>>62243169sell it before you lose more
you bought during the peak exodus from covid ghettos?
>>62243169If you can make the payments and are happy living there then it literally does not matter. Your primary residence is your home first and an investment second. Plus, if you live there 5+ years you will most likely gain value.
>>62243169absolute top for now
The exodus from covid ghettos caused a large influx in home purchases and median prices rising due to people moving from more expensive areas boosting the prices in less expensive areas and thus driving up the median. Simple math. Those market conditions were rare and not sustainable. >>62243201>it doesn't matter if you are paying 3x market rate and mostly interest hahahah
>>62243221>muh shekelsLike is said, home first investment second. Simple as.
>>62243169Home prices aren’t coming down.
>>62243221no house in a developed country is dropping to a third of its value unless its on an ecological disaster site
>>62243235they are. it's just starting to crack. houses aren't selling, especially in covid boom areas like florida
>>62243275>2 more weeks
>>62243241what if the house in an undeveloped country
>>62243169Whats your mortgage rate
>>62243169>>62243221>>62243275Ultimately it doesn't really matter because interest rates are so high now that prices need to go down a LOT to get a better deal than in the post covid bubble.
>>62243169at least u have a house though anon and arent a renting peasant anymore. You get to live in it and have something that is yours
>>62243275Doesn’t mean they are coming down. No one can afford them. And many housing projects got cancelled.
>>62243169How do you feel?
>>62243275tmw
>>62243230>he did save cash to buy the obvious dump
>>62243235>120 days on marketThis is fine>>62243357>debtniggers can't get a dealYou all deserve it, really.
>>62243169You fell for the home ownership meme. It makes zero sense to purchase a house unless you have a family, because real estate under-performs compared to all other asset classes
>>62243220>absolute top for nowthisI bought my home at the absolute top in 2001. Unfortunately I've only made 1000% gains in the last 25 years. Could've been 10,000% gains if I had bought a couple years earlier but my dumb ass will have to settle for making $900k in profit instead of $990k.
