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Reply to "Getting desperate: What would you suggest to a first time home buyer?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In 2021 11 percent all starter homes downpayment was from crypto gains. That is over. Meme stocks and govt stimulus and super low mortgages also helped. All over [/quote] Still waiting for that crash? [/quote] I would love to see the source for the 11% [/quote] About 6.1M home sold in 2021 (new sales are small %) https://www.wsj.com/articles/u-s-existing-home-sales-reached-a-15-year-high-of-6-1-million-last-year-11642691655 New home buyers are generally more than 30% of the market https://www.bankrate.com/real-estate/shrinking-share-of-first-time-homebuyers/ So that is 183k people who made at least $20k-$40k profit on crypto, bought a house, and somehow reported it to PP. [/quote]
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