"the world exists to serve you" they also said"Buy a house," they said.
apparently
More real estate doom and gloom
- Thread starter Toshi
- Start date
apparently
the first step to karenhood
Who doesn’t know or inform themselves, even in passing, about maintenance costs going into home ownership. Especially after waiving the inspection. I mean, really?!"Buy a house," they said.
LOL
How the pandemic housing market spurred buyer's remorse across America
Low interest rates, high rents and working from home combined to push many young Americans to buy their first home over the last two years. But it's not without challenges.www.kunr.org
We should forgive their debt. Who the hell can understand the financial burden when they buy their first house?
..........in their 30s
Its stupid! Market has shifted in the sellers favor and they're holding all the cards. Sellers in my area are all doing presale inspections, however buyers are coming in well over asking waving all contingences including the appraisal. Yes, they can see what's wrong upfront, but have no clues in what the costs of repairs will even be. With labor & material costs going through the roof, they'll be in for a rude awakening, and once the market settles........ Ouch!
We've been in this place for 18 years, and it's been paid for, for 3 months now."Buy a house," they said.
I still have buyers remorse.
Gotta live somewhere though, I guess.
i have issues with our house, but it's already worth almost 50% more than what we bought it for 9 years ago.We've been in this place for 18 years, and it's been paid for, for 3 months now.
I still have buyers remorse.
Gotta live somewhere though, I guess.
Is that a good thing?
Most of us just want a place to live, not really a rapidly appreciating investment, appreciating at the same rate as all the other housing around, increasing the taxes along with it, not to talk of the cost of rennovations.
its just an observation. i'm certainly not complaining about it. our property taxes are like 1.5%
I was very interested in tracking my home value after I bought it as I was terrified of going in the red if a "correction" took place. That clearly wasn't going to be a problem after a year so I no longer care. I need a place to live so as long as values go up or down similarly than the rest of the country so I can move my investment from one house to another without getting screwed I don't care.
you'll have to pay capital gains for the amount of your realized appreciation over $500k, tho
THEY'RE PENALIZING THE PRODUCERS OF THIS COUNTRY!!!
I think we know what happened to your unhappy camper now.
Capital gains only kicks in if you actually sell for that much appreciation.
Ashes to ashes, dust to dust.
I didn't buy it as an investment, but I'm not going to complain if it appreciates.
totally
My avocado futures blew through the roof when when we embargoed cartel produce.
You n me. We job creators.
Also 1031 exchange. At least capital gains are a relatively low rate. But it spurs people to not sell or reinvest.
Got to rent it out after buying a new place to make it eligible
You Can Do a 1031 Exchange on a Primary Residence—Here's How
One of the biggest questions we get is: Can I use my primary residence in a 1031 tax-deferred exchange?
www.realized1031.com
Have to love how many ways there are to dodge taxes, or pay a lower rate unless you are getting a paycheck or it is an "investment home".
I need to do a better job of saving receipts for improvement costs.
I need to do a better job of saving receipts for improvement costs.
That said, the $500k capital gains exemption (and the $11M estate tax floor) are very generous as it is.
Well dam it. I wonder if that’s one of the reasons people have llcs own their home. Amount other reasons of course.Got to rent it out after buying a new place to make it eligible
You Can Do a 1031 Exchange on a Primary Residence—Here's How
One of the biggest questions we get is: Can I use my primary residence in a 1031 tax-deferred exchange?
of wells fargo fraud fame too!
That guy really is a monumental piece of shit. Former cop too, who would have guessed?
Yeah, some real Rudy-esque shit going on with that guy. Clearing homeless camps. Reinstating the shitty, violent undercover cop-gang. Don't even get me started about his Covid bullshit.
I voted for the socialist.
Report: How many homes are sitting empty in California?
About 16 million homes are sitting vacant across the U.S., according to a report using census data.
ktla.com
Key first sentence.
Report: How many homes are sitting empty in California?
About 16 million homes are sitting vacant across the U.S., according to a report using census data.ktla.com
Key first sentence.
Attachments
re: Maine empty houses in that article. Maine has a lot of summer camps (my family has one). sits vacant the vast majority of the year. but it also aren't suitable as a year round residence (eg no insulation, etc). this style is very popular. i wonder if that's reflected in those numbers.Report: How many homes are sitting empty in California?
About 16 million homes are sitting vacant across the U.S., according to a report using census data.ktla.com
Key first sentence.
Two Pearl District townhouses in former train station are for sale, starting at $1,575,000
The original 1908 SP&S Railway passenger terminal was converted into row houses with exposed brick walls and more than 2,000 square feet of living space.
www.oregonlive.com
Don't move her, just saying.
February statistics from Redfin show Portland’s median home price was $511,150. Almost all of our suburbs blow right past that number: Median home prices in Tigard, Milwaukie, Beaverton, Hillsboro, Wilsonville, Happy Valley and Oregon City are all more expensive than in Portland proper. (And, obviously, in Lake Oswego and West Linn, at $902,000 and $765,000, respectively.)
Only four U.S. cities were less affordable than Denver in March
Other than San Francisco, San Diego, Los Angeles and Miami, pretty much everywhere else is cheaper to live.
denverite.com