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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)

#1377
  • 、
  • 2020/10/26 (Mon) 09:34
  • Report

The stock price has tripled since 2012.
Stocks can be sold off as soon as they start to fall, but real estate is hard to sell once it starts to fall.

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)

#1378
  • だけど
  • 2020/10/26 (Mon) 11:28
  • Report

You can't do anything with your stock while you hold it, but you can live in your house.
And even if it goes down, if you hold on to it, it will go up in value again someday.
On the other hand, stocks may never come back.

If the price of the house goes down $100,000 or $200,000 in 3 or 4 years,
you will end up paying more each month if interest rates are higher.
No matter how high the price of the house is, those who were able to buy it with interest rates in the 2% range are super lucky.

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)

#1379
  • 仙人
  • 2020/10/28 (Wed) 10:42
  • Report

Stocks are like gambling, only done by a few institutional investors, the very rich,
not by the common man.
I am only in real estate.
If you bought a $500,000 house 10 years ago with a $100,000 down payment and it doubled in value
it would be 10 times the $100,000, minus the loan, and the value would increase over 6 times
and you would get your principal back, tax benefits, and
tax-free benefits if you live there for 2 years or more.

The Dow was around 12500 in 2012 and today it is around 26500, a little more than double the price
Not many people are going to buy stocks, but many are going to buy houses.
This is the safest investment for the average person.
The first house is the hardest, but there is a lot of information now, so it is easy to do.

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)

#1380
  • 、
  • 2020/10/28 (Wed) 10:55
  • Report

It's not risky or dangerous in the first place
because we're talking about the average U.S. stock price, which has more than tripled in index investing, which even the average person can easily do. Even if it goes down, if you hold it, the price will rise again sometime more.

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)

#1381
  • 、
  • 2020/10/28 (Wed) 11:05
  • Report

The Nasdaq is about 3,000 in 2012, but last month it was about 12,000, a fourfold increase.

If you buy a house and live in it, you can't try to sell it right away if some weirdo moves in next door.
A friend of mine who lives in Shoreline, PV is very stressed because a bad black guy moved in next door and he parties loud and late every week.

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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