News@lemmy.worldEnglish · 2 months ago

They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses.

www.businessinsider.com

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They bought homes at the peak of Austin's housing boom. Now they're taking devastating losses.

www.businessinsider.com

FoxtrotDeltaTango@sh.itjust.works to

News@lemmy.worldEnglish · 2 months ago

Homeowners who bought at the peak of Austin's real estate frenzy are eating huge losses or crossing their fingers for a comeback.

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phutatorius@lemmy.zip
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2 months ago
Yeah, buying high and selling low will do that to you.
- nullspace@lemmy.world
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  2 months ago
  If they were smart like me they would only be doing that with stocks.

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