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posted ago by SpaceForceZulu ago by SpaceForceZulu +270 / -0

When I purchased my house 10 years ago, getting beat by cash deals at or above asking price was COMMON, and it still is today.

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Sumarongi 0 points ago +1 / -1

People have to stop worrying about the price of their house. You agreed to buy it for that price and pay the mortgage. If you can’t afford it then fuck you for being an idiot

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SpaceForceZulu [S] 1 point ago +1 / -0

Do you understand how capital investments work? It's not about affording it, it's about retaining value in a non-depreciating asset. Learn more about economics before you run your mouth pede.

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Sumarongi 1 point ago +1 / -0

I dont know any investment where the investor is 100% guaranteed from a loss, yet homeowners think they somehow they should be, and if they are not then the government should somehow bail them out. Like seriously fuck them. Anybody with a brain can see how ridiculously unsustainable, pricing in the housing market is.

If you really think house prices are going to crash, because the Chicoms will be forced to pull out, THEN YOU SHOULD SELL just like any good investor would. But instead you are looking to government like crying to mommy