H1B and contract chestu enduku kontaru vaa $1M plus homes asala that too in Overhyped Dallaspuram

[greensboro]

33 minutes ago, former said:

Austin is new Bay Area and eventually the home prices match with SF and Bay Area.

The time line we are looking 5 to 10 Years.

not just austin. anni chotla home prices will reach sky high in 10 years. texas lo ippudu house kone vallu dont expect much returns as the prices are already inflated

[akkum_bakkum]

10 hours ago, csrcsr said:

Hmm scenario lo 100k loss kanna Husband chicago, wife sf ki shuttling is more sad ,hope they get jobs and work at same location iddaru working 100k jujubi valaki, 1mn ki elgibility with 2% property tax ante they made some money

Antha baane vundi kaani, nowhere in texas there is a 2% tax rate. In most new construction locations its between 3-3.5%, minimum for old locations is also 2.5%. Texas cheap antaru gani property tax kshavaram katte vaadike telusthundi. Aa vishayam accept cheydaniki ego oppukodanthe!

[Netflixmovieguz]

10 hours ago, sureshkonda said:

north texas housing market sfo lekka aythadi ani chala mandi waiting  

Annnaaaa texas next calif anneevvadeve. Iittllaayyavennddannaaa

[Gaali_Gottam_Govinda]

1 hour ago, former said:

Austin is new Bay Area and eventually the home prices match with SF and Bay Area.

The time line we are looking 5 to 10 Years.

 

[perugu_vada]

11 hours ago, sureshkonda said:

north texas housing market sfo lekka aythadi ani chala mandi waiting  

it will never happen .. reason being Texas lo state tax ledu ani kani .. property tax is high .. also remember, only tech lo chese vaallu can afford just hefty prices .. but oka city develop avvaali ante .. mixed crowd undaali .. low and average income group vaallu can not afford annapudu .. obvious ga development thaggi .. rates padathaay 

[quickgun_murugun]

11 hours ago, Gaali_Gottam_Govinda said:

Prosper TX..... My opposite neighbor (Telugu Tejam) recently bought home in May 2022 at market peak. This is his first home.

Before moving here..... For 5 years in SFO they (husband and wife) lived in Rented apartment.

Back then (May 2022) when I asked what was his reason for moving here.

He said 100% Remote work since covid and 3 of his friends also moved here and to Austin and due to rapid Home appreciation

My reaction 

$980K Selling price unte..... $1,075,000 ki overbid chesi konnadu.

I don't think the home prices in my neighbourhood are worth 850-900K now.

Last month ye remote work contract end ayyindi..... Now he is in Chicago for his new full on site work.

His Wife which she used to work for SFO company before moving here to Texas...... Remote work lepi Hybrid work ki laagaru. Now she has to stay 2 weeks in a month in SFO.

 

It looks like both are now doing jobs now just to pay the mortgage for this house that they don't live here full time. 

Lot of people will get into this situation. Evariko konna 6 months kay 200k perigindani egabadi temporary work convenience meeda permanent plans eskunnaro vallaki ekkuva impact padthadi this recession in 2023 lo. Already remote job and well settled has to suck it up and wait for the market recovery ! 
job kapadukovatam thappa ippudu edi high priority avvoddu ! 

[Mirzapur_kattappa]

India lo ippudu petrol kooda afford cheyaledu 

[Pavanonline]

11 hours ago, Mr Mirchi said:

Long run loss raadhani…. Or 2 million ayina… mogudu pellam thala oka dhikku ithe asunti life deniki ….. money is not life

 

okkosaari single job family ye happy ga vuntaremo

Rent ki isthe ipotundi, antha worry avvalsindi em ledu. Illu koni move ayye vallu Chala mandi untaru. Not a big deal.

[perugu_vada]

1 minute ago, Pavanonline said:

Rent ki isthe ipotundi, antha worry avvalsindi em ledu. Illu koni move ayye vallu Chala mandi untaru. Not a big deal.

1st time home buyers .. entho ishta padi konukkuni .. rent ki ivvataaniki antha ishta padathaaru anukonu .. illu paadu chestaru ani .. also 1M houses ki .. ochey rent ki .. pay chesey mortgage ki saripodhu .. 

[Pavanonline]

4 minutes ago, perugu_vada said:

1st time home buyers .. entho ishta padi konukkuni .. rent ki ivvataaniki antha ishta padathaaru anukonu .. illu paadu chestaru ani .. also 1M houses ki .. ochey rent ki .. pay chesey mortgage ki saripodhu .. 

Under the circumstances cheptunna Anna. Entha plan chesina life happens. Even if they were in bay area situation pedda different em kadu kada. Chicago vellalsinde. Ammatam loss anukunte rent ki ivvochu, even if that doesn't fully cover mortgage it won't be a big hit in expenses. Ma friends lone Chala mandi illu konnaka move avvalsi vachindi. Janalu anukunentha serious situation kadu. In fact ila alochinche I delayed buying house only to pay higher price when I bought one.

America lo illu padavatam peddaga em undadu. Wall ki bokka padda just minor repair. Agreement correct ga rayinchukunte everything will come from renters pocket or from their insurance.

ps: In general cheptunna, malli anecdotes cheppakandi.

[VakeelSab]

12 hours ago, Gaali_Gottam_Govinda said:

Prosper TX..... My opposite neighbor (Telugu Tejam) recently bought home in May 2022 at market peak. This is his first home.

Before moving here..... For 5 years in SFO they (husband and wife) lived in Rented apartment.

Back then (May 2022) when I asked what was his reason for moving here.

He said 100% Remote work since covid and 3 of his friends also moved here and to Austin and due to rapid Home appreciation

My reaction 

$980K Selling price unte..... $1,075,000 ki overbid chesi konnadu.

I don't think the home prices in my neighbourhood are worth 850-900K now.

Last month ye remote work contract end ayyindi..... Now he is in Chicago for his new full on site work.

His Wife which she used to work for SFO company before moving here to Texas...... Remote work lepi Hybrid work ki laagaru. Now she has to stay 2 weeks in a month in SFO.

 

It looks like both are now doing jobs now just to pay the mortgage for this house that they don't live here full time. 

poor thinking and they will pay for the price. 

[Manishican]

Until job market fasak, nothing will change 

[capitalist]

3 hours ago, former said:

Austin is new Bay Area and eventually the home prices match with SF and Bay Area.

The time line we are looking 5 to 10 Years.

No way, Jobs that are being created/migrated are not as high paying nor that super high high skilled as Bay Area.

when setting up teams in Dallas/Austin/DC area/Miami most of the firms are looking not for teams/skill set on par with Bay area nor NYC. But i guess Austin is better of the bunch.

 

Most of the jobs are still far from main revenue generating(ln case of banks) or next big thing(in case of tech) teams unlike Bay Area or NYC.

[Netflixmovieguz]

13 hours ago, veerigadu said:

Thanks to Musk mawa. He started this crap and Apple added fuel to the fire.  

Otherway bro. Appple cummed and musk mawaaa pumped

[cameraman]

Ma office

lo oka athanu book chesaru Frisco lo illu , 1.3M. 

office lo layoffs unte thana peru untundhi emo ani 2 weeks tension padaru athanu and valla wife baga, lucky ga  he is safe for now. 

 

He and his wife are in medium level positions, wonder how they are planning to do monthly payments. It will be super stretch for sure.