• tsonfeir
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    7 months ago

    You can go to the county assessor website and view the sales history of every property. I could see that in 2019 homeowner Paid an amount nearly half of what they sold for. I’m sure you noticed a dramatic increase in rent between 2019 and 2023. Do you think these apartments are suddenly worth more? The answer is no, and the same goes for housing. Housing prices have increased dramatically for various reasons that are unimportant for this conversation. The problem is, those housing prices aren’t real. It’s just what people will pay.

    Really what I’m trying to get at is that he paid nearly double for a home in an area with similar homes that are currently going for significantly less because he’s an idiot. Another humorous detail is that he used the same realtor he used to buy his first house, a house that did not get an inspection, needed a roof replacement, and had a crumbling foundation. 

    • TurboDiesel@lemmy.world
      link
      fedilink
      arrow-up
      2
      arrow-down
      1
      ·
      7 months ago

      Holy shit. Thank you, now I get it. He just made one HELL of a bad deal. I read your update; your brother’s wife should probably take away his checkbook 🤣

      • tsonfeir
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        7 months ago

        Their partner is even worse. Apparently they spend all their money each month. They have a great job, so idk how they do it. They absolutely refuse advice. I swear, if I told both of them how to breath, they would stop out of pridespite.