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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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52225620 No.52225620 [Reply] [Original]

Landlord bros...

>Zillow: Lays off 5% of total employees
>Real estate firm Re/Max will lay off 17% of its workforce by the end of the year, the company announced.
>Real estate brokerage Redfin laying off 6% of total employees
>Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks
>JPMorgan confirmed that it would lay off over 1,000 employees in its home-lending department.
>Wells Fargo mortgage staff brace for layoffs as US loan volumes collapse as much as 90% from a year earlier

>> No.52225828

Name a better move than buying/refinancing a house in 2020 or 2021? I feel like I won the lottery lmao

>> No.52225837
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52225837

>>52225828
Waiting until 2023

>> No.52225838

>>52225620
Is that Bam Margera?

>> No.52225856
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52225856

>>52225828
buying
>ethereum
>dogecoin
>shiba
>avax
>solana
>safemoon
>gamestop
>AMC
>TQQQ
>SOXL

>> No.52225935

>>52225856
I actually sold 55 ETH at $1500 each to help me make the down payment on this house. I regretted it when the bull market started but it was worth it.

>> No.52225942
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52225942

Leave Bam alone

>> No.52226042

>>52225828
>being happy about buying the top because the rate was low instead of waiting for high rates to crush the market and then for the fed to lower rates again to incentivize spending so you can buy a house at a 40-50% discount with a low rate
lmao

>> No.52226069
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52226069

>>52225838
Indeed it is

>> No.52226093

>>52226042
The market is trending downwards but my house is still worth 20% more than what I got it for. The 2.75 interest rate on my mortgage is the cherry on top. You can't tell me nothin faggot lol

>> No.52226106

>>52226093
Your house is not 20% more than what you bought it for, the numbers in the internet are not the numbers someone will pay you

>> No.52226119

>>52225828
buying in 2018 and refinancing in 2020

>> No.52226133
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52226133

>>52226106
LALALALALA

>> No.52226143

>>52226093
>still worth 20% more than what I got it for.
You sure about that? I bought june 2020 and got my house appraised 3 days ago because I was curious. Only worth about 7% more than what I paid. Apparantely the market took a big shit in august-october so I expect to be under water by new year

>> No.52226223

>>52226133
I kneel

>> No.52226827

>>52225935
have sex

>> No.52227148

>>52225828
Buying in 2013-2016 and refinancing in 2020 is pretty great.

Buying in 2020 not so much.

Saving and paying for a significant portion of your home in 2023 leaving you with a small loan.

>> No.52227185

>>52225620
most earth rockers are not land lords but i guess it could be possible. andy samberg might be a land lord.

>>52225838
bam margera is an earth rocker.

>> No.52227227

>>52227185
Do you have to be a musician to be an earth rocker?

>> No.52227236

>>52227227
no you do not.