New Home Owners with High Interest rates - Walk out

[Konebhar6]

2 hours ago, Sonu_Patel said:

This is just starting anna.. it will get worse.. over to @Konebhar6

The job market is the key. It does not look good and overall economy does not look good. 

I hope it works out for people who bought at the top.

[jpismahatma]

1 hour ago, Konebhar6 said:

The job market is the key. It does not look good and overall economy does not look good. 

I hope it works out for people who bought at the top.

200 k opts. Add them to equation 

[Paamu]

1 hour ago, Konebhar6 said:

The job market is the key. It does not look good and overall economy does not look good. 

I hope it works out for people who bought at the top.

Recent grads opt cpt vallu job lekuna undi ani Mestri nundi letters — so avvi numbe of jobs ki count avthadaa ?

[Paamu]

4 hours ago, Sonu_Patel said:

2008 lo people literally walked out of homes with out paying mortgages.

ee sari walk out parampara lo mana telugu teejalu line kadatharu... 

If they have to relocate and unable to sell or rent or not afford mortgage payment. 

I know lot of people bought with mindset of prices will go up and up always.. but now only price reductions. 

Ya then they all come to your restaurant and eat eat eat , no pay bill and walkout…. Nuvvu kooda careful undu. 

[Android_Halwa]

3 hours ago, ManchamKodi said:

2008 lo down payment ledu anukuntta anna . vadilesi vellipoyaru

Home values dipped so much so that owners owed more to the bank than the house is worth…500k home ki 300K valuation padipothe evadu kadtadu ? And back then, credit score and report were not so significant so even if you defaulted did not hadmuch effect on their credit…

[Khali_ista]

@VanceChilukuri

[Sonu_Patel]

1 hour ago, Paamu said:

Ya then they all come to your restaurant and eat eat eat , no pay bill and walkout…. Nuvvu kooda careful undu. 

asha dosha appadam vada..... first bill payment chesinakey food delivery anna. 

chai kuda reciept chupisthey ney isthaam.. 

 

[Sonu_Patel]

1 hour ago, Android_Halwa said:

Home values dipped so much so that owners owed more to the bank than the house is worth…500k home ki 300K valuation padipothe evadu kadtadu ? And back then, credit score and report were not so significant so even if you defaulted did not hadmuch effect on their credit…

same things happen anna.. its a cycle. 

[Android_Halwa]

Just now, Sonu_Patel said:

same things happen anna.. its a cycle. 

Inko 10 years grow avalante dip ravalsinde..

[Sonu_Patel]

11 hours ago, Android_Halwa said:

Inko 10 years grow avalante dip ravalsinde..

my friend trying to sell from last 5 months anna.. he moved to a different location because of schools and bought another house. 

now he is unable to sell and paying mortgage at 2 homes.. 

complaining not even a single offer as of today morning @ManchamKodi

[Pandubabu]

17 hours ago, Sonu_Patel said:

2008 lo people literally walked out of homes with out paying mortgages.

ee sari walk out parampara lo mana telugu teejalu line kadatharu... 

If they have to relocate and unable to sell or rent or not afford mortgage payment. 

I know lot of people bought with mindset of prices will go up and up always.. but now only price reductions. 

lot of people who saved the money for 20 years are buying uncle , don't worry 90 percent of them are good .

[Alientech321]

17 hours ago, Hitman said:

2008 <> 2024

2008 debt 10T , 2024 debt 36T - in other words - a whopping 250% money got created. Too big to fail. But IF IF IF the cracks yield to burst.. which they dont let it happen... the only thing they would do is... print more money, make rich richer, poor poorer - create gotham cities everywhere.. (hoping..)

Bro, some of the 100 richest families control the entire money supply of the USA. They control the stock market, bond market, Fed, Treasury market and anything related to money. It’s never going to happen as people assume.

All this nonsense about the housing market collapsing and the stock market crashing is just bullshit talk.

If the elites want a crash to occur, it will happen; if they don't, it won't.

2008 crash was planned, Research who benefitted from it. (All Major Investment companies).

 

They will always create Demand for $USD, Example cryptocurrencies.  

 

 

 

[ManchamKodi]

17 minutes ago, Alientech321 said:

Bro, some of the 100 richest families control the entire money supply of the USA. They control the stock market, bond market, Fed, Treasury market and anything related to money. It’s never going to happen as people assume.

All this nonsense about the housing market collapsing and the stock market crashing is just bullshit talk.

If the elites want a crash to occur, it will happen; if they don't, it won't.

2008 crash was planned, Research who benefitted from it. (All Major Investment companies).

 

They will always create Demand for $USD, Example cryptocurrencies.  

 

 

 

are you a new home owner in 2021-2024 ?

[Sonu_Patel]

1 hour ago, Pandubabu said:

lot of people who saved the money for 20 years are buying uncle , don't worry 90 percent of them are good .

on the other side, there are 3.5% down payment home buyers who are ready with bags. 

[bankris]

20 hours ago, usetime63 said:

Understand that this is just temporary, next year mid lo come back and say the same thing.

House prices don't go up just like in India. Just understand land is not limited in USA..if prices go up in a region, real estate developers keep exxpanding the housing inventory.. People will not buy old houses when they get priced equal to new houses. It's a game. Don't compare real estate in India and USA and keep thinking prices will go up in future. 

Pandemic times were anomalies.