Real estate market starting to

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YR, YK.
Also, TWO $20M properties went under contract in West Bellevue in the last 24 hours.
So who fucking knows? 🤷♂️
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Cratering
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#3 in 36 hours.pawz said:YR, YK.
Also, TWO $20M properties went under contract in West Bellevue in the last 24 hours.
So who fucking knows? 🤷♂️
WTF
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Are multi-millionaires or billionaires suffering in this economy? Unless of course, your money is in crypto?
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A civil war is brewing, and when it comes, it will be over class, not race, because 60% of Hispanics will be Republicans by then, as will 40% of Blacks, because the Dems are alienating large swaths of each community with their casual condescending daily racism.jecornel said:Are multi-millionaires or billionaires suffering in this economy? Unless of course, your money is in crypto?
Who wants @HHusky's house when the Libs fall? -
The crypto bros are like shroedingers millionaires. Dope af and rich af to the girls and everyone in hearing distance then on the side they ask you quietly for a job loljecornel said:Are multi-millionaires or billionaires suffering in this economy? Unless of course, your money is in crypto?
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Truthfully, I'm doing fine.jecornel said:Are multi-millionaires or billionaires suffering in this economy? Unless of course, your money is in crypto?
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at least 50% of the country is not.TurdBomber said:
Truthfully, I'm doing fine.jecornel said:Are multi-millionaires or billionaires suffering in this economy? Unless of course, your money is in crypto?
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People have been calling for a bubble to pop for the past 5 years. There is no bubble, just higher rates that have driven some buyers out. No more bidding wars, but supply and demand curves are still wildly out of whack. You just will not see 20% YTY appreciation.
I may be wrong on this, but I'm not seeing anything that says the market is going to crater by 50% as of today. The only IF is how bad of a recession we end up having. People need to lose jobs and be foreclosed for this to get bad, IMO. -
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Nothings changed with me POTDBleachedAnusDawg said:People have been calling for a bubble to pop for the past 5 years. There is no bubble, just higher rates that have driven some buyers out. No more bidding wars, but supply and demand curves are still wildly out of whack. You just will not see 20% YTY appreciation.
I may be wrong on this, but I'm not seeing anything that says the market is going to crater by 50% as of today. The only IF is how bad of a recession we end up having. People need to lose jobs and be foreclosed for this to get bad, IMO. -
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Houses in my county already have more price reductions in the last 30 days than all of last year combined.
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Real estate is a tool of white supremacy
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Pitchfork51 said:
Real estate is a tool of white supremacy
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i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting. -
Biggest correlated demographic to wealth is age.rodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting. -
And that's why you are an anti-gay bigot sir.rodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting.
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Even out here in Trump country you can't discriminate against the gays and no one is hunting them for sportrodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting. -
If you look and act like a freak, you’re probably not getting a ton of high paying job offers - unless you’re part of the Biden administration.rodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting.
And no matter how you slice it, lenders still look at things like debt to income ratios.
Puny income, puny ability to buy home.
Same as it ever was.
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Well, if they wouldn't check either "Are You Black" or "Are You a Tranny" box on their mortgage application, the lender would have no idea. See problem fixed.PurpleThrobber said:
If you look and act like a freak, you’re probably not getting a ton of high paying job offers - unless you’re part of the Biden administration.rodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting.
And no matter how you slice it, lenders still look at things like debt to income ratios.
Puny income, puny ability to buy home.
Same as it ever was. -
Jesse Pound? Of the Coney Island Pounds?rodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting. -
@RaceBannon must have more money than God.Bob_C said:
Biggest correlated demographic to wealth is age.rodmansrage said:
i read that article yesterday. i guess the big takeaway was:SFGbob said:
This rapid rise in the cost of a home is particularly impactful for the LGBTQ community, which is less likely to own a home. First-time homebuyers have to pay the higher prices without getting a boost from the value selling an existing property that they own.
but i guess if you're a first time homebuyer youre a first time homebuyer?
but also in the article
Location can also serve as a barrier to homebuyers in the community. Research from Zillow indicates that LGBTQ homeowners are more likely to live in urban areas than their cisgender peers, and that homes in areas that explicitly offer anti-discrimination protects can be $127,000 more expensive.
im just spitballing here but maybe pick somewhere less costly to live?
lastly, article was written by a guy with the last name of 'pound,' how fitting.
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I don't have a lot of sympathy for speculators and reckless buyers & investors. If you buy beyond your pay grade, don't be surprised if you wind up buried in debt. I never bought shit without knowing I could survive a collapse. It sucks to watch my stocks plummet, but others are fairing far worse.TurdBomber said:
Truthfully, I'm doing fine.jecornel said:Are multi-millionaires or billionaires suffering in this economy? Unless of course, your money is in crypto?
This is a time when the discipline of dollar cost averaging is your best friend. Stay the course and you'll be fine a few years down the road.