Stocks vs real estate

605

I mean right now or near future,?

Seems like stocks are sucking the energy out of this forum. Funny since this is a bear market compared to last year.

606

Several of us already bought this yearā€¦

1 Like
607

With rates the way they are (and potentially increasing), I would think most people will not be buying and will sit it out for awhile.

4 Likes
608

I bought this year. Once HQ2 is announced, I might go all-in on that city.

1 Like
609

Wow, even if back East?

610

Bet earlyā€¦ DC suburbs

611

Yes. I think the cheaper the city the higher the upside will be. Seattle was a pretty affordable city.

Thereā€™s 3 different areas of DC that are finalists. That makes it tough to pick which one. So far, Chicago and Miami are confirmed to have second visits. Chicago property taxes are insane, so Iā€™m not sure Iā€™d do that.

612

Are DC burbs that inexpensive though? I suppose compared to here, maybe. I just remember Northern Virginia was pretty expensive too.

613

Thatā€™s why I doubt they are that serious of contender. Employees complain about Seattle being expensive. I canā€™t imagine HQ2 being in an area with equal or higher costs of housing. Iā€™m amazed at how few of my co-workers own. Most moved from less expensive areas, and they view the cost of housing here as insane.

614

Really? Then how do they feel about the Bay Area? :laughing:

1 Like
615

DC suburbs are dirt cheap. Can buy a condo for as cheap as $5k. SFHs are mostly $150s. I glanced through :slight_smile: Only Capitol Hill is very expensive. I think in most city, DT and vicinity is expensive, suburbs and exurbs are dirt cheap. Only in SFBA, where suburb and exurb of SF i.e. Peninsula and SV are as expensive as SF, may be more :slight_smile:

2 Likes
616

I bought this year too. :slightly_smiling_face:

3 Likes
617

Me tooā€¦ but is anyone buying in the next 6 months?

618

Not in the next 6 months ā€¦in hoarding cash mode waiting for opportunities.

1 Like
619

same here

620

Might be opportunities since no one else is buying. December may provide some bargains

Is this similar to 2016 or 2006?

1 Like
621

bay area housing went up average 35% + in last 2 yrs. i doubt we going to have another run like this in the next couple yearsā€¦

622

Yes, I will be buying shortly.

2 Likes
623

Agreed. But what if you found something at a 20% discount?

624

It is 2018 :rofl: