4 ms·
A sibling bought a tract home in Sacramento right before bubble popped in 2006, and it did not get back over purchase price until 2020 or 2021.
by gedy 4y ago
A sibling bought a tract home in Sacramento right before bubble popped in 2006, and it did not get back over purchase price until 2020 or 2021.
- anotherhue 4y agoWhat was the break even point when you factor in the rent they were no longer paying?
- UncleEntity 4y agoIronically[0], my sister’s house was rented out for less than the mortgage payment for a few years after sitting empty for a couple years before that because she’s a slacker. Paying rent (because they moved out of the state for school/job) and a mortgage for a house you can’t sell had to suck pretty bad methinks. [0] perhaps according to Alanis Morissette‘s definition of irony.