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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...
flushed splenetic rigpig brunch
  08/15/18
lots of people can afford that. most people are rich, bro
Ebony Startling Mother Fanboi
  08/15/18
Around 20-25% of them are in fact all cash buyers. I'd g...
razzle-dazzle navy parlor community account
  08/15/18
jfc
flushed splenetic rigpig brunch
  08/15/18
are you not familiar with ACCB
alcoholic hairraiser goyim
  08/15/18
interest-only loans
Startled Racy Kitty
  08/15/18
Smart
Floppy New Version Resort
  08/15/18
I used to drive around west Los Angeles and marvel at the sh...
Swashbuckling misanthropic philosopher-king den
  08/15/18
it doesnt make any sense
flushed splenetic rigpig brunch
  08/15/18
http://ontheworldmap.com/china/china-location-on-the-asia-ma...
cobalt office
  08/15/18
...
fishy talented becky
  08/15/18
...
free-loading khaki lay background story
  08/16/18
They're all going to be sold for much cheaper in the next re...
frisky glittery really tough guy area
  08/15/18
You bought a house a while ago, you sold it for $1 million. ...
Floppy New Version Resort
  08/15/18
congrats! your property taxes alone are now $50k.
flushed splenetic rigpig brunch
  08/15/18
Spreadsheet says you can afford it! Here are the keys!
Floppy New Version Resort
  08/15/18
they're all egeneral contractors who made their money buildi...
gold cracking site boltzmann
  08/15/18
...
Vibrant godawful national
  08/16/18
can confirm at least a thousand of these homes near me and a...
Amethyst Blood Rage
  08/15/18
(((leveraged))) to the hilt
Supple sadistic hall
  08/15/18
...
flushed splenetic rigpig brunch
  08/16/18
there are tens of thousands of big law attorneys, tens of th...
Glassy Stead
  08/16/18
Salarycucks cant really afford 3m dollar homes.
alcoholic hairraiser goyim
  08/16/18
In general you’re right but it depends what you mean by “aff...
slap-happy dilemma puppy
  08/16/18
Retarded to take significant debt to pay for a house like th...
frisky glittery really tough guy area
  08/17/18
My friend lives near Fort Lauderdale which is fine but not s...
slap-happy dilemma puppy
  08/16/18
Boat salesmen?
Swashbuckling misanthropic philosopher-king den
  08/16/18
...
opaque chest-beating twinkling uncleanness
  08/16/18
santa monica is now basically all .01%-rich or elite foreign...
Tripping gas station halford
  08/17/18
All cash Chinese buyers
jet territorial university
  08/17/18
30 year old boomers
trip mischievous principal's office sweet tailpipe
  08/17/18


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Reply Favorite

Date: August 15th, 2018 2:45 PM
Author: flushed splenetic rigpig brunch

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: Ebony Startling Mother Fanboi

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: razzle-dazzle navy parlor community account

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: flushed splenetic rigpig brunch

jfc

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



Reply Favorite

Date: August 15th, 2018 2:50 PM
Author: alcoholic hairraiser goyim

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: Startled Racy Kitty

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: Floppy New Version Resort

Smart

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



Reply Favorite

Date: August 15th, 2018 2:52 PM
Author: Swashbuckling misanthropic philosopher-king den

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: flushed splenetic rigpig brunch

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: cobalt office

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: fishy talented becky



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



Reply Favorite

Date: August 16th, 2018 12:46 AM
Author: free-loading khaki lay background story



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



Reply Favorite

Date: August 15th, 2018 6:05 PM
Author: frisky glittery really tough guy area

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: Floppy New Version Resort

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: flushed splenetic rigpig brunch

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: Floppy New Version Resort

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: gold cracking site boltzmann

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: Vibrant godawful national



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



Reply Favorite

Date: August 15th, 2018 6:08 PM
Author: Amethyst Blood Rage

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: Supple sadistic hall

(((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: flushed splenetic rigpig brunch



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



Reply Favorite

Date: August 16th, 2018 12:50 AM
Author: Glassy Stead

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: alcoholic hairraiser goyim

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: slap-happy dilemma puppy

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: frisky glittery really tough guy area

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)



Reply Favorite

Date: August 16th, 2018 8:43 AM
Author: slap-happy dilemma puppy

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: Swashbuckling misanthropic philosopher-king den

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: opaque chest-beating twinkling uncleanness



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



Reply Favorite

Date: August 17th, 2018 1:49 PM
Author: Tripping gas station halford

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: jet territorial university

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: trip mischievous principal's office sweet tailpipe

30 year old boomers

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