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someone explain how so many people are buying $3-4 million houses
| mint arrogant coldplay fan | 08/15/18 |
| Mentally Impaired Bright Turdskin Address | 08/15/18 |
| fighting tank round eye | 08/15/18 |
| mint arrogant coldplay fan | 08/15/18 |
| Duck-like Nibblets Point | 08/15/18 |
| Haunting Ruddy Shitlib | 08/15/18 |
| misunderstood bull headed sanctuary famous landscape painting | 08/15/18 |
| Abusive learning disabled field | 08/15/18 |
| mint arrogant coldplay fan | 08/15/18 |
| Irradiated pontificating stag film | 08/15/18 |
| Blathering puce rehab marketing idea | 08/15/18 |
| Mauve kink-friendly sandwich | 08/16/18 |
| Idiotic Church Building | 08/15/18 |
| misunderstood bull headed sanctuary famous landscape painting | 08/15/18 |
| mint arrogant coldplay fan | 08/15/18 |
| misunderstood bull headed sanctuary famous landscape painting | 08/15/18 |
| Sooty School | 08/15/18 |
| Orchid boistinker | 08/16/18 |
| Translucent Wonderful Theater Stage Rigor | 08/15/18 |
| Cerise Nighttime Hospital | 08/15/18 |
| mint arrogant coldplay fan | 08/16/18 |
| Cowardly Red Garrison | 08/16/18 |
| Duck-like Nibblets Point | 08/16/18 |
| gaped passionate location death wish | 08/16/18 |
| Idiotic Church Building | 08/17/18 |
| gaped passionate location death wish | 08/16/18 |
| Abusive learning disabled field | 08/16/18 |
| stirring set national security agency | 08/16/18 |
| lascivious topaz ticket booth | 08/17/18 |
| Irate gas station | 08/17/18 |
| claret insane associate | 08/17/18 |
Poast new message in this thread
Date: August 15th, 2018 2:45 PM Author: mint arrogant coldplay fan i dont understand this, there aren't that many people who can afford this even with family help
but these new construction houses keep being build and sold left and right |
Date: August 15th, 2018 2:46 PM Author: Mentally Impaired Bright Turdskin Address lots of people can afford that. most people are rich, bro (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621597) |
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Date: August 15th, 2018 2:49 PM Author: fighting tank round eye Around 20-25% of them are in fact all cash buyers.
I'd guess another large portion have gigantic mortgages, most likely ARMs, and qualify based on lawyer/doctor type dual incomes. |
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Date: August 15th, 2018 2:50 PM Author: mint arrogant coldplay fan jfc (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621624) |
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Date: August 15th, 2018 2:50 PM Author: Duck-like Nibblets Point are you not familiar with ACCB (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621617) |
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Date: August 15th, 2018 2:51 PM Author: Haunting Ruddy Shitlib interest-only loans (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621628) |
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Date: August 15th, 2018 6:07 PM Author: misunderstood bull headed sanctuary famous landscape painting Smart (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622791) |
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Date: August 15th, 2018 2:52 PM Author: Abusive learning disabled field I used to drive around west Los Angeles and marvel at the sheer number of people who have the money to purchase a 2m+ home. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621632) |
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Date: August 15th, 2018 2:53 PM Author: mint arrogant coldplay fan it doesnt make any sense (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621644) |
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Date: August 15th, 2018 2:52 PM Author: Irradiated pontificating stag film http://ontheworldmap.com/china/china-location-on-the-asia-map.jpg (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621640) |
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Date: August 15th, 2018 6:06 PM Author: Blathering puce rehab marketing idea (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622783) |
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Date: August 16th, 2018 12:46 AM Author: Mauve kink-friendly sandwich (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624976) |
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Date: August 15th, 2018 6:05 PM Author: Idiotic Church Building They're all going to be sold for much cheaper in the next recession. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622780) |
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Date: August 15th, 2018 6:06 PM Author: misunderstood bull headed sanctuary famous landscape painting You bought a house a while ago, you sold it for $1 million. You roll that into the new house and your HHI is $500k. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622787) |
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Date: August 15th, 2018 6:16 PM Author: mint arrogant coldplay fan congrats! your property taxes alone are now $50k. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622832) |
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Date: August 15th, 2018 6:16 PM Author: misunderstood bull headed sanctuary famous landscape painting Spreadsheet says you can afford it! Here are the keys! (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622836) |
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Date: August 15th, 2018 6:07 PM Author: Sooty School they're all egeneral contractors who made their money building houses for other millionaires. once somebody realizes what's up the whole thing is gonna topple (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622790) |
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Date: August 16th, 2018 12:51 AM Author: Orchid boistinker (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624996) |
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Date: August 15th, 2018 6:08 PM Author: Translucent Wonderful Theater Stage Rigor can confirm at least a thousand of these homes near me and all are bought and sold like flapjacks by boomers from new jersey and arizona. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622794) |
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Date: August 15th, 2018 6:16 PM Author: Cerise Nighttime Hospital (((leveraged))) to the hilt (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622834) |
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Date: August 16th, 2018 12:41 AM Author: mint arrogant coldplay fan (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624943) |
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Date: August 16th, 2018 12:50 AM Author: Cowardly Red Garrison there are tens of thousands of big law attorneys, tens of thousands of doctors, tens of thousands of tech sector bros, tens of thousands of rich kids with rich parents, tens of thousands of people with 1m+ equity in their current homes that need to move.
the population is increasing and that includes the rich.
also, the economy is doing well so people have more money on paper right now. in theory the relative price of a million dollar house is much cheaper given inflation, stock growth, etc. |
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Date: August 16th, 2018 8:05 AM Author: Duck-like Nibblets Point Salarycucks cant really afford 3m dollar homes. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625622) |
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Date: August 16th, 2018 8:44 AM Author: gaped passionate location death wish In general you’re right but it depends what you mean by “afford” (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625667) |
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Date: August 17th, 2018 1:44 PM Author: Idiotic Church Building Retarded to take significant debt to pay for a house like that.
a) no one needs a 7 figure house anywhere, let alone a 7 figure house several times over.
b) anyone with a brain realizes the economy is doing well but it won't last forever. People who are stretching themselves to get these houses will be losing them in the next downturn. |
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Date: August 16th, 2018 8:43 AM Author: gaped passionate location death wish My friend lives near Fort Lauderdale which is fine but not super fancy and you can drive around and pass canal after canal filled with 1 million+ dollar boats. And this is just what these people are spending on BOATS. Always try to figure out what all these people do for a living (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625665) |
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Date: August 16th, 2018 10:35 AM Author: Abusive learning disabled field Boat salesmen? (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36626020) |
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Date: August 16th, 2018 8:46 AM Author: stirring set national security agency (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625669) |
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Date: August 17th, 2018 1:49 PM Author: lascivious topaz ticket booth santa monica is now basically all .01%-rich or elite foreigners. it's absurd. like $6m for a 2000 sq ft place that isn't total shit. (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633438) |
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Date: August 17th, 2018 1:51 PM Author: Irate gas station All cash Chinese buyers (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633453) |
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Date: August 17th, 2018 1:53 PM Author: claret insane associate 30 year old boomers (http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633463) |