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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)

#1606
  • 決意
  • 2021/02/27 (Sat) 01:01
  • Report

In my case, I thought about buying a house in the South Bay with a certain amount of down payment, but I was worried about a 30-year mortgage when I was in my 50's.
If I bought a small condo, I wondered how much it would be worth in 30 years.
I bought a house in my hometown with a lump sum of cash.
It is not in the city, but there are malls, convenience stores, and supermarkets nearby, so it is a very convenient area.
Property tax and fire insurance total about 120,000 yen a year.
I put a down payment on real estate in the US and am glad I didn't because a 30 year mortgage is really dangerous
Japan is a nice country with good food and peace~ ＾ ＾ V
I hope this helps m-. -m

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)

#1607
  • 確かに
  • 2021/02/27 (Sat) 06:59
  • Report

↑ You can only buy a house in Japan if you only have that asset when you get to 50.

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#1608
  • 確かに
  • 2021/02/27 (Sat) 07:06
  • Report

Our first house quadrupled in 35 years, the second doubled in 20 years and 1.25 times in 5 years. Japanese real estate doesn't go up when you buy it, so a townhouse in the center of the city can be. I am afraid to buy a house in the countryside in Japan, where the birthrate is declining, because it would lose value.

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#1609
  • _
  • 2021/02/27 (Sat) 07:33
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＞ I'm in my 50's and worried about a 30 year loan,

but I'm not going to heaven to collect on my debt when I die.

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)

#1611
  • 昭和のおとっつぁん
  • 2021/02/27 (Sat) 09:32
  • Report

＃ 1606 Resolution Thank you for announcing your decision.　I wish you a peaceful life.

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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