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someone explain how so many people are buying $3-4 million houses

i dont understand this, there aren't that many people who ca...
impressive coral toilet seat
  08/15/18
lots of people can afford that. most people are rich, bro
Charismatic bonkers property dragon
  08/15/18
Around 20-25% of them are in fact all cash buyers. I'd g...
doobsian concupiscible coldplay fan hell
  08/15/18
jfc
impressive coral toilet seat
  08/15/18
are you not familiar with ACCB
Talking citrine box office
  08/15/18
interest-only loans
Razzle-dazzle confused genital piercing set
  08/15/18
Smart
Lilac Jap
  08/15/18
I used to drive around west Los Angeles and marvel at the sh...
Cordovan antidepressant drug
  08/15/18
it doesnt make any sense
impressive coral toilet seat
  08/15/18
http://ontheworldmap.com/china/china-location-on-the-asia-ma...
amber beady-eyed principal's office weed whacker
  08/15/18
...
Sick motley whorehouse
  08/15/18
...
Ruby Disgusting Clown
  08/16/18
They're all going to be sold for much cheaper in the next re...
sepia passionate french chef
  08/15/18
You bought a house a while ago, you sold it for $1 million. ...
Lilac Jap
  08/15/18
congrats! your property taxes alone are now $50k.
impressive coral toilet seat
  08/15/18
Spreadsheet says you can afford it! Here are the keys!
Lilac Jap
  08/15/18
they're all egeneral contractors who made their money buildi...
Drab church party of the first part
  08/15/18
...
razzmatazz rigpig business firm
  08/16/18
can confirm at least a thousand of these homes near me and a...
abnormal saffron den people who are hurt
  08/15/18
(((leveraged))) to the hilt
twisted contagious library
  08/15/18
...
impressive coral toilet seat
  08/16/18
there are tens of thousands of big law attorneys, tens of th...
diverse splenetic macaca public bath
  08/16/18
Salarycucks cant really afford 3m dollar homes.
Talking citrine box office
  08/16/18
In general you’re right but it depends what you mean by “aff...
cyan trailer park depressive
  08/16/18
Retarded to take significant debt to pay for a house like th...
sepia passionate french chef
  08/17/18
My friend lives near Fort Lauderdale which is fine but not s...
cyan trailer park depressive
  08/16/18
Boat salesmen?
Cordovan antidepressant drug
  08/16/18
...
umber at-the-ready address international law enforcement agency
  08/16/18
santa monica is now basically all .01%-rich or elite foreign...
Lemon native
  08/17/18
All cash Chinese buyers
duck-like tantric center blood rage
  08/17/18
30 year old boomers
indigo rehab turdskin
  08/17/18


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Reply Favorite

Date: August 15th, 2018 2:45 PM
Author: impressive coral toilet seat

i dont understand this, there aren't that many people who can afford this even with family help

but these new construction houses keep being build and sold left and right

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621589)



Reply Favorite

Date: August 15th, 2018 2:46 PM
Author: Charismatic bonkers property dragon

lots of people can afford that. most people are rich, bro

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621597)



Reply Favorite

Date: August 15th, 2018 2:49 PM
Author: doobsian concupiscible coldplay fan hell

Around 20-25% of them are in fact all cash buyers.

I'd guess another large portion have gigantic mortgages, most likely ARMs, and qualify based on lawyer/doctor type dual incomes.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621609)



Reply Favorite

Date: August 15th, 2018 2:50 PM
Author: impressive coral toilet seat

jfc

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621624)



Reply Favorite

Date: August 15th, 2018 2:50 PM
Author: Talking citrine box office

are you not familiar with ACCB

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621617)



Reply Favorite

Date: August 15th, 2018 2:51 PM
Author: Razzle-dazzle confused genital piercing set

interest-only loans

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621628)



Reply Favorite

Date: August 15th, 2018 6:07 PM
Author: Lilac Jap

Smart

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622791)



Reply Favorite

Date: August 15th, 2018 2:52 PM
Author: Cordovan antidepressant drug

I used to drive around west Los Angeles and marvel at the sheer number of people who have the money to purchase a 2m+ home.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621632)



Reply Favorite

Date: August 15th, 2018 2:53 PM
Author: impressive coral toilet seat

it doesnt make any sense

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621644)



Reply Favorite

Date: August 15th, 2018 2:52 PM
Author: amber beady-eyed principal's office weed whacker

http://ontheworldmap.com/china/china-location-on-the-asia-map.jpg

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36621640)



Reply Favorite

Date: August 15th, 2018 6:06 PM
Author: Sick motley whorehouse



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622783)



Reply Favorite

Date: August 16th, 2018 12:46 AM
Author: Ruby Disgusting Clown



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624976)



Reply Favorite

Date: August 15th, 2018 6:05 PM
Author: sepia passionate french chef

They're all going to be sold for much cheaper in the next recession.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622780)



Reply Favorite

Date: August 15th, 2018 6:06 PM
Author: Lilac Jap

You bought a house a while ago, you sold it for $1 million. You roll that into the new house and your HHI is $500k.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622787)



Reply Favorite

Date: August 15th, 2018 6:16 PM
Author: impressive coral toilet seat

congrats! your property taxes alone are now $50k.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622832)



Reply Favorite

Date: August 15th, 2018 6:16 PM
Author: Lilac Jap

Spreadsheet says you can afford it! Here are the keys!

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622836)



Reply Favorite

Date: August 15th, 2018 6:07 PM
Author: Drab church party of the first part

they're all egeneral contractors who made their money building houses for other millionaires. once somebody realizes what's up the whole thing is gonna topple

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622790)



Reply Favorite

Date: August 16th, 2018 12:51 AM
Author: razzmatazz rigpig business firm



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624996)



Reply Favorite

Date: August 15th, 2018 6:08 PM
Author: abnormal saffron den people who are hurt

can confirm at least a thousand of these homes near me and all are bought and sold like flapjacks by boomers from new jersey and arizona.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622794)



Reply Favorite

Date: August 15th, 2018 6:16 PM
Author: twisted contagious library

(((leveraged))) to the hilt

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36622834)



Reply Favorite

Date: August 16th, 2018 12:41 AM
Author: impressive coral toilet seat



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624943)



Reply Favorite

Date: August 16th, 2018 12:50 AM
Author: diverse splenetic macaca public bath

there are tens of thousands of big law attorneys, tens of thousands of doctors, tens of thousands of tech sector bros, tens of thousands of rich kids with rich parents, tens of thousands of people with 1m+ equity in their current homes that need to move.

the population is increasing and that includes the rich.

also, the economy is doing well so people have more money on paper right now. in theory the relative price of a million dollar house is much cheaper given inflation, stock growth, etc.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36624991)



Reply Favorite

Date: August 16th, 2018 8:05 AM
Author: Talking citrine box office

Salarycucks cant really afford 3m dollar homes.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625622)



Reply Favorite

Date: August 16th, 2018 8:44 AM
Author: cyan trailer park depressive

In general you’re right but it depends what you mean by “afford”

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625667)



Reply Favorite

Date: August 17th, 2018 1:44 PM
Author: sepia passionate french chef

Retarded to take significant debt to pay for a house like that.

a) no one needs a 7 figure house anywhere, let alone a 7 figure house several times over.

b) anyone with a brain realizes the economy is doing well but it won't last forever. People who are stretching themselves to get these houses will be losing them in the next downturn.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633406)



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Date: August 16th, 2018 8:43 AM
Author: cyan trailer park depressive

My friend lives near Fort Lauderdale which is fine but not super fancy and you can drive around and pass canal after canal filled with 1 million+ dollar boats. And this is just what these people are spending on BOATS. Always try to figure out what all these people do for a living

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625665)



Reply Favorite

Date: August 16th, 2018 10:35 AM
Author: Cordovan antidepressant drug

Boat salesmen?

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36626020)



Reply Favorite

Date: August 16th, 2018 8:46 AM
Author: umber at-the-ready address international law enforcement agency



(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36625669)



Reply Favorite

Date: August 17th, 2018 1:49 PM
Author: Lemon native

santa monica is now basically all .01%-rich or elite foreigners. it's absurd. like $6m for a 2000 sq ft place that isn't total shit.

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633438)



Reply Favorite

Date: August 17th, 2018 1:51 PM
Author: duck-like tantric center blood rage

All cash Chinese buyers

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633453)



Reply Favorite

Date: August 17th, 2018 1:53 PM
Author: indigo rehab turdskin

30 year old boomers

(http://www.autoadmit.com/thread.php?thread_id=4052657&forum_id=2#36633463)