/biz/ - Business & Finance

Rates went from 0 to 7% and houses dipped 10%
Took a deathpledge for 20 years at 1.29% even when I could buy outright
Cash aside for land, loan for current residence

The play was to lock low interest rates and
with cash on hand, then buy the dip.. but dip is nowhere to be seen

>>16646760
Read the Amazon reviews on this one. Come back when you're done.

>>16474819
And these are the "good" times. Wait until the next crash happens. Millennials will be fucked even more.

>>16466053
He makes fun of wagies for buying the top in 2008, even though they paid 25k to attend one his seminars where he told them to go into debt to buy real estate.

Why have people learned nothing from 2008?

>>16098399
Read the amazon reviews for pic related you retard.

>>16095131
At least until the market crashes, you have to file for bankruptcy, and your house gets foreclosed.

>>16046497
>When should I buy a house?
When you no longer get postcards in the mail begging you to get a mortgage.

>>16044675
>potentially an investment
>potentially could count as a “saved” asset
It's a good thing you used potentially, because this is exactly what people thought back in 2008. Then they realized they didn't actually have anything at all.

>>15957400
There were people who believed in pic related unironically.

>>15833201
It's a great investment.

>>15804886
>when did you realise this was a scam?
When I understood the boomer.

You didn't buy a house did you?

You ARE mortgaging the top of the market right?

>>15504751
>be goy in 2008
>get told home prices will always keep rising
>it's a great investment :^)
>turns out you bought the top
>you have now have negative equity
>declare bankruptcy
>home gets foreclosed
>fast forward to present day
>just buy the top of the market in 2019 on credit bro :^)
Yeah, real great advice there you dumb motherfucker.

>>15504751
>be goy in 2008
>get told home prices will always keep rising
>it's a great investment :^)
>turns out you bought the top
>you have now have negative equity
>declare bankruptcy
>home gets foreclosed
>fast forward to preset day
>just buy the top of the market in 2019 on credit bro :^)
Yeah, real great advice there you dumb motherfucker.

>>14963160
>mortgaging the top
>literally owns nothing
>mortgaging the top
>paying for college in the current year
>mortgaging the top
Yep, it's a retard.

>>14153761
>he bought the top
Look at this retard and laugh.

You DID buy a house right?

>>14061799
>>14061834
Real estate market is going to crash soon, and he doesn't want to be caught holding boomerbags. He can just rebuy for cheaper once that happens.

You ARE buying the top right?

Why haven't you mortgaged a house yet?

Why aren't you building negative equity by buying a house yet?

Why haven't you bought a mcmansion yet?