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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)

#301
  • 行動力ゼロ
  • 2020/04/20 (Mon) 11:36
  • Report

Your savings will only diminish day by day in an inflationary country.
A house that could be bought for $300,000 ten years ago now costs over $600,000.
With the simultaneous printing of more paper money around the world, tax increases and hyperinflation will turn the people's savings into scrap paper.

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#303
  • 笑える
  • 2020/04/20 (Mon) 11:38
  • Report

Zako will be a poor defender for the rest of his life.

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#305
  • うん
  • 2020/04/20 (Mon) 11:55
  • Report

I think 301 is right. The value of cash is going down and real estate is going up. But if you are maxed out, you will have to let it go in the event of an emergency, and you will lose a lot of money. You should make sure that you have life insurance to pay for it in case of accidents or illness. For the sake of your remaining family members.

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#306
  • うん
  • 2020/04/20 (Mon) 11:57
  • Report

You're not Mr. Zako ？ You don't need a house in the US ？ If you're an expatriate. You don't even know where you'll be transferred to. I don't know about the real estate situation in Japan. Only in the U.S., real estate investment is very hard.

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#310
  • うん
  • 2020/04/20 (Mon) 12:24
  • Report

Expatriates don't buy houses in the US, do they?

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