3 of my common Friends housewarming this week - Do not believe Sonu PP

[kakatiya]

13 hours ago, meandhrakurradu said:

But ala ani life antha rental lo undalem ga, you have to buy something eventually. If sfh is too much, atleast a townhome. 
home also has your family memories, there is no price to it

Yes you have to buy eventually. 

Now there are 860000 homes in the market for sale..in 1993 there were 1.6 million new homes..30 years ago..

Inventory shortage is too high ..interests rates are high..sellers market now..

So you are purchasing a home double it's costs now..if construction resumes to normal pace..your home value drops to half and equity raadu

[aimodel]

9 hours ago, tables said:

Also, don’t expect that your salaries will grow exponentially.

i think majority of the salaries will get capped around 200k unless you are in Bay Area or NYC.

yes baa also in Dallas 3-6 experience unna vallu 150K fte salaries unnaye

[meandhrakurradu]

4 hours ago, kakatiya said:

Yes you have to buy eventually. 

Now there are 860000 homes in the market for sale..in 1993 there were 1.6 million new homes..30 years ago..

Inventory shortage is too high ..interests rates are high..sellers market now..

So you are purchasing a home double it's costs now..if construction resumes to normal pace..your home value drops to half and equity raadu

Correct but last 3-4 yrs nunchi waiting and future also does not look good. Home prices will not go back to precovid era, so if you buy and hold it will be positive in the end. Wait cheyyagaligite fine but young kids unte, life cant wait. 

[kakatiya]

4 hours ago, meandhrakurradu said:

Correct but last 3-4 yrs nunchi waiting and future also does not look good. Home prices will not go back to precovid era, so if you buy and hold it will be positive in the end. Wait cheyyagaligite fine but young kids unte, life cant wait. 

It is nolonger about price..it is about buying new homes with required upgrades..even with inflated prices they r not providing the buyer the upgrades and features they need..they are asking buyers to upgrade on their own..which costs another 100k..absolute joke

[meandhrakurradu]

20 hours ago, kakatiya said:

It is nolonger about price..it is about buying new homes with required upgrades..even with inflated prices they r not providing the buyer the upgrades and features they need..they are asking buyers to upgrade on their own..which costs another 100k..absolute joke

Agree bro but market is like that. People are buying irrespective of anything. 
Every decent house has 100’s of saves in zillow within a day. 

[aimodel]

7 minutes ago, meandhrakurradu said:

Agree bro but market is like that. People are buying irrespective of anything. 
Every decent house has 100’s of saves in zillow within a day. 

if in  good school district then in contingent

[kakatiya]

44 minutes ago, meandhrakurradu said:

Agree bro but market is like that. People are buying irrespective of anything. 
Every decent house has 100’s of saves in zillow within a day. 

That's because market demand.. 

[JanasenaKiMusti]

On 2/13/2024 at 2:39 PM, aimodel said:

3 of my common Friends housewarming this week 2 in dallas suburbs 1 in Virginia (not northern) .

1 guy's wife started working last April. (She does not have a degree either, learning from youtube videos)

House equity, recession , interest rate ,  kids day care, h1b extension ita sollu chepukoni pothey last ki same apartment lo raoches kill cheyadaniki yedhi better ani threads yesukovali. 

I am not saying to buy the house but people are somehow making it happen. 

Do not believe what you hear, please do some research. and proceed. Do not take sonu words serious , try to explore options .

If you are against home ownership it is ok atleast invest in stocks or lands in India. 

Out of the 3 guys no is super talented all are doing normal good jobs. 

 

 

GP @Sonu_Patel gadu oka erri crying girl