@kevinCO96571862@FinancialPhys I think its clicking for you now given your reaction. You can't believe it, and neither can anyone else lol. Hence why the market still has much more room to drop.
@kevinCO96571862@FinancialPhys The other half of my duplex for starters. Sold in 2019 for $120k and is now being listed at $425k with minimal work done to it.
@kevinCO96571862@FinancialPhys It has way more room to drop than that. Some of these houses went up 2.5x within 4-5 years. Thats just not reasonable or sustainable given the average household income. Those who could afford it dropped their load a couple of years ago. The buyers are just gone now.
@AnonGoyim69@FinancialPhys Well actually maybe not worth more than your trailer. You're probably asking $150k for your $30k trailer, so I stand corrected.
@cashflowpete True, but i believe all the normal rules have been thrown out the window these past few years. Took my parents home from 1994-2017 to double in value. This market did it in 5 years. Its not realistic nor sustainable, so waiting is smarter.
@AnonGoyim69@FinancialPhys "Poors", yet your profile pic is a piece of shit truck with a white trash lift. And clearly you don't do math well if you think it only went up 3% in 5 years
@kevinCO96571862@FinancialPhys Never worth $600K, but buyers with FOMO WAY overpaid in the early 2020s, so now all sellers believe they can rake everyone over the coals. Now the realization is setting in that those FOMO buyers are gone and the selling opportunity has been missed.
@AnonGoyim69@FinancialPhys You own a home and are happier than a pig in shit thinking your cracker box's value jumped up 200% within 5 years. Did I hit the nail on the head?
@101sfinance@Polymarket He organically grew his following by just telling it how it is during a time where others tried silencing people. He became a juggernaut by just being likeable.
@rdqBlueRidge@KalliaJess30536@BowTiedOdin You dont realize how lucky you had. Your piece of shit cracker box isn't worth half of what you think it is. And you will learn that soon enough when you run out of buyers. Better sell quick
@rdqBlueRidge@KalliaJess30536@BowTiedOdin My father bought his first house in 1976 next to a lake with a job flipping burgers at Roy Roger's. That same house today would require you to be making $250k a year. I dont think you're grounded in reality...
@RyanWycuff@iluminatibot Are you retarded? Worked hard for their house? Prices more than doubled within 5 years, which priced every single young person out of the market.