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/biz/ - Business & Finance


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55518899 No.55518899 [Reply] [Original]

2020-2021 was your LAST chance to buy a house at a reasonable price

>> No.55518987

>>55518899

Housing prices are dropping in the US and Europe because of this.

Better pay 7% interest on a 300k home than 3.5% on the same home for 600k

>> No.55518994

>>55518987
You are going to pay 7% interest on a 600k home

>> No.55519011

>>55518987
This you fool >>55518994

>> No.55519015
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55519015

>>55518994
What kind of retard would do that? Normgroids only look at the monthly payment.

>> No.55519022

>>55518994

As an homeowner that already paid in full is a pain in the ass now selling for a good price. In 2021 I could have sold at 30% more...

>> No.55519067

>>55518899
I'll buy your house for cash when it's 75% off, top buyer

>> No.55519110
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55519110

SIX HUNDRED THOUSAND US DOLLARS FOR A FOUR HUNDRED THOUSAND DOLLAR HOUSE WHAT A STEAL. I FEEL SO LUCKY TO BE ALIVE RIGHT NOW

>> No.55519139

>>55518987
Based and truth pilled. 2020-2021 buyers are absolutely fucked for buying the top. Meanwhile I will buy my 2nd house at the bottom and will pay it off in less than 15 years. Others are retards that only pay minimum payment on everything as they perish from crippling debt.

>> No.55519166

Houses are not supposed to be investments, they are supposed to be places where you live and raise a family. If you care about how much you pay for your house or how much it is worth, you are a kike, simple as.

>> No.55519217
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55519217

>>55518899

i bought a condo in 2021 at slightly below market value. even though homes in the area were going crazy, you could still get reasonable deals on condos. i asked my agent about this, he said the coronavirus was scaring people off shared living spaces

in any case the mortgage was was 3% for a 30yr and i got a perfectly sized space with a great view, balcony, fireplace, all modern amenities etc. value has gone up 20% since then and im just enjoying living in a really cool spot for less than i would have to pay to rent

not concerned about the market since i dont plan on moving for a while. pretty sure most homeowners are sitting tight

>> No.55519368

>>55519139

I am going to pay my future properties in full it's good to have cash.
Now I am holding bonds paying 8% of what I paid for them from banks that are very stable and they were sold cheap during the recent bank debacle so I am not in a rush.

However I really would have liked to sell another property and add that to the 8% yield so I could stop working and be a rich guy in south east Asia.

There are a few countries that don't really care about taxes on foreign sourced income and have low cost of living and plenty of pussy.
With 40k/year in passive income there I could buy an house with pool play the stock market with the rest of the money and never really worry since the cost of living is around 12k an year for a good lifestyle.