone newt

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: Fragrant Copper Reading Party

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: Sepia Cerebral Center

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: Wine excitant area

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: Spectacular fear-inspiring pisswyrm 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: Passionate gay state

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: Coiffed Clear Depressive Senate

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: Arrogant Motley Sex Offender Sneaky Criminal

Wow so they would’ve been better off renting?

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