3 ms·
Yeah, it sucks when you’re an investor and you have to sell your investment at a loss. Anyway. (Also… are prices tanking in Austin? If so, first I’ve heard of
by nocoiner 3y ago
Yeah, it sucks when you’re an investor and you have to sell your investment at a loss. Anyway.
(Also… are prices tanking in Austin? If so, first I’ve heard of it. Sounds more like the investment was already a stretch for them, and when it couldn’t flow cash in exactly the way they wanted expected, it was game over.)
- SOLAR_FIELDS 3y agoI wouldn't call it tanking, but I bought my house here in 2017 and it was worth double what I paid circa late 2021 to 2022. Now it's 'only' worth 60% more. I can imagine if you were unlucky buying a house in 2021-2022 you would be a bit underwater, but it's more like the hype cycle finally diminished when interest rates cooled late last year.