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[+]SirRender0 points0 points0 points
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(edited ago)
[–]SirRender0 points
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(edited ago)
This is true, my last house I literally brought 10k to closing to get it off my back. 4 years. My first house I made 20k. 5 years. Granted they were very different markets. This is all selling.
I lived in Tacoma and my wife worked in downtown Seattle, she took the train in everyday. 3000 square foot home, 6 bedroom, 2.5 bath, 230k, try commuting.
May own something of value, a lot of people went underwater in 08. The main driver, not fannie or freedie, but the idea that "real estate always goes up"
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[–] [deleted] 4 points 8 points 12 points (+12|-4) ago (edited ago)
[–] Kylan 0 points 5 points 5 points (+5|-0) ago
Depends on how long you are going to be in the area. Less than five years and you tend to lose money on the selling.
[–] SirRender ago (edited ago)
This is true, my last house I literally brought 10k to closing to get it off my back. 4 years. My first house I made 20k. 5 years. Granted they were very different markets. This is all selling.
[–] due 1 point 3 points 4 points (+4|-1) ago
Come to seattle 200k wont get you a studio apt in the city. Come to san fran you wont even get a closet
[–] ThePieAssassin 0 points 5 points 5 points (+5|-0) ago
You are a terrible salesman.
[–] SirRender 0 points 1 point 1 point (+1|-0) ago
I lived in Tacoma and my wife worked in downtown Seattle, she took the train in everyday. 3000 square foot home, 6 bedroom, 2.5 bath, 230k, try commuting.
[–] TheDude2 1 point 0 points 1 point (+1|-1) ago
Studio apartments rent for over 200k a month? wow
[–] Ghetto_Shitlord ago
May own something of value, a lot of people went underwater in 08. The main driver, not fannie or freedie, but the idea that "real estate always goes up"