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Started By
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re: The math for buying a home no longer works, per WSJ
Posted on 12/20/23 at 9:15 am to Steadyhands
Posted on 12/20/23 at 9:15 am to Steadyhands
quote:A big issue is foreign entities and corporations buying these overpriced houses as investment properties. Drive around any neighborhood in the Austin area and you'll see multiple single-family homes with For Rent signs.
Don't buy houses you can't afford and that are over priced, and this current income to cost ratio wouldn't exist.
This post was edited on 12/20/23 at 9:28 am
3
Posted on 12/20/23 at 6:52 pm to yaboidarrell
quote:
Drive around any neighborhood in the Austin area
And you lost me right there. Love Texas, no desire to live in Austin or do things that Austin residents do.
Politicians
Creative director
Hippie
Douchebag
Microbrewist
Yeah no. I'll keep a real job and live in a real place and drive a real car.
Posted on 12/20/23 at 9:18 pm to yaboidarrell
quote:
A big issue is foreign entities and corporations buying these overpriced houses as investment properties. Drive around any neighborhood in the Austin area and you'll see multiple single-family homes with For Rent signs.
Our perfect and wonderful market forces are about to correct and it will be great for everyone*
*billionaires
Posted on 12/21/23 at 2:02 am to yaboidarrell
quote:
Drive around any neighborhood in the Austin area and you'll see multiple single-family homes with For Rent signs.
And if nothing else, dear Section 8 will ensure that house gets occupied by…somebody
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