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/biz/ - Business & Finance

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56074673 No.56074673 [Reply] [Original]

Should I use 500k cash to buy a house in the mountains or will prices go down? Waging in the city is making me want to kms.

>> No.56074710

>>56074673
what kind of house that is in the mountains cost 500k

>> No.56074719

>>56074710
The ones in California cost that much in the mountains rn, they were ~200k before covid.

>> No.56074728

>>56074719
I do not even want to be in a state that borders California, let alone live in it. Their politics are trash and when people from there leave to another state, they bring their shitty politics with them.

>> No.56074735

>>56074673
>cash to buy a house
Are you retarded lmao?

>> No.56074737

Anything that's not either a dump or on a cucklot, really $500k can't even buy a decent house in the mountains

>> No.56074741
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56074741

>>56074735

>> No.56074742

>>56074735
If he's fucking off to the mountains he doesn't want to continue wageing

>> No.56074762

>>56074673

You don't have 500k so that should make the decision a lot easier.

FAGGOT

>> No.56074790

Prices will not go down. Your best bet is to put it all in BTC, ETH or XRP and wait for a bullrun.

>> No.56074799

>>56074741
You're retarded and don't understand money at all

>> No.56074848

>>56074673
how will you make money in the mountains? what will you eat?

>> No.56074905

>>56074710
a meth trailer in NorCal

>> No.56074949

>>56074673
there is a strong likelihood of housing prices declining significantly in the next year as more housing comes on the market and rates do not decline
it may not decline, but there's no fucking way I'll ever buy a house that's more than double the price of three years ago. that kikery can go fuck itself.

>> No.56074952

>>56074719
i used to want a mountain house in california, but i came to the reality its only a matter of time before they allow it to burn to the ground

>> No.56074962
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56074962

>> No.56074999

>>56074949
Yeah, they went too high too fast. That means that if they don't go down prices will likely stagger for 10-15 years. No point in buying now unless you're pissing away too much on rent.

>> No.56075003

>>56074999
yes. this
also checked

>> No.56075008

>>56074952
Oh yeah, and the way insurance companies are seething right now, chances are they'll outright stop offering their services in risky areas.

>> No.56075360

Is there anywhere in the US that I could move with about 100k and not worry about getting shot? That is, a low crime rate per capita? I suppose even that isn't reliable considering cops barely do their jobs anyways.

>> No.56075375

>>56075360
Pick no more than two:
>Safe
>Economic opportunity
>Cheap housing

>> No.56075390

The boonies are worse than the city. They always say it's concentrated in the cities, but it isn't. It's always worse in the rural areas.

>> No.56075764

>>56074735
Perhaps. The housing market leverage isnt cute though

I also wanna get a house in cash if my crypto pumps some more the next 5-10 years