Is it good time to buy a house?

Google
SsLu44

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SsLu44
May 29, 2021 9 Comments

if you have been planning to buy your first primary residence house in couple of years...

Location: Boulder, CO
TC: 190k
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TOP 9 Comments
  • Dropbox
    Shalomey

    Go to company page Dropbox

    Shalomey
    My belief is that there are so many more safeguards in place since the recession to prevent or mitigate another housing crisis that the dip, if it comes, won’t be that bad. Overall, the data says the market always goes up, so the best time to buy is yesterday and the second best time is today.
    May 29, 2021 0
  • Google
    JJ 21

    Go to company page Google

    JJ 21
    Depends. If the house can sustain as a rental, yes. If not - no.

    There is no different math for primary residence than there is for rental properties. Check out the 1% rule and 50% rule b(www.biggerpockets.com is a good resource).

    If a house's price to rent ratio is out of whack, you are buying a very expensive liability that will limit your options. Happy to share a model if interested and explain more
    May 29, 2021 2
  • Best time in history, rates have never been lower and will hopefully never be this low again
    May 30, 2021 0
  • Twilio
    aJmL74

    Go to company page Twilio

    aJmL74
    Inflation has been in double digits for at least 2 years now and that trend might continue
    May 29, 2021 0
  • Google
    aowmgt

    Go to company page Google

    aowmgt
    Rising inflation, you want to put your money in things which do well in high inflation. Housing, gold etc. Stocks might take a hot
    May 29, 2021 1