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  1. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    tbh kind of an awesome deal https://www.azitalianproperties.co.uk/properties-for-sale-italy/entire-village-lunigiana-tuscany/entire-village-tuscany/for-sale/italy?fbclid=IwY2xjawFW5vNleHRuA2FlbQIxMAABHd73uVUhwnOSJotC7SHA9VSu2HReB2KJrW3HUGqq9XG011iCeE7kR3UjeQ_aem_00MIzpY0kiLbyxPYWZpzoA just...
  2. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    interesting, annoyingly paywalled. found this article: https://www.dailymail.co.uk/news/article-13842905/rich-millennials-fleeing-california-new-york-sunny-states.html Southern states attracted by far the most millennial households who earn $200,000 or more - the IRS definition for...
  3. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    not captured in the inflow/outflow is the wealth/size of houses being left or sought
  4. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    tangentially related my new youtube shorts recommendations are including cutesy japanese showings of odd japanese properties https://www.youtube.com/shorts/OXn5D0YxhRg https://www.youtube.com/shorts/rpaMH1f0wW4 https://www.youtube.com/shorts/0Iv2K7cmytk https://www.youtube.com/shorts/ybA5SvW6FXk
  5. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    i'm confused, was the first a recommendation at a lower price and you clicked on it and it took you to the latter?
  6. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    if prices stay like this i will end up buying a thai mansion because it would be silly not to
  7. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    wow awesome! that's a nice looking house. do you have more than 1 kid? did you stay the same or downsize? curious how you view space after living in 3800 sq ft of it.
  8. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    what's the price to rent a house like you'd want vs. buy it? i suppose with kids and school districts and wanting to stay put a while the buying is still worth it unless the rent discount is substantial.
  9. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    i don't envy anyone trying to buy a house in the US right now, especially if they have outgrown their own and is falling in more of a need than want territory. not sure what i would actually do myself if i moved back to the US right now. for now i just visit and stay with mommy and daddy
  10. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    i am impressed that they were able to scrap up 110k as a down payment in the first place, although i'll also assume that was not a result of savings and investment.
  11. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    this seems like a new FRED series, existing home sales here's new homes all homes Q4 2022 peak. median income all sales divided by median income; missing some data but 2000 to 2022 january now some more confusing charts; i don't understand these. eg. eg. people's debt has gone...
  12. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    i'm surprised prices have been as resilient as they have. it's not like there haven't been rental properties in the past at these rates though, at the end of the day you just need to be cash flow positive. i only really looked at buying a property for investment once, and at the end of the day...
  13. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    i just spent the last hour analyzing how long i would have to live in the ritz carlton in kuala lumpur to complete earning lifetime platinum status on marriott 😅 and how i could do it for even much less at this boutique hotel https://www.stripeskl.com/ and it's comically affordable compared to...
  14. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    in case you're curious - 239k in thailand 450k around the same price are these new developments i think on my island. i'll assume this post comes through: i actually really like these and if i was a bit more spendy and loose maybe i'd pull the trigger. could potentially come with easy...
  15. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    with so much new construction and higher rates, i'd expect plenty of downward pressure upcoming on prices new homes still being gobbled up
  16. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    there's a guy at the breakfast place i frequent who bought a house from some drug dealer from somewhere. i think the guy bought it unfinished or just finished, said it looks like a drug dealer's compound though. no 15 car garage i'm sure however. i'm curious to see it as i'm sure it's in the...
  17. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    dunno what's available now, lazy google i didn't find any, but a good chart would be median home price divided by median income
  18. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    this is any job with commissioned sales. i don't know how many realtors get base salaries vs. pure commission, but in the latter it's typically more commission for that assumption of risk as well. i'm back in tech sales and can work on something for months that leads to no sale or commission...
  19. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    my brotato dirtbikes with some dude who owns a larger agency or something like that. he made it sound like you could pick up some cash even just doing it casually as he said many of the agents seemed simply lazy. i wouldn't worry about the saturation if it's a low barrier to entry market but...
  20. sickmint79

    Better Homes OFFICIAL real estate bs discussion

    what you want to own right now is property (real estate or otherwise) that in 10 years you can reliably expect to minimally meet inflation, if not exceed it. i would argue one of the best things to score would be nice properties now, in part because the inflation should also eat away the debt...
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