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  1. #51
    bandwagoner fans suck ducks's Avatar
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    Since Biden is in office, you'll complain either way
    He is in the basement hiding …….

  2. #52
    Mr. John Wayne CosmicCowboy's Avatar
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    Boy was I wrong in the original post. I totally missed the in migration of Californian's etc. And the millions of houses being bought up for rentals by REITs and huge outfits like Blackrock. There has to be an end eventually but house prices are still going up faster than inflation.

  3. #53
    Mr. John Wayne CosmicCowboy's Avatar
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    I am told by realtor friends in New Braunfels that almost half of sales are from California and many for cash they got selling their houses there.

  4. #54
    right about pizzagate Blake's Avatar
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    That's been going here for 20+years

  5. #55
    Yam Tits's Bonespur Xray Ef-man's Avatar
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    That's been going here for 20+years
    He is topic kiss of death when he weighs in with certainty

  6. #56
    bandwagoner fans suck ducks's Avatar
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    A $1 million starter home is now the norm in more than 200 US cities
    https://www.yahoo.com/finance/news/1...080003003.html

  7. #57
    Yam Tits's Bonespur Xray Ef-man's Avatar
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    Can’t buy a house in big a city earning 12 computers fixed a day pay so ducks better stay in Yuma.

  8. #58
    notthewordsofonewhokneels Thread's Avatar
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    A $1 million starter home is now the norm in more than 200 US cities
    https://www.yahoo.com/finance/news/1...080003003.html

  9. #59
    Yam Tits's Bonespur Xray Ef-man's Avatar
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    Am sure that Yam s is not the only one inflating their property portfolio value to inflate their net worth just to get favorable business rates/terms.


  10. #60
    notthewordsofonewhokneels Thread's Avatar
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    Am sure that Yam s is not the only one inflating their property portfolio value to inflate their net worth just to get favorable business rates/terms.

    Let us hope not.

    tee, hee.

  11. #61
    I am that guy RandomGuy's Avatar
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    I am told by realtor friends in New Braunfels that almost half of sales are from California and many for cash they got selling their houses there.
    I bought into my house at a good time and have seen my home in San Marcos almost double in value in 8 years. YAY. Locked in a mortgage for less than 4% that I am never, ever going to be able to refinance more cheaply... heh.

    Bad for property taxes though.

  12. #62
    I am that guy RandomGuy's Avatar
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    That's been going here for 20+years
    Can confirm. I have been watching Austin move south, and San Antonio move north.

    Traffic gets worse and worse every year. We waste so much time and money in traffic that you can't tell me that trains wouldn't be better.

  13. #63
    Savvy Veteran spurraider21's Avatar
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    I am told by realtor friends in New Braunfels that almost half of sales are from California and many for cash they got selling their houses there.
    i was one of those when i moved to virginia in 2019. i didnt have a house to sell, but the price difference was so jarring that we just ended up buying there anyway

    currently renting here in LV, but i kept my virginia home and am currently renting that one out. didnt make sense to sell. as of now the rent im getting (before paying property manager fees, maintenance, etc) is about 900 more than the mortgage + insurance cost on it

  14. #64
    notthewordsofonewhokneels Thread's Avatar
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    Can confirm. I have been watching Austin move south, and San Antonio move north.

    Traffic gets worse and worse every year. We waste so much time and money in traffic that you can't tell me that trains wouldn't be better.
    As long as you don't have a dog barking, or loud banging music you got it made, RG.

    I wish those 2 maladies on no one, ever. It's my religion.

    I am happy for you and your's on this subject.

  15. #65
    right about pizzagate Blake's Avatar
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    i was one of those when i moved to virginia in 2019. i didnt have a house to sell, but the price difference was so jarring that we just ended up buying there anyway

    currently renting here in LV, but i kept my virginia home and am currently renting that one out. didnt make sense to sell. as of now the rent im getting (before paying property manager fees, maintenance, etc) is about 900 more than the mortgage + insurance cost on it
    And then you cross your fingers no major repairs are needed until you can sell it

  16. #66
    notthewordsofonewhokneels Thread's Avatar
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    And then you cross your fingers no major repairs are needed until you can sell it
    Look at Blake; acting like somebody.

    You do have your moments. They ain't too often, but I spot 'em whenever they surface.

    Blake

  17. #67
    Savvy Veteran spurraider21's Avatar
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    And then you cross your fingers no major repairs are needed until you can sell it
    oh im sure there will be. theres always risk in holding a property. but i'm netting 900/mo right now, and mortgage wont climb while rents might... its part of the calculus.

    the roof was last replaced in 2011 or so thats a known cost on the way at some point, in an area that gets a fair amount of rain

  18. #68
    Mr. John Wayne CosmicCowboy's Avatar
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    I bought into my house at a good time and h400kave seen my home in San Marcos almost double in value in 8 years. YAY. Locked in a mortgage for less than 4% that I am never, ever going to be able to refinance more cheaply... heh.

    Bad for property taxes though.
    Yeah, it's crazy. My McQueeney house has doubled in 6 years with a 2.38% mortgage even with the lake not being back until next year. I get "cash" offers all the time. The colorado house according to redfin/zillow is up
    400k in two years. Real estate is crazy there. Labor and the short construction season is a killer. New construction is 700-800 per square foot.

  19. #69
    bandwagoner fans suck ducks's Avatar
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    NEW YORK — In 2006, the hulking office building at 135 W. 50th St. in midtown Manhattan sold for $332 million. Tenants occupied nearly every floor; offices were in demand; real estate was booming.

    On Wednesday, it changed hands again, in an unusual online auction — for $8.5 million.

    The staggeringly low sale price of the 23-story glass behemoth that was once the headquarters of Sports Illustrated is the latest and perhaps most surprising sign of how the pandemic has upended the state of office buildings in New York City, home to the largest central business district in the United States.

  20. #70
    Alleged Michigander ChumpDumper's Avatar
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    NEW YORK — In 2006, the hulking office building at 135 W. 50th St. in midtown Manhattan sold for $332 million. Tenants occupied nearly every floor; offices were in demand; real estate was booming.

    On Wednesday, it changed hands again, in an unusual online auction — for $8.5 million.

    The staggeringly low sale price of the 23-story glass behemoth that was once the headquarters of Sports Illustrated is the latest and perhaps most surprising sign of how the pandemic has upended the state of office buildings in New York City, home to the largest central business district in the United States.
    That's...not housing.

  21. #71
    Yam Tits's Bonespur Xray Ef-man's Avatar
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    That's...not housing.
    Did you expect anything less from a low iq alt ducks?

  22. #72
    notthewordsofonewhokneels Thread's Avatar
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    Did you expect anything less from a low iq alt ducks?
    Effy, kissin' that Dumper's dumper.

  23. #73
    bandwagoner fans suck ducks's Avatar
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    That's...not housing.
    Did you want me to start a new thread about it
    Stalker

  24. #74
    Alleged Michigander ChumpDumper's Avatar
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    Did you want me to start a new thread about it
    Sure. Commercial real estate is an interesting topic.
    Stalker
    You don't want people reading or replying to your posts?

    Weird.

  25. #75
    bandwagoner fans suck ducks's Avatar
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    Is black woman an interesting topic for you also ?
    What about white woman ?
    What about Indian woman ?
    What about sex ?

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