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Topic

Real estate prices, starting to rise again ？.

Housing
#1
  • 賃貸貧乏
  • mail
  • 2020/02/21 10:50

I've been saving for a down payment for a few years to buy a house in Torrance or thereabouts.

Last year, real estate prices seemed to have leveled off a bit, so I was wondering if they would go down this year, but I've been looking at SOLD prices for the past few months and they seem to be higher than before.
And when they go on sale, they are PENDING a week later.
Maybe it will still go up?

Even if I hoard downpayments, the price goes up and I can't buy it after all~.
More and more I can only buy in remote areas ~ （ Tears ）.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1550
  • 今でしょ
  • 2020/12/10 (Thu) 05:52
  • Report

Mr. Ignorant, do you mean Equity ？ Sorry, I didn't understand. 15 years is 30 years away, that's a long way. The cousin I mentioned above had a big family dispute over whether or not to use Equity. Everyone was against it except my cousin, and I think the reason was that the interest rate would go up. My cousin wanted to use the money to remodel the kitchen and bath, and the family told her to save up and remodel.

Mr. Investor, is now a good time to buy a house for those who want to buy a house not for investment purposes but because it would be a waste if it were an apartment for them to live in ？ It's not that simple.

From a layman's point of view, I think it is simply better to buy a house when it is cheap. A friend of mine bought a house for $ 260K about 10 years ago and now ＄ it's about 500K and he wants to sell it now. I didn't ask him directly, but it's amazing because it's harder to save ＄ 250k in 10 years.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1551
  • 投資家
  • 2020/12/10 (Thu) 07:58
  • Report

You can't overthink it, but you can't buy it.
If I could buy it, I would buy it right now. You can always upsize or downsize after 2 years, and I don't think you need to buy a house with the intention of living in it forever. Real estate in the U.S. is different from that in Japan, and you should be aware of the high taxes if you sell your house within two years.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1552
  • 物件
  • 2020/12/10 (Thu) 15:43
  • Report

If you buy a house, townhouse, or condo compared to living in an apartment, your monthly expenses will be $1,000 different.
If you put that extra $1,000 into investments, you'll make at least 20% profit per year. If you continue that for 30 years, how much would you get ？ ？

The property is already overpriced. The price will not go up that much.
In other words, buying a property is like having a diminishing savings account

my friend's agent told me. He told me not to buy now.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#1553
  • 昭和のおとっつぁん
  • 2020/12/10 (Thu) 16:12
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↑ A 20% annual return is impossible for an amateur.
You are so random.

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#1554
  • 投資家
  • 2020/12/10 (Thu) 16:30
  • Report

1552
> I'm sure your monthly expenses will be $1,000 different if you buy a house, townhouse, or condo compared to living in an apartment.


Um …
You shouldn't say too many random things. People who believe this kind of wrong information and are trying to buy a house positively will get lost and waste their time.

Saying that an apartment is better than a house is something that people who have no knowledge of investment say.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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