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Fuzzy Mammal posted:In the 12 months since I moved in, my new house appreciated more than the entire value of my old house, which itself doubled in value since I first bought it. Things are crazy. I know people gett annoyed with housing chat but I bought a very modest house in 2016 for 130k. it was appraised last year for 180k. 220k this year. that's 30% for what I paid in 1 year lol I don't say that to brag or anything it's just goddamned asinine how much housing is appreciating. I don't see how this isn't a bubble. I haven't made 90k in improvements to the house. I mean yeah I've taken care of it and fixed some stuff but lol home values are completely untethered to anything. and it's not like I could sell it and use the money to buy something better because every other house on the market is overpriced too so the only thing exploding home prices do for me is make me pay more in taxes on it. which would be great if it meant they paid teachers more and poo poo but IDK where the hell the money goes
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# ? Mar 21, 2022 18:31 |
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# ? May 25, 2024 14:22 |
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lol your family doctor isn't pulling down $300k, that bitch better be riding the bus like a responsible poor
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# ? Mar 21, 2022 18:33 |
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A Buttery Pastry posted:Wouldn't buying in bulk be exactly what you should do? Your money becomes worth less over time, and buying in bulk is generally cheaper in the first place. Because it's rude to take the subway home with 19 cubic feet of paper towels and canned lentils, of course
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# ? Mar 21, 2022 18:34 |
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canned lentils? bro
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# ? Mar 21, 2022 18:35 |
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spacemang_spliff posted:I know people gett annoyed with housing chat but I bought a very modest house in 2016 for 130k. it was appraised last year for 180k. 220k this year. that's 30% for what I paid in 1 year lol we bought right before the pandemic shut everything down and now zillow says it's increased by over $350k since then, lol california
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# ? Mar 21, 2022 18:36 |
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spacemang_spliff posted:canned lentils? smdh
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# ? Mar 21, 2022 18:37 |
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good thing last year's lentil crop didn't bomb big time oh
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# ? Mar 21, 2022 18:37 |
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if i buy the bagged stuff im missing out on the Lentil Juice and thats like 200 calories down the drain per trip
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# ? Mar 21, 2022 18:38 |
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A Buttery Pastry posted:Wouldn't buying in bulk be exactly what you should do? Your money becomes worth less over time, and buying in bulk is generally cheaper in the first place. Yes. A constant problem I ran into working a near-minimum-wage job was that as much as I might want to buy the better product that would last longer, or bulk of items so that I got a cheaper cost per unit, I never had the money to do that so I was constantly replacing lovely shoes or buying another pack of toilet paper or whatever. I think catch-22 goes into this but inflation obviously makes that significantly worse. 300K puts you close to the 99th percentile of income; they're literally telling 99 out of every 100 americans to gently caress off to the bus and give up meat and most of those people don't even have the bus option realistically. e: and the "nobody said this would be fun" line should be what's written on their graves after we guillotine them; condescending assholes.
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# ? Mar 21, 2022 18:39 |
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Never seen canned lentils in my life
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# ? Mar 21, 2022 18:39 |
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H.P. Hovercraft posted:we bought right before the pandemic shut everything down and now zillow says it's increased by over $350k since then, lol california lmao goddamn my old rear end neighbor passed away a month or so ago, his kids are cleaning out his house, which I assume they plan to sell. I wonder who will buy it. This is definitely a working class kind of neighborhood, most of the houses are 2-3 bedroom 1-2 bath ranches built in the 50s. It'd be nice to see a family buy it but I gotta think most people are priced out, so I assume it will be a rental company. I'm willing to bet in 10 years I'll be one of the few people still owning on my block.
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# ? Mar 21, 2022 18:43 |
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behind the post: I had originally written canned tomatoes then remembered at the last second that the tweet mentioned lentils so i changed it without thinking about the context or consequence to try to capture a better posting demographic also im stupid
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# ? Mar 21, 2022 18:43 |
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projecthalaxy posted:behind the post: not being able to identify a vegetable sounds like signature goon so I think you're ok.
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# ? Mar 21, 2022 18:54 |
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christmas boots posted:not being able to identify a vegetable sounds like signature goon so I think you're ok. lol
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# ? Mar 21, 2022 18:57 |
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spacemang_spliff posted:lmao goddamn the retired lady we bought from told us that we weren't the highest bid, apparently we came in 3rd but our cringy letter of Our New Family pushed us to the top over all the institutional investors for her this is our first house and it's kinda wild how this neighborhood's turnover is going, we've already had three new families move in on our little street alone since we did, and one of our immediate neighbors just had their kids spend the last three weekends cleaning out what appears to be all of their stuff so it looks like #4 is on the way, all the old folks appear to have decided it's time to be gettin the hell outta here all the other streets around here seem to have the same story, but with way more redfin purchases. i saw a three bedroom a block over go for about $420/sqft last summer - we paid closer to $250/sqft, poo poo is bananas and i don't see how it's sustainable. we already wouldn't have been able to afford this place if we'd waited even 4 months
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# ? Mar 21, 2022 18:57 |
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canned chicken nuggets
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# ? Mar 21, 2022 18:57 |
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H.P. Hovercraft posted:the retired lady we bought from told us that we weren't the highest bid, apparently we came in 3rd but our cringy letter of Our New Family pushed us to the top over all the institutional investors for her
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# ? Mar 21, 2022 18:59 |
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A Buttery Pastry posted:institutional investors read this, start setting up shell families to buy homes cheaper iirc those letters (and pictures ofc) are required for all home purchases in oregon, i'd imagine they've already pioneered this one weird trick
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# ? Mar 21, 2022 19:03 |
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H.P. Hovercraft posted:iirc those letters (and pictures ofc) are required for all home purchases in oregon, i'd imagine they've already pioneered this one weird trick
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# ? Mar 21, 2022 19:05 |
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wasn't there a period of times where real estate types would hire "model families" to occupy a home during the sale process? it wouldn't surprise me one tiny bit to see them requesting application letters from families to live in their properties which they then turn around and use to circumvent poo poo like oregon's rules
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# ? Mar 21, 2022 19:10 |
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A Buttery Pastry posted:institutional investors read this, start setting up shell families to buy homes cheaper My [SPOUSE] and [NUMBER_BETWEEN_1_3] children [NAMES 1-3] are excited to move into our first [INVESTMENT PORTFOLIO]
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# ? Mar 21, 2022 19:10 |
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H.P. Hovercraft posted:the retired lady we bought from told us that we weren't the highest bid, apparently we came in 3rd but our cringy letter of Our New Family pushed us to the top over all the institutional investors for her How is it not sustainable? The banks have unlimited money.
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# ? Mar 21, 2022 19:17 |
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Lib and let die posted:wasn't there a period of times where real estate types would hire "model families" to occupy a home during the sale process? There's a movement to ban those letters precisely because they can let people engage in plausibly deniable racism
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# ? Mar 21, 2022 19:18 |
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Lib and let die posted:wasn't there a period of times where real estate types would hire "model families" to occupy a home during the sale process?
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# ? Mar 21, 2022 19:19 |
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fast cars loose anus posted:There's a movement to ban those letters precisely because they can let people engage in plausibly deniable racism hmm considering the history of Oregon I assume that's the whole point
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# ? Mar 21, 2022 19:25 |
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Nothus posted:How is it not sustainable? The banks have unlimited money. we had to get a special "jumbo loan" for our mortgage because it was for so much lol
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# ? Mar 21, 2022 19:37 |
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I don't know or care how much my house is "worth" since we refinanced to get a 2% interest rate. My entire loan balance is smaller than most of the gains you guys have been taking about in here though lol, your mortgage payments must be more than I make in a month.
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# ? Mar 21, 2022 20:07 |
spacemang_spliff posted:canned lentils? Well how else am I supposed to get my microplastics and phthalates on this stupid whole foods diet?
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# ? Mar 21, 2022 20:29 |
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https://twitter.com/JStein_WaPo/sta...ingawful.com%2F
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# ? Mar 22, 2022 00:40 |
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https://twitter.com/CNN/status/1506...ingawful.com%2F YOU CONTROL CONGRESS AND THE WHITE HOUSE YOU loving ASSHOLES
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# ? Mar 22, 2022 01:59 |
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Lmfao have a million Americans died of COVID yet? China is still way under 10,000, right?
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# ? Mar 22, 2022 02:03 |
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Mafic Rhyolite posted:Lmfao have a million Americans died of COVID yet? China is still way under 10,000, right? i dunno we stopped counting
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# ? Mar 22, 2022 02:04 |
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like literally. we aren't counting anymore. we stopped before we officially hit a million because man that's a big number that would definitely grab some headlines. literally zero places in america are counting anymore
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# ? Mar 22, 2022 02:04 |
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Ahahahahahaha that rules The democrats have earned their destruction so hard I can barely believe it
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# ? Mar 22, 2022 02:06 |
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the bitcoin of weed posted:the settler state, faced with no remaining frontiers, cannibalizes itself from the bottom up. death to america Inshallah
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# ? Mar 22, 2022 02:07 |
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Mafic Rhyolite posted:Ahahahahahaha that rules agressively pretending that covid isn't real honestly seems like the only broadly popular thing they've done lol
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# ? Mar 22, 2022 02:13 |
H.P. Hovercraft posted:lol your family doctor isn't pulling down $300k, that bitch better be riding the bus like a responsible poor turns out doctors can't buy houses either because they can't compete with corporations https://twitter.com/DrDrAbhiKole/status/1505890528428240903
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# ? Mar 22, 2022 02:20 |
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To buy a house I needed a free VA loan, cash out retirement savings, an inheritance, a sizeable amount of savings, and we still needed a gift from the inlaws. We were out bid over 9 times before finally we got one
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# ? Mar 22, 2022 02:30 |
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Griz posted:turns out doctors can't buy houses either because they can't compete with corporations gee maybe the Democrats, who control the House, Senate, and White House, should do something about this
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# ? Mar 22, 2022 02:31 |
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# ? May 25, 2024 14:22 |
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ex post facho posted:gee maybe the Democrats, who control the House, Senate, and White House, should do something about this but the country is actually run by the parliamentarian
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# ? Mar 22, 2022 02:37 |