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Quick Navigation Bottom Misc
Forum » What happens to all the mortgagecels of the misc when their homes drop -60% by 2024?
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Thread: What happens to all the mortgagecels of the misc when their homes drop -60% by 2024?

post 1668413123 09-24-2022, 06:10 PM
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#1
  1. SimplyFlacid
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What happens to all the mortgagecels of the misc when their homes drop -60% by 2024?

Rentcels jumping for joy now

Mortgagecels on suicide watch now

taking screenshots now of all the cocky Mortgagecels here posting thinking their house will go up 10k+ in value a month forever

Will crash atleast -50% next year or the next

Lol @ you
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post 1668413243 09-24-2022, 06:13 PM
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#2
  1. HateLiberals
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Bought my house in 2011 it's up almost 400% refinanced to 2.95% I'm very scared op
post 1668413253 09-24-2022, 06:14 PM
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#3
  1. miscallday12
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post 1668413323 09-24-2022, 06:15 PM
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#4
  1. SimplyFlacid
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Originally Posted By HateLiberals⏩
Bought my house in 2011 it's up almost 400% refinanced to 2.95% I'm very scared op
Screenshotted will come back to this in 2 years

It will most likely be sold to a rentcel by then for Pennie’s on the dollar
Anti-Cuck crew
Finally get a match on tinder but its the "Tinder" account crew
Jason Genova crew
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post 1668413453 09-24-2022, 06:18 PM
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#5
  1. pengh
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I will still be up 80k (without thinking about taxes n sht the gov steals from us) if that happens. Bought for 140 in 2010...... 430k now

Misc math... not sure if that's correct
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post 1668413543 09-24-2022, 06:20 PM
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#6
  1. JT11RTR
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I bought in 2014 and it is now worth 2.5 times what I paid for it. I had a big down payment and my mortgage including property taxes and insurance is $900 a month. I'll be fine no matter what the market does.
"
post 1668413553 09-24-2022, 06:20 PM
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#7
  1. ezmac31
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Is someone forcing all home owners to sell during the dip? I’m not following
post 1668414433 09-24-2022, 06:49 PM
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#8
  1. MuscleXtreme
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I’ve been saying 30-40% drop by Q3 2023.
post 1668414463 09-24-2022, 06:49 PM
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#9
  1. MuscleXtreme
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Originally Posted By ezmac31⏩
Is someone forcing all home owners to sell during the dip? I’m not following
They better hope they didn’t take out HELOCs…
post 1668414563 09-24-2022, 06:53 PM
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#10
  1. suave2000
  1. suave2000
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I designed and built my own house like a real man is supposed to.

Lol @ the concept of mortgage. I owe nothing to nobody and if you do you're a fuken cuk pleb.

Lmao @ plebcucks
post 1668414633 09-24-2022, 06:54 PM
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#11
  1. suave2000
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Originally Posted By miscallday12⏩

Wtf u fuken cuck coksucker cuk piece of xhit u drink cum u fuker cuck fuk fuk u fuk u fuk
post 1668414683 09-24-2022, 06:56 PM
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#12
  1. JUSA
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Bought house in 2011, sold it in 2022 for over double what I'd paid for it.

Bought new house, put 100K into it fixing it up, got almost an acre and a great house. If/when it's price drops, oh well, I made bank already. Better to lose value with my new house than have lost all the gains I'd made.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.

- Arthur Schopenhauer
post 1668415003 09-24-2022, 07:09 PM
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  1. TomPaine
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Rentcels didn't seem to understand the basic concepts of math ... Probably why they rent.

My 7 year old house is probably double what I paid for it, with a cheap rate and mortgage. If the value goes down for a bit, who cares?

When I sell, it will probably be 3x what I paid. If not, I'll just buy another house (in a down market) and rent this one for profit.

How do I lose in any situation?
post 1668415333 09-24-2022, 07:20 PM
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#14
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Says a lot when poorcels only hope is rich people become less rich so they can feel comparatively less poor

Lmao do better, faaggots

Don’t forget rent is due next week, and the tip is no longer discretionary
post 1668415373 09-24-2022, 07:21 PM
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#15
  1. Omnivium
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If it dropped 50% (probably won't) then I would still break even. Meanwhile rentcels take a guaranteed loss every month forever
post 1668415483 09-24-2022, 07:24 PM
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#16
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Originally Posted By HateLiberals⏩
Bought my house in 2011 it's up almost 400% refinanced to 2.95% I'm very scared op
Where the fuk do you live?

The glory hole in the men’s bathroom doesn’t count.
I'm not here for rage. I'm here for revenge!
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post 1668415503 09-24-2022, 07:26 PM
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#17
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Originally Posted By miscallday12⏩

dont even kjnow how to get the rope into these positions

wow neevr new knots cood get so complicated
post 1668415553 09-24-2022, 07:28 PM
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#18
  1. PrisonWallet
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Sorry, Rentcels. Once a mortgage is paid off, and real estate drops, it's a great time to purchase more houses so Rentcel peasants can pay them off... Jimmies rustled?
post 1668416433 09-24-2022, 07:57 PM
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#19
  1. radrd
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It really doesn't matter unless I'm looking to sell. I'm not. On the other hand, I'll actually benefit because property taxes based on the assessed value of my home will decrease. Sorry rentcel, you lose again.
post 1668416493 09-24-2022, 07:59 PM
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#20
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Rents due soon bud
post 1668416523 09-24-2022, 08:00 PM
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#21
  1. frozennorth
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If it dropped that much I’d still have profit.

Plus I have a place to live
Manchester United
post 1668416583 09-24-2022, 08:02 PM
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#22
  1. GreenWave1
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Bought in '02. Will be paid off in 3.5 years. lol at you.
Jesus is my lifting partner.
post 1668416753 09-24-2022, 08:07 PM
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#23
  1. Pterodactyl314
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Who remembers when op made a gofundme because he couldn’t make rent due to his crypto gambling.
See you tomorrow
post 1668417343 09-24-2022, 08:33 PM
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#24
  1. miscallday12
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Originally Posted By suave2000⏩
Wtf u fuken cuck coksucker cuk piece of xhit u drink cum u fuker cuck fuk fuk u fuk u fuk
stfu and have ur mom clean my bathroom
post 1668417763 09-24-2022, 08:53 PM
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#25
  1. r32gojirra
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Originally Posted By Pterodactyl314⏩
Who remembers when op made a gofundme because he couldn’t make rent due to his crypto gambling.
TIL “gofundme” = suckin dicks under the freeway overpass to make rent

I think he also had to Uber/door dash as well

Sucks to be OP

Literally
post 1668418473 09-24-2022, 09:25 PM
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#26
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Originally Posted By Omnivium⏩
If it dropped 50% (probably won't) then I would still break even. Meanwhile rentcels take a guaranteed loss every month forever
100% this
Always Neg Back Crew.
post 1668418823 09-24-2022, 09:39 PM
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#27
  1. BigDeeps01
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50% drop lmao

this absolutely will not happen

If it did, I would just wait til it goes back up, fixed rate mortgage

If I had to, I'd rent it for $800 more than my monthly payment if I needed to relocate

Just lol
post 1668419063 09-24-2022, 09:52 PM
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#28
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Everything else, 50-200% increase

Housing 50% drop





You fgts realize it will stay the same but work like a drop due to everything else going up. Cost of new build is through the roof and supply / demand ratio isn’t exactly fuked. It’s like you guys can only think about one thing at a time.

I’m talking about inflation if ding dongs couldn’t figure out why housing won’t go down in actual price.
post 1668419433 09-24-2022, 10:10 PM
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#29
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Originally Posted By SimplyFlacid⏩
Rentcels jumping for joy now

Mortgagecels on suicide watch now

taking screenshots now of all the cocky Mortgagecels here posting thinking their house will go up 10k+ in value a month forever

Will crash atleast -50% next year or the next

Lol @ you
If they drop 50%, shattering the all time price drop record I may be slightly under water.

40% and I’ll be back where I started. Works for me
post 1668423023 09-25-2022, 01:56 AM
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#30
  1. IlChosenOne
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I would definitely buy one or two more properties in such a scenario
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