- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Anyone spotting a trend with houses in BR right now...
Posted on 9/30/22 at 2:28 pm to Paul Allen
Posted on 9/30/22 at 2:28 pm to Paul Allen
It will be cyclical from now on. That's not just here though, and it's going to depend on the economy. That's for a different thread though. My point being that in one year, my house's value has grown from 40-50K. Someone that rents will never see those gains. They're paying a mortgage off, it's just not theirs.
0
Posted on 9/30/22 at 7:06 pm to LSUSkip
quote:
You can make that up fast in equity.
You can also go backwards in equity and lose out. Also selling usually entails realtor commissions etc in moving around.
Posted on 9/30/22 at 7:18 pm to Tomatocantender
quote:
Who in the heck is coughing up $25k a year in rent around here
You are, courtesy of Section 8.
Posted on 9/30/22 at 7:21 pm to Tomatocantender
quote:.
Anyone spotting a trend with houses in BR right now.
Yeah. Nothing is for sale.
Just like last year except interest rates are much higher.
Posted on 9/30/22 at 7:23 pm to Tomatocantender
Corporations have been buying homes for quite some time, with the intent of making them rentals. Larger ones like Blackstone (through Home Partners of America) have cheap money which makes them tough to compete with. I heard that corporations accounted for 1 out of 5 sales. Recently however, Blackstone has stopped investing in a number of markets - including BR and N.O
This post was edited on 9/30/22 at 7:28 pm
Posted on 9/30/22 at 7:55 pm to Tomatocantender
quote:
Exactly, and the interest on the mortgage is 1098-int tax deductible
Assyming they can itemize with the increased standard deduction
This post was edited on 9/30/22 at 8:06 pm
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News