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Austin homeowners already underwater 100K on hom since Covid purchase

https://x.com/financeguypup/status/1928989799223890015?s=61&...
carmine lodge
  06/01/25
100% finance is crazy otherwise they would have a 3% 30 year...
cerebral filthpig cuck
  06/01/25
No sympathy on my end
carmine lodge
  06/01/25
I have a mil at least in equity. Not that I care because it...
cerebral filthpig cuck
  06/01/25
I have like $20k in equity because I bought my house and it ...
Magical bateful station
  06/01/25
Lmfao
Internet-worthy property
  06/01/25
Same. I don’t even factor it into my NW. I paid it...
carmine lodge
  06/01/25
are you divorced with kids? i always thought you were single...
Pungent concupiscible hall
  06/02/25
good goy
swashbuckling stag film candlestick maker
  06/01/25
Same thing has happened to me but I haven’t moved and ...
Magical bateful station
  06/01/25
sometimes i pretend u r real
swashbuckling stag film candlestick maker
  06/01/25
...
obsidian cracking den
  06/01/25
we have seen photos, so he is indeed very real
Violet electric menage toaster
  06/01/25
I'm afraid he's very real.
Topaz theatre
  06/01/25
this is the fatal flaw with sunbelt real estate. if you're g...
Vermilion rehab halford
  06/01/25
There aren’t really any “booms” except in ...
Hyperactive faggotry deer antler
  06/01/25
He constantly does this. I recommend that others think hard ...
Rough-skinned Walnut Telephone Nibblets
  06/01/25
uh Florida? what's with the intellectual dishonesty?
Vermilion rehab halford
  06/02/25
Florida seems cheap except like where the millionaire spic c...
Hyperactive faggotry deer antler
  06/02/25
the austin boom lasted around 12 years. pretty hard to wait ...
dark mind-boggling striped hyena
  06/02/25
take a look at Toronto if you want a real laugh
ultramarine sick senate foreskin
  06/01/25
explain. with some links, if possible.
Violet electric menage toaster
  06/01/25
- Canada has an insane real estate bubble that appeared duri...
ultramarine sick senate foreskin
  06/01/25
180 what about Vancouver
lascivious institution hissy fit
  06/01/25
may have a bit more resilience than Toronto which is just en...
ultramarine sick senate foreskin
  06/01/25
Are ACCBs still allowed in Vancouver? The number of normal S...
lascivious institution hissy fit
  06/01/25
oh wow! 5 year mortgages? that's nuts!
Violet electric menage toaster
  06/01/25
mortgages there aren't securitized and banks hold them on th...
ultramarine sick senate foreskin
  06/01/25
ah ok. > mortgages there aren't securitized isn't ...
Violet electric menage toaster
  06/01/25
Depends which way rates move I suppose
misanthropic stage macaca
  06/02/25
This is most American cities too now
Honey-headed national security agency lay
  06/02/25
Who buys a 1.48 million house and then rents it out for 2700...
Disrespectful National
  06/02/25
generally, people who thought line goes up and it would be a...
ultramarine sick senate foreskin
  06/02/25
Didn’t they ban foreign buying in Canada a while back?
shaky motley house
  06/01/25
JFC, my house is supposedly worth almost twice what I bought...
Brilliant Quadroon Church Building
  06/02/25
lol just checked zillow and my house is up 300k these num...
swashbuckling stag film candlestick maker
  06/02/25
Wow so they would’ve been better off renting?
autistic whorehouse
  06/02/25


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Reply Favorite

Date: June 1st, 2025 6:13 PM
Author: carmine lodge

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: cerebral filthpig cuck

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: carmine lodge

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: cerebral filthpig cuck

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: Magical bateful station

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: Internet-worthy property

Lmfao

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



Reply Favorite

Date: June 1st, 2025 6:30 PM
Author: carmine lodge

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: Pungent concupiscible hall

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: swashbuckling stag film 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: Magical bateful station

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: swashbuckling stag film 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: obsidian cracking den



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



Reply Favorite

Date: June 1st, 2025 6:32 PM
Author: Violet electric menage toaster

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: Topaz theatre

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: Vermilion rehab halford

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: Hyperactive faggotry deer antler

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: Rough-skinned Walnut Telephone Nibblets

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: Vermilion rehab halford

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: Hyperactive faggotry deer antler

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: dark mind-boggling striped hyena

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: ultramarine sick senate foreskin

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: Violet electric menage toaster

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: ultramarine sick senate foreskin

- 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: lascivious institution 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: ultramarine sick senate foreskin

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: lascivious institution 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: Violet electric menage toaster

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: ultramarine sick senate foreskin

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: Violet electric menage toaster

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: misanthropic stage macaca

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: Honey-headed national security agency lay

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: Disrespectful National

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: ultramarine sick senate foreskin

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: shaky motley 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: Brilliant Quadroon Church Building

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: swashbuckling stag film 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: autistic whorehouse

Wow so they would’ve been better off renting?

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