You are already underwater

You are already underwater.

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No. It's different this time.

my condo could lose 50% of its value and I still wouldn't be underwater

Based owner-occupier. Remember, renting is equivalent to a loan with a 100% interest rate.

1 home = 1 home
not selling

>bought house for 270k in 2017
>zestimate says $600
>redfin says $550
>city i live in has grown magnificently and is unironically ushering in Google, Facebook, et al to the south
i may have lost a lot in crypto, but jesus christ is the roof over my head solid as shit

Is housing crashing?
My local market is still up

I'm never selling

You, on the other hand, are priced out forever.

Dumbass, the(((recession))) does not start until November 9th, 2022

What if I don't have the money to buy though

this

equity home loans are on the rise. Would be a shame if the market crashed and all those boomers lost their home buying a boat with a equity from their house.

I had coworkers who purchased homes in 2007. They were completely underwater until 2021.

Make more money or buy with friends/family

stay poor lmao simple as

Here's the question though.
How do I leverage the value in my home so I can put it to productive use now without paying interest to a jew banker and before it dips for the next I don't know how many years?

noooo my zestimate

nah...long way to go. you rent from me.

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>You are already underwater.
I don't have any mortgage debt and have (hangon
napkin calculation)
50000
1900000
28000x150=4200000
400000
That's eh 6.5 million in morage free property and I can't be bothered to do the forestry, its something like 300,000 but all that shit to do with thinning. I pay zero tax on it as I have tax credits via it. The essence of this OP is the rich get richer and fuck you because we have all the guns too.

Since when is having a %120 loan to asset value considered underwater.
> you will own nothing and you will be happy

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>talking about equity when you have to pay condo fees until the day you die
do condo dwellers really?

>talking about equity when you have to pay property taxes until the day you die
do home dwellers really?

I liek ze bugs

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>I pay zero tax on it as I have tax credits via it.
I get far more in agricultural grants and tax relief tan I pay in property taxes

just buy eth shitcoins and profit zoygoyzoombot

home value is primarily land value. you don't have a claim to the land your condo sits on. you're paying a mortgage on an cuckbox apartment, on top of paying rent (condo fees) on top of paying property tax (on land you don't even own.)

That great, maybe you can eat them with all the other vicious anti semetic north African brown people during your upcoming famine caused partially by your own support for Russia's invasion of Ukraine where your food comes from. Please remember out side of Russian spam pits like Any Forums people don;t hate jews in the west we are however one small incident away from nuking mecca and moscow

>home value is primarily land value. you don't have a claim to the land your condo sits on. you're paying a mortgage on an cuckbox apartment, on top of paying rent (condo fees) on top of paying property tax (on land you don't even own.)
I don't own 'condos' or 'apartments' I'm not fucking stupid. That garbage is a practical joke on immigrants

>trying to jew others by not using the jew system
What do you think this is