Nah they get tricked by fox news ads into some business investing scheme that ends up triggering triple tax on themselves. They blame the immigrants about it.
our nearby neighbor a few years ago thought they got lucky, because they were a new family or whatever bs they bought into. thought they thought it gave them priority over a bid that was 1.5+mil(this from overhearing them) then they spent months renovating the house which as you know its 100k+, and they said they would never been able afford it if thier Parents dint chip in with the renovating after the main contractors did thier part. i was thinking no, you dint have a foreign rich person or a even more well off person outbid your home by offering several million upfront, or a buyer that only purchases home to airbnb it. eventhough your tech salary should be able to afford it.
i only know one working class family that bought a house below market value, because thier COUSIN owned the house and they sold it to them to be a mult-generation home in our city, since ou parents family are immigrants we rent way low to other immigrants and they used that low cost to save up money to buy the house from thier cousin.
And they use the 3mil to buy a nice small house and outbid a working class family that currently live in a 2 room apartment
Nah they get tricked by fox news ads into some business investing scheme that ends up triggering triple tax on themselves. They blame the immigrants about it.
our nearby neighbor a few years ago thought they got lucky, because they were a new family or whatever bs they bought into. thought they thought it gave them priority over a bid that was 1.5+mil(this from overhearing them) then they spent months renovating the house which as you know its 100k+, and they said they would never been able afford it if thier Parents dint chip in with the renovating after the main contractors did thier part. i was thinking no, you dint have a foreign rich person or a even more well off person outbid your home by offering several million upfront, or a buyer that only purchases home to airbnb it. eventhough your tech salary should be able to afford it.
i only know one working class family that bought a house below market value, because thier COUSIN owned the house and they sold it to them to be a mult-generation home in our city, since ou parents family are immigrants we rent way low to other immigrants and they used that low cost to save up money to buy the house from thier cousin.
As a rental, obviously. No way they’d actually live there like poors.