Million dollar home

[Konebhar6]

Buy a house for your needs, with in budget and only if you can afford it. Current market, renting a house is a better option with high interest rates and high prices. 

A lot of people made good money in stocks, RSU's have grown in value, salary increases over last 5 yrs (esp if you switched jobs), husband & wife working, side hustle's, and that's how many can afford.

Peer pressure tho konte ... mostly face music when things get tougher..

 

[kevinUsa]

1 hour ago, Sonu_Patel said:

Texas lo Million dollar anedi chala common aeipoindi.. and newly married couples buying homes in 800K plus range.. In my opinion majority portion of the people buying have the good income and right planning to afford. 

however there are remaining portion of people who just buy with no financial discipline just to show off will could utterly go south when things shuffle like job change, lay offs, transfer to different city. 

Initial ga baney untadi.. but over the period of time with current interest rates.. kinda jaari potadi.

ATTA garu vallu oka 200k katnam icharu anukunta 

[SaradaChinnodu]

4 hours ago, tokkalogola said:

Min 5k sqft lekunte maa sangam lo membership ivvaru .. so nenu ekkada show mingali 😂😂

@tokkalogolaAnna adhi ey place oo cheppavante...janma lo atu vaipu choodanu..

[tokkalogola]

1 hour ago, Sonu_Patel said:

Texas lo Million dollar anedi chala common aeipoindi.. and newly married couples buying homes in 800K plus range.. In my opinion majority portion of the people buying have the good income and right planning to afford. 

however there are remaining portion of people who just buy with no financial discipline just to show off will could utterly go south when things shuffle like job change, lay offs, transfer to different city. 

Initial ga baney untadi.. but over the period of time with current interest rates.. kinda jaari potadi.

Antha lekka lekunda evaru kontaru bro

[usetime63]

4 hours ago, Vaaampire said:

Arey ayya ikkada bay area lo kondaru desi gallu 3-4m all cash petti kontunnaru. 

4m cash antey , ekkada nunchi vasthunayi man antha pisalu. 

[gnr]

When we bought home, thought 5 bed is too big home for us.. but after having 2 kids.., 2 bedrooms done, 1bed room for Pooja room 1 bedroom for guests and other bedroom Using for work area.. kitchen just enough.. so this home we are living is just enough for us.. each and every room is being used.. and the unfinished basement for storage and plants place for winter and for gym equipment..ours is 3800+sqft.. just enough for a family of 4

Our next house will be a million dollar one ( hopefully in a year or two)

[gnr]

15 minutes ago, tokkalogola said:

Antha lekka lekunda evaru kontaru bro

Exactly.. aa financial planning lenide mana Indians yedi invest cheyaru.. adi house aina yedina.. 

[Vaaampire]

11 minutes ago, usetime63 said:

4m cash antey , ekkada nunchi vasthunayi man antha pisalu. 

Nvda meta employees.  Meta employees ki recent gaa ichina rsu’s worth 3x in 6 months.

one of my cousin is real estate agent. One of her listings got 10+ offers for 3m home. 
 

bay area housing market different level. Everyone underestimated it

[pakeer_saab]

2 hours ago, Pavanonline said:

Affordability is must, but commenting without knowing someone's affordability is applying your finances on others. 

Naku telisina oka family always bought big houses. First in Cali, sold and bought in Seattle, sold and bought in Austin and each time made 500k profit. This is in span of 10 years. So moral of story is don't assume my way is the best way or assume someone is buying something they can't afford just because we can't.

commenting is based on people who cannot afford and yet buying on FOMO, those who can afford can and should always buy bigger homes.

[pakeer_saab]

24 minutes ago, gnr said:

Exactly.. aa financial planning lenide mana Indians yedi invest cheyaru.. adi house aina yedina.. 

most indians are planning based on wishful thinking that there will be lot of jobs and there wont be recession

2008 effect malli vaste ee sari indians ee 10gi poyedi

2015 ninchi Indians outlook changes with H4EAD, now spouse not working is abnormal and single pay checks are rare

irony is spouse income is not permanent and should not be counted towards mortgage for future economic safety, desis calculated this income as well and bought bigger homes, biggest flaw is desis think homes are once in a life time investment, its is not the case in US.. paying off smaller home is much worth than paying mortgage for 30 yrs with high interest

there were prime places where property values dropped 50% or more, last time texas did not see much drop in values, but this time it will be Texas to see effect

 

 

 

[gnr]

20 minutes ago, pakeer_saab said:

most indians are planning based on wishful thinking that there will be lot of jobs and there wont be recession

2008 effect malli vaste ee sari indians ee 10gi poyedi

2015 ninchi Indians outlook changes with H4EAD, now spouse not working is abnormal and single pay checks are rare

irony is spouse income is not permanent and should not be counted towards mortgage for future economic safety, desis calculated this income as well and bought bigger homes, biggest flaw is desis think homes are once in a life time investment, its is not the case in US.. paying off smaller home is much worth than paying mortgage for 30 yrs with high interest

there were prime places where property values dropped 50% or more, last time texas did not see much drop in values, but this time it will be Texas to see effect

 

 

 

Ponle bro recession vaste financial planning leni vallu effect avtaru...manam yenduku andaru inthalo ne konte safe inthalo konte effect avtaru anukotam.. 

Everyone has their own planning what to buy how much to spend where to invest how to earn and all..

Alaane ee place lo konte 50% losses ee place lo konte 100% profits .. no one can see the future or worth of something by just observation.. pettina prathi investment money raavu alane prathi di podu...  It all depends on our luck too..

 

Alaane newly married couple yemi andaru zero nunchi start chestaru ani yem ledu some bachelors start family life with some 100k( saying for example)savings too..

 

 

[newtoselenium]

On 7/14/2023 at 9:49 AM, perugu_vada said:

@newtoselenium uncle recent ga gruhapravesam ki pilisthe vellochi kada .. e comment chestunnaav ? 

Inka kaale uncle