/biz/ - Business & Finance

>>54899577
NO RETURNS

Kino house/view, too bad California is a shithole.

>>54899577
>>54899588
Same price as a percentage of asset value. Beautiful property, by the way.

>>54899577
>hobos smoking pot, naked from the waste down, right outside your front door
>can't own guns
>65% tax burden
>nepotistic Indian software elite controls every aspect of your life

If I buy a mansion, it's going to be in Montana.

>>54899577
The $/sq.ft is higher than my rent

>>54899639
>waste down
You're not welcome in Montana, ESL.

>>54899639
this bro has obviously never been here. Yes, please stay in Montana

I CAN'T SELL!!!!!!!

>>54899577

Housing market will never crash.. thats just a minor correction.

>>54899651
Their bodies have turned to shit so they're not wrong

foreclosure with less than one year ownership?

>California

Everyone is moving to the South. Markets like SF, LA and NYC are collapsing but Nashville, Atlanta, Austin etc are exploding.

I live in ATL and my house that I bought just over 2 years ago for 390K is now 616K

>>54899786
people can go from rich to broke here pretty easily. A lot of wealth is tied to things like stock or crypto.

>>54899805
>ATL
fucking RIP bro. city is an absolute nightmare and will continue to go to hell due to the utter lack of adequate transportation infrastructure not to mention its literally crawling with nigs who will destroy anything the few remaining whites build
Sell your pad and move to Alpharetta or Roswell with the rest of the sane folks

>>54899872
When I say atl I mean the burbs. I live 5 minutes away from the battery.

>>54899588
Flipper got wrecked. Love to see it.

>mfw the chart is just the link chart

>>54899884
There ya go. That area is gonna continue to explode while the actual city goes to hell. Sad part is nigs will eventually migrate north but I’d say you have a solid 20 years before it gets bad

>>54899805
Austin is starting to collapse as well. It's down 20% year over year.

>>54899577
San Francisco housing prices are fueled by anal sex addicted men. The reason they pay exorbitant prices to live in that degenerate, literal shithole, is to have greater access to more ass fucking. I'm 100% serious. Fags will pay whatever it takes to have access to the greatest number of dicks to shove up their asses. This pushes the prices of SF housing sky high.

>>54900069
sounds like a good time to buy then

>>54899577
Imagine being able to afford a house like this and deciding to live in a shithole like that city.

>>54900135
>being able to afford a house like this

>>54899805
those were one time movements though, benefits from the exodus once people get sick of the heat they will be moving to more pleasant environments

>>54899616
I saw that house in person a few months ago while showing my parents the city.

Wondered who lives in it.

>>54900396
>lives
Lived

>>54899786
>>54899870
Tech faggot lost their FAGMAN job.

>>54899786
thy paid $11m for a $6m home - its not really a surprize

>>54900519
>exist within capitalism without buying, eating or wearing cloths.
faggots think pointing to an iPhone and calling it ironic is an argument

>>54900609
If western commies weren't such spoiled pussies they'd reject consumerism and premium goods. A Dell is half the price of an Apple.

>>54900618
and half the quality
spending money doesn't equal hypocrisy, your just bitter

>>54900633
>half the quality
Literally doesn't matter when all you're doing is using it to post on the internet. Spending money you have is a feature of capitalism, if these faggots that propose communism lived like eastern commies they'd BEG for capitalism.

>>54900633

>>54900576
they didn't really overpay. They just bought at the top. And yea its isn't worth 11 mil anymore.

I would give my left nut to live in Russian Hill
https://www.youtube.com/watch?v=ZGfw5WzmY8w
>UNTIL WE SPIIIIIL

>>54899884
>I mean the burbs
sounds boring.

>>54899786
On an 11 million dollar mortgage it'd be pretty quick to get to extreme levels of arrears quickly.

>>54899805
>I live in ATL and my house that I bought just over 2 years ago for 390K is now 616K
atlanta market is weird. people will buy absolute garbage for high prices a lot more there than other cities.
endless FOMO, even though all the good stuff is long snapped up. only choices are overpriced trap house or a newly constructed shitbox apartment for over $2500 rent and people still sign up for it.

>>54900069
So what. One of my places is up 3x from when I bought it in the last downturn and a piece of property is up around 6x in Austin. If they go down some they will still recover higher. Buy property during downturns. You can flip real estate but if you are patient it is good for the long term.

>>54899577
>est payment $51,211/mo
It's genuinely unfathomable to me that some people can afford this, and that the ones who are able to, actively choose to live somewhere like this.
Granted, the house is beautiful, but the location is awful.