Using some first time home buyer incentives about a decade ago, I was able to buy a house on my own. I had to pay mortgage insurance, but it still wasn’t too bad. Cheaper than renting a two bedroom apartment. Five or six years later, my city keeps popping up on Most Affordable Cities lists and the real estate turns into a feeding frenzy.
When the market was at its peak, I listed my house for sale for about 70% more than I paid for it. I had an offer for it at 10k over asking and they’d buy the house sight-unseen within three days of it hitting the market.
Now, this was clearly a buyer’s market so you’d think selling was easy but buying would be a nightmare right? Well, you’d be right and it took 10 months of living with my parents and a shit ton of getting outbid on houses, but I was able to get into a slightly bigger house by putting half of the value down at closing for a house that was brand new, on a bigger lot of land and closer to my family, and I was able to pay off my car loan, resulting in lower monthly payments overall for a house much better suited to my lifestyle. Since moving in two years ago, it’s already appreciated another 15%, not that I’m moving out any time soon!
crypto or crypto algorithms.
“nobody needs to work to make crypto work”
however bitcoin will need to die for it to be a perfectly flawless practice. and it will generally never teach/encourage altruistic values or inspire productivity.
bitcoin will slowly lose ground over time… but perhaps never die. if btc died , suddenly, it would be bloody.
Unintentionally playing the housing market.
Using some first time home buyer incentives about a decade ago, I was able to buy a house on my own. I had to pay mortgage insurance, but it still wasn’t too bad. Cheaper than renting a two bedroom apartment. Five or six years later, my city keeps popping up on Most Affordable Cities lists and the real estate turns into a feeding frenzy.
When the market was at its peak, I listed my house for sale for about 70% more than I paid for it. I had an offer for it at 10k over asking and they’d buy the house sight-unseen within three days of it hitting the market.
Now, this was clearly a buyer’s market so you’d think selling was easy but buying would be a nightmare right? Well, you’d be right and it took 10 months of living with my parents and a shit ton of getting outbid on houses, but I was able to get into a slightly bigger house by putting half of the value down at closing for a house that was brand new, on a bigger lot of land and closer to my family, and I was able to pay off my car loan, resulting in lower monthly payments overall for a house much better suited to my lifestyle. Since moving in two years ago, it’s already appreciated another 15%, not that I’m moving out any time soon!
Well done! Good to hear a positive housing market sorry for once, good for you.
crypto or crypto algorithms.
“nobody needs to work to make crypto work”
however bitcoin will need to die for it to be a perfectly flawless practice. and it will generally never teach/encourage altruistic values or inspire productivity.
bitcoin will slowly lose ground over time… but perhaps never die. if btc died , suddenly, it would be bloody.
Removed by mod