Last weekend hang out topic with friends

[Coconut]

if he is rich and have good family support and privacy..he can go back 

In America there is only one Trump… in India your neighbor, relative and office colleague is Trump… in my view immigration is least problem. Your friend will feel pain in the a$$ to raise kids in India. He will stuck in that matrix. I will never tell anyone to go back 

[akkum_bakkum]

26 minutes ago, kevinUsa said:

Anna nee Brampton house sold aa

Already solded va last yr....renewal ki 3 times adigadu merciless, ruthless, croocked cibc.

[kevinUsa]

44 minutes ago, akkum_bakkum said:

Already solded va last yr....renewal ki 3 times adigadu merciless, ruthless, croocked cibc.

loss or profit??

[Spartan]

250K equity house appreciation lo da..

or his other savings.?

house meedavi ante.... 250 nunchi chetiki vachesariki 150k aitadi ante.. 

[SaradaChinnodu]

7 minutes ago, Spartan said:

250K equity house appreciation lo da..

or his other savings.?

house meedavi ante.... 250 nunchi chetiki vachesariki 150k aitadi ante.. 

mari anta difference undadhu bro...maha Aithey oka 40-45K pothundi commisions ki adi house sale price ni batti.

[SaradaChinnodu]

2 hours ago, DonnyStrumpet said:

One guy in my group is planning to put his house in the market already. He is sitting on 250k equity. His PD is in 2018. He doesn’t expect to last here in USA. He wants to be proactive before shitttt really hits the wall for everyone.  He said in the worst case he can always buy a house in the future when things settle down.
 

All other friends disagreed with him. We just want to wait and see. May be he is over reacting? 
 

What’s your take on this situation? 

It isnt clear if your Frnd wants to sell the house and rent out or willing to move back to India? 

If it's later, obviously wise decision. If he continues to live in US and rent then that won't be bad idea if he plan on investing the profits wisely.

[Spartan]

19 minutes ago, SaradaChinnodu said:

mari anta difference undadhu bro...maha Aithey oka 40-45K pothundi commisions ki adi house sale price ni batti.

including taxes and other things... 100K potai CA lo aite.. minimum for a 1M house

[Hitman]

11 minutes ago, Spartan said:

including taxes and other things... 100K potai CA lo aite.. minimum for a 1M house

What Taxes? 

[Spartan]

1 minute ago, Hitman said:

What Taxes? 

exit criteria untadi...taxes ki...how much and when u can exempt that profile on home sale..

nenu cheppina numbers worst case scenario (even then 50K futt aitai).

[akkum_bakkum]

52 minutes ago, kevinUsa said:

loss or profit??

ofcourse profit. bought in 2020...

[futureofandhra]

2 hours ago, akkum_bakkum said:

I see house in US as a long term rental property with mortgager being the pseudo landlord. Attaching to a home these days is becoming an outdated emotion. Your frnd may be smart enough to realize the freedom in case things go south. Nothing wrong in his approach.

Short term rentals are being stopped in certain neighborhoods also 

So if one is leaving better to sell

[Thokkalee]

2 hours ago, DonnyStrumpet said:

One guy in my group is planning to put his house in the market already. He is sitting on 250k equity. His PD is in 2018. He doesn’t expect to last here in USA. He wants to be proactive before shitttt really hits the wall for everyone.  He said in the worst case he can always buy a house in the future when things settle down.
 

All other friends disagreed with him. We just want to wait and see. May be he is over reacting? 
 

What’s your take on this situation? 

Is he planning on selling his house bcoz he is leaving to India now? Or he plans to go in the future bcoz of supposedly diminished opportunities?? 

he is stupid if it is the latter.. unless he has a good plan to reinvest his gains

[akkum_bakkum]

10 minutes ago, futureofandhra said:

Short term rentals are being stopped in certain neighborhoods also 

So if one is leaving better to sell

Nenemantunna nuvvemannav? wat ya...long term rental anagane short term ki poyinav.

[kevinUsa]

29 minutes ago, akkum_bakkum said:

Nenemantunna nuvvemannav? wat ya...long term rental anagane short term ki poyinav.

So I know a family who purchased house for 1.9 MN in 2020 now house is worth only 1.5 

[dreamchaser]

3 hours ago, Sam480 said:

Can't time the market. If Interest rates go below 5%, prices will go up slightly or stay stable

I think there are high chances that the interest rate will be around 5-5.5% by end of next year

wake up bro.already new build lenders are giving 4-4.5% interest rate.No one is buying.affordability is the problem.home prices went up a lot but not salaries.Home prices will crash in many areas for sure in near future