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Feb 25, 2020
10:53
:24
am
JONBOY
All-American
Started renting our TH and bought our current house in 2008. Sold the TH in 2017
Have 31 payments left on our current home
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JONBOY
New username
Blue Ridge
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JONBOY
Joined
Jun 20, 2001
Last login
Jan 26, 2021
Total posts
0 (0 FO)
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Messages
Author
Time
POLL: Did you benefit from the housing crisis of 2008-11?
Odysseus
2/25/20 6:49am
Both, was laid off in 2009 but was able to get a discounted home in 2008
permiso
2/25/20 6:55am
Nope. I bought my first home in 2008 at a premium. Sold it a few years later and was lucky to sell it for what I owed.
Cougarrr
2/25/20 6:57am
Too early in my career and I didn’t have any money in 2008.
Pimpin4Paradise
2/25/20 6:58am
Yes and no. Bought a starter home in Utah in 2006 and sold for 10k less in
LiveCoug
2/25/20 6:59am
Lost about 20k on a spec home started in 2007.
Florwood
2/25/20 6:59am
Housing crisis affected a lot more than house prices.
OPINIONS
2/25/20 7:01am
I started a Bk practice fall 2008
OU Cougar
2/25/20 7:05am
Congratulations.
OPINIONS
2/25/20 8:23am
The position I had at work was eliminated.
dratax
2/25/20 7:19am
Yep, this. It took a while after graduation from BYU to get a career job.
fbguru
2/25/20 7:36am
Neighbor with same house sold for over $600k and I only got $425k a couple years
Fdnman
2/25/20 7:02am
Prices stayed low and I got the $8K credit, so yes
CommodoreCoug
2/25/20 7:07am
I think I did
Pro Logic
2/25/20 7:08am
Didn't get my house at Rock bottom, but close to it. Probably wouldn't own a
BYUtka
2/25/20 7:12am
In a period of 4 months I lost my house, went bk, got divorced, got laid off
oohYeah
2/25/20 7:13am
Dang
Odysseus
2/25/20 7:18am
I had a friend that went through most of that between 2010 and 2015
stoils
2/25/20 8:09am
Married in 2008. Short sold her house at the bottom.
Tweege
2/25/20 7:17am
People that were born in the late 70's and early 80's struck gold. 09-14 was a
Food Snob
2/25/20 7:25am
I had no right to buy a house, but did anyway. Working part-time for $14 an hour
fbguru
2/25/20 7:33am
Not really financially at the time...but being an early 20's stock trader ..
mokelembembe
2/25/20 7:31am
I went to Disneyland and the lines were short. I benefited.
webster242
2/25/20 7:43am
My kids were super young at the time. We have pictures in CA Adventure park
crack
2/25/20 11:47am
Yes that it at least corrected the market before the next surge
cougfanz
2/25/20 7:43am
It’s what led me to “buy low”.
Misteak
2/25/20 7:44am
I was maybe 5 years too late in being ready to buy a house.
HONOMO
2/25/20 7:47am
That's how I was. By the time that I graduated and saved up some funds housing
Food Snob
2/25/20 7:52am
The national housing peak was actually in the summer of 2007.
chilango
2/25/20 8:02am
Definitely, but it took some waiting
stoils
2/25/20 8:04am
Both, was laid off in SoCal & moved to Utah
braddahmike
2/25/20 8:11am
I lost 10s of thousands of dollars
Indy Coug
2/25/20 8:13am
Luckily I was relatively unaffected
spinner
2/25/20 8:13am
sold our house of 15 years still had lots of equity bought a house twice the siz
BYU Grounds
2/25/20 8:25am
Best time of my life!
shuaige
2/25/20 8:26am
Food storage industry?
permiso
2/25/20 8:27am
We got screwed. Bought our townhome in 2006. Were stuck there and unable to move until 2016 when we could finally sell
BlueBlood94
2/25/20 8:54am
Sorta? I got a short sale a few months ago here in Vegas. They don’t do them
vegasnative
2/25/20 9:53am
Bought my first home in 2009 as a foreclosure, fixed it up a little and sold it
ray ray
2/25/20 10:05am
Started renting our TH and bought our current house in 2008. Sold the TH in 2017
JONBOY
2/25/20 10:53am
bought our house in 2012, which was the low point for our area (Portland suburb)
IntelCougar
2/25/20 11:55am
I wish.
Gerald-DeGroot
2/25/20 1:58pm
It got me away from Las Vegas summers since I lost job, but at least my 250k home sold for 90k. So, I'd say no.
Cru Jones
2/25/20 9:46pm
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