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Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.
About a year ago I got a telemarketing call from some lady asking to buy my house. I said 'OK I'll take $900k". After a minute of 'checking' she said that was way too much. Looking at the price of my house today I would say I was ahead of the game. The offer would not be so unreasonable. Just a year ago.

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Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.
Airbnb going to full remote model globally - 'Compensation won't change for those Airbnb employees who choose to move. Starting in June, the company will have single pay tiers by country. '

Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.

Home prices increased like 20% over the past year. How uniform is that? Like if you were able to come up with 10% down on a $1M and swing the $5k/mo payments you could sell in a year or two with a substantial windfall. Is there turnover housing data pointing to a segment of buyers treating home purchases as a short term stock trade?

Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.
"The National Association of Realtors (NAR) reported that international buyers combined to purchase $59 billion worth of U.S. residential properties between April 2021 and March 2022, up 8.5% from the same period one year earlier. Chinese Investors accounted for $6.1 billion dollars in home purchases, totaling over 10% of the market. "

Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.

Why we need to cut taxes so people can afford things like homes versus having the government take it all.

Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.

Life imitates art

https://m.youtube.com/watch?v=mGfBEnBw01A

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Rip Testes
Jan 29, 2004

I never forget a face, but in your case I'll be glad to make an exception.

Beached Whale posted:

What if we did reverse mortgages, but worse



In this situation how do they determine the sell price of the house? Do they at least meet the value based on the tax assessment? I'm assuming they do not pay market rates.

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