So when’s the housing bubble bursting?

[Helico-pterFunk]

‘My Boyfriend’s Dad Bought Us a House. What Do I Tell My Friends?’

Chances are nobody cares who paid for what. But that doesn’t mean you have to tell anyone.

www.thecut.com

‘My Roommates Never Pay Rent on Time. What Do I Do?’

Ask them to sign a roommate agreement. And think about moving.

www.thecut.com

‘My Friend Stays With Us All the Time. Can We Charge Rent?’

It’s fair to ask her to repay you somehow. But this will be a delicate conversation.

www.thecut.com

Personal Finance - The Cut

See an archive of all personal finance stories published on The Cut

www.thecut.com

 

[Helico-pterFunk]

B.C. mortgage broker fined $50K, suspended 3 months for 'misleading' applications

A B.C. mortgage broker has agreed to pay more than $50,000 to a professional regulator after admitting to submitting "misleading" applications to lenders.

bc.ctvnews.ca

 

[Varis]

Hackers stole 14 mil mortgage customers info .

Fuck I'm one of them.

Mr. Cooper hackers stole personal data on 14 million customers | TechCrunch

Hackers stole a huge trove of sensitive personal information on 14 million Mr. Cooper customers, including Social Security numbers.

techcrunch.com

 

[Helico-pterFunk]

B.C. court decision explains story behind $750K listing for half of 5-bedroom Richmond house

A recent B.C. Supreme Court decision is shedding some light on a bizarre real estate listing offering "undivided half interest" in a five-bedroom home in Richmond for $750,000.

bc.ctvnews.ca

 

[havelcok]

 

[Dr. Truth]

That’s a short sale property this is purposely deceptive. No home in California is going to lose over half its value in a few months unless it’s a foreclosure or short sale

 

[praetor]

 

[Dr. Truth]

Problem is while all those people are leaving we are actually getting more coming here.

Mass exodus? Recent data shows more people moving to California

We've been tracking all the studies showing how many people have left California since the start of the pandemic, but depending on where you look, some narratives seem worse than others. In fact, some of the latest numbers show more people moving to California.

www.cbsnews.com

 

[praetor]

Florida's migration numbers are covering up the death numbers. Pennsylvania and Michigan are burning the candle at both ends.

 

[praetor]

 

[Helico-pterFunk]

Kanye West is selling his Malibu home for $53M after failed remodel

Kanye West has listed his Malibu home for $53 million, after he was unable to remodel it into a 'bomb shelter.'

www.dailymail.co.uk

Kanye West Selling Gutted Malibu Beach Home For $53 Million

Kanye West will no longer be tied down to the Malibu beach home he bought for tens of millions of dollars only to totally gut it ... he just put it on the market with a celeb realtor.

www.tmz.com

 

[Helico-pterFunk]

Homeless man vows not to leave £300 shed he built on the River Thames

Shahoo Amini built his shack in one of London's most sought-after postcodes.

metro.co.uk

 

[Helico-pterFunk]

Dodgers Star Mookie Betts Scores a $15 Million Estate in the L.A. Hills

The MLB superstar’s new home plate is still under construction, and it features a 9,300-square-foot house and a separate gate house for a full-time security guard.

robbreport.com

Mark Zuckerburg Is Reportedly Building Himself a $270 Million Survivalist Compound in Hawaii

Plans for the prepper-ready property, called Koolau Ranch, include two mansions joined by a tunnel that leads to an underground bunker.

robbreport.com

 

[Helico-pterFunk]

Mark Zuckerberg is turning corner of Hawaii into Bond villain compound

The £212 million compound the Facebook founder is building on the Hawaiian island of Kauai is only ten miles from the home of former 007 Pierce Brosnan.

www.dailymail.co.uk

 

[praetor]

Families who have lived in the area “for generations, ha[ve] to endure everything that comes with an industrial hog operation of that size: the flies, buzzards and endless sounds of pigs squealing,” North Carolina Health News reports. Also, because the hog waste is “flushed into open lagoons and sprayed onto feed crops as fertilizer,” residents are inundated with “minute particles of feces that marred their homes, cars, mailboxes and laundry.”

“And it was only when a factory farm was slated to be built near a wealthy white golf resort, that the legislators of North Carolina decided to pass a moratorium on the construction of new CAFOs. There was a clear pattern where hundreds and thousands of these farms were popping up in largely Black communities, and it was only when they threatened a golf resort that the legislature was willing to react,” said Berger.

 

[Helico-pterFunk]

Burnaby gets $43M from feds to 'fast track' 11K homes over next decade

Burnaby gets a piece of the federal Housing Accelerator Fund pie

biv.com

 

[Helico-pterFunk]

The Long, Slow Path to Vancouver’s 10 Tiny Homes | The Tyee

One city councillor says he envisioned a much quicker deployment of the transitional housing solution approved 22 months ago.

thetyee.ca

 

[havelcok]

 

[Dr. Truth]

HOA is $900

 

[Helico-pterFunk]

Ontario man makes over $14,000 a month in rental income – he's only 33 years old

Karun Vij lives in Chicago now but still owns four properties in Canada, with plans to keep on buying

vancouversun.com

33-year-old's 4 rental properties bring in $11,000 a month: 'I want to own as many assets as possible that generate cash flow'

Karun Vij's "aha moment" for property investing came to him while he was a student living on campus.

www.cnbc.com

 

[Helico-pterFunk]

This 41-year-old works for herself and bought a house in Sicily for $62,000 — now she splits her time between Italy and the U.S.

Stephanie Synclair's first trip abroad was to Sicily, Italy. A decade later, she now owns a home there.

www.cnbc.com

My house is 'smaller than the average size of a parking spot': 3 people share what it's like to live in less than 300 square feet

Housing prices have forced renters and homebuyers to get creative. Some are willing to sacrifice space if it means living where — and how — they want.

www.cnbc.com

28-year-old health-care worker earning $210,000 a year shares her biggest money mistake

Chabely Rodriguez has a regret from accepting her first job offer.

www.cnbc.com

28-year-old makes over $210,000 a year working in a hospital—without going to med school

28-year-old Chabely Rodriguez earns over $200,000 a year as a certified anesthesiologist assistant. See how she spends her money.

www.cnbc.com

Millennial Money

Interview series profiling millennials in different cities and at different income levels about how they make, spend and save their money

www.cnbc.com

 

[Helico-pterFunk]

Five-year fixed mortgage rates fall below 5 per cent as bond markets anticipate rate cuts

With the markets anticipating central banks will lower interest rates next year, some fixed mortgage rates are the lowest they have been in months. But with all the economic uncertainty, new buyers and homeowners who need to renew still face some hard decisions.

www.ctvnews.ca

Rebuild of first home in Lytton finally underway, 2.5 years after wildfire

It’s been a long time coming, but there is finally some encouraging news for frustrated evacuees who have been waiting to rebuild since the disastrous wildfire in the Village of Lytton two-and-a-half years ago.

bc.ctvnews.ca

 

[Helico-pterFunk]

My daughters are swapping homes: Will they get stung on tax?

My daughters each own a house (outright, no mortgage); one in Oxford and one in Cambridge. Due to changing work locations they now wish to swap ownership of their houses.

www.thisismoney.co.uk

 

[Helico-pterFunk]

Will doubling ground rent make my home unsellable & how can I fix it?

I am in the process of selling my leasehold flat. My sale is in danger of falling through because my buyer's mortgage lender won't accept a ground rent that doubles every 10 years.

www.thisismoney.co.uk

I own a home with my ex: How can I get my name off the mortgage?

My ex-partner and I bought a house together nearly 20 years ago, we were never married. The mortgage is in both our names.

www.thisismoney.co.uk

Should we repay our Help to Buy Loan early or pay down the mortgage?

We used the Help to Buy loan to buy our home in 2020, which is around £80,000. We want to repay it but are wondering if we should instead pay our mortgage to save interest.

www.thisismoney.co.uk

Money - Financial & Business News, Stocks | This is Money

Your complete guide to personal finance and investing with news, predictions, advice, guides and opinion from the financial website of the year.

www.thisismoney.co.uk

 

[havelcok]

 

[praetor]

 

[havelcok]

HOA is $900

 

[havelcok]

 

[praetor]

That's not really a bust, someone just paid way too much for it. The house was bought in 2022 for 750k. It was never worth 1.4M in the first place.

It's also a short sale being sold as is and can't be used as a short term rental.

2002 N Whitewater Club Dr, Palm Springs, CA 92262 | MLS #OC23226656 | Zillow

This 1260 square feet Single Family home has 3 bedrooms and 2 bathrooms. It is located at 2002 N Whitewater Club Dr, Palm Springs, CA.

www.zillow.com

 

[praetor]

 

[Helico-pterFunk]

Kanye West Is Asking $53 Million for His Tadao Ando-Designed Malibu Home

The rapper bought the oceanfront spread just two years ago for $57 million, and the place has since been gutted.

robbreport.com

Television Super-Producer Marcy Carsey Drops Millions on Her 13th California House

The real estate mogul’s latest acquisition is a $5 million Brentwood property right next door to another house she’s owned since 2007.

robbreport.com

Tennis Icon John McEnroe’s Former N.Y.C. Apartment Can Be Yours for $9.8 Million

The Upper West Side residence combines two units, one of which was previously owned by the seven-time Grand Slam champion.

robbreport.com

 

[Helico-pterFunk]

Realtor who appeared on 'Million Dollar Listing' accused of flooding clients' home and refusing to help

Compass, the realtor’s broker, is also accused of refusing to help the homeowners, who are navigating roughly $200,000 in repairs and can’t close on the property.

www.nbclosangeles.com

“Million Dollar Listing” Agent Accused in WeHo Condo Flood

Homeowners say Matt Isbell of Compass activated the sprinklers, causing $200,000 in water damages.

therealdeal.com

Compass agent accused of flooding home, ghosting clients

Aaron Schwid and Youngkey Chung trusted Compass agent Matt Isbell with the sale of their home in part because he had appeared on "Million Dollar Listing." But evidence shows his actions may have set off the home's sprinklers and flooded it while the couple was away.

www.inman.com

 

[praetor]

 

[DC_Dude]

The phone calls have already started about refinancing. Wifey just told me while I was sleep the mortgage company called about refinancing our mortgage rate.

 

[Helico-pterFunk]

This is NYC’s cheapest apartment for sale — and it just got a $5K discount

This 200-square-foot East Harlem co-op is at 424 E. 115th St. and now asks less of a price — but to land it, you have to make less than $60,000 a year.

nypost.com