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Apr 18, 2023
9:15
:51
am
machete
All-American
Fun fact:29% is a big number, especially considering prices have already dropped
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machete
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SMITTY
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machete
Joined
Nov 29, 2007
Last login
Oct 18, 2024
Total posts
7,983 (75 FO)
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Messages
Author
Time
Ogden Utah is quietly leading the nation in home ownership and homeowner wealth
OU Cougar
4/18/23 7:55am
So happy for our Aggie friends!
DirtyWater
4/18/23 7:56am
Quietly? Are there cities that are loud about home ownership?
Cougz19
4/18/23 8:02am
Well “it’s a wonderful life” seemed to make the point it’s a good thing
OU Cougar
4/18/23 8:05am
The paper gains between 2020 and 2023 will be lost in the next few years
chismoso
4/18/23 8:05am
We're not going back to 2020 prices
machete
4/18/23 8:08am
I agree. They will go back to 2019 prices
chismoso
4/18/23 8:09am
This is why I always figure net worth with and without RE. It should include RE
Nat Gas Man
4/18/23 8:10am
Cyclical changes arent an if situation but a when. Claims that historic highs
chismoso
4/18/23 8:18am
Claims they will drop 40% from where we are are also naive at best
machete
4/18/23 8:21am
Depends on the location. But ya if someone got a 40% increase in 2 years
chismoso
4/18/23 8:27am
They will not lose it all, is my point. That would be going back to 2019
machete
4/18/23 8:45am
In certain markets people will lose all the gains from 2019
chismoso
4/18/23 8:56am
Fun Fact: if prices rise 40%, they only have to drop 29% to revert back.
rad dawg
4/18/23 9:01am
Fun fact:29% is a big number, especially considering prices have already dropped
machete
4/18/23 9:15am
Downtown York, PA is something like 80% rental properties. Building a community
Iman23
4/18/23 8:08am
I know a realtor who bought a couple investment properties in Ogden. She regrets
oohYeah
4/18/23 8:14am
I mean.....either it's a legal triplex or it's not. She should've have
byubyu
4/18/23 8:27am
City ordinances change, rental restrictions in Utah are a pain in the butt
kotacoug
4/18/23 8:31am
These are all true, but very unlikely a tri plex is ever legal unless in a
johnnybyu
4/18/23 8:33am
Good to hear. RE Investors are a plague on communities.
OPINIONS
4/18/23 9:38am
Ogden City over the course of twenty years has slowly been gentrifying the downtown area. One of the ways they've
DJROSS
4/18/23 9:11am
Probably because few people want to buy houses for AirBnB in Ogden. So normal
IrishBlue
4/18/23 8:47am
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