All Forum Posts by: Carlos Ptriawan

Btw WPG just releases the data: 2021 home appreciation is 7% , 2022 is 5%. The mortgage rate is 3% for the next years.

Real Estate crash ? yes... it's crashing up not crashing down.

If you are afraid of an eviction ban, rent to section 8, gov pays the rental. There's many areas where the return is still good: 7-9 %. The only caveat is you shall manage it yourself.

How come there's a crash when the Fed is printing money for people so they can invest :)

It's the reverse of 2007. In 2007 everybody can buy houses. In 2020 only a selected few can buy houses due to stringent bank rules. Besides, the govt. is throwing away money to invest.

5 years from now, there's a downtrend of rental yield everywhere which means home appreciation even in the CF market.

What people don't realize is the average home affordability is still only 33% in the bay area, it is typical of an expensive area nationwide but not the most expensive. The most expensive relative to affordability is Miami, FL. Even Denver CO is relatively more expensive than the bay area. Having said that, there's still room for houses in the Bay Area to appreciate although it may be different in every city.  

When the affordability is reaching 40%, that's where the overbought territory is.

30-year mortgage fixed rate with 2% interest rate where you only need to repay in 30 years with 1:5 leverage where you can make 200%-2600% ROI or 30% IRR........is not a debt but in reality the gov. is giving you money/asset for free to invest.

nice ...

Hi Luis, I guess your ADU is garage conversion with that extremely low cost or you do it yourself ? Overhere price to build is still $250/sqft, even for garage conversation.

Jonathan is right ;  for a question like this, just look at Zillow home index for your specific area and compare it to the nationwide index. Analyze the uptrend slope. Don't use feeling :)  I'm very confident those who don't buy today in CF-market will end up as renters forever in the next 10 years.

The actual buyers in this market are actually the Fed.

yeah, BBQ and Cajun food too :) lol

good strategy Tracie.