Thread regarding Qualcomm Inc. layoffs

Bought home recently, have high mort interest, high HOA and high prop tax. On loosing job do we get relief ?

Seeking advice, how to navigate the situation if I loose my Q job? Is there any insurance plan that I can buy while i've a job and insurance agency will take card of these until I find a job.

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| 2341 views | | 13 replies (last August 25, 2023) | Reply
Post ID: @OP+1o9ucdeb

13 replies (most recent on top)

You want taxpayers to give you relief? You chose to buy the McMansion. You chose to live in a gated community with high Mello-roos and HOA. You probably are driving a late model German car. You are the one who chose to keep up with the joneses. Take responsibility and sell.

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Post ID: @8mef+1o9ucdeb

If you’re worried, start looking and give yourself a head start so you have the luxury of time and hopefully find something before the market gets flooded with 10k other people who just got laid off and are looking.

Better yet, sell the house. Move out of CA. This state su-ks and is expensive for no reason.

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Post ID: @2qho+1o9ucdeb

Don't sell .. RE always go up. Eat ramen and reduce your other expenses like starbux, movies, cable. Get a temporary job if you get laid off, but keep the house.

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Post ID: @1evz+1o9ucdeb

Selling is your best option while you can. Very soon your house will be less than what you paid for.

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Post ID: @1ztn+1o9ucdeb

Yeah, Sell your house and you can break even, or make some money even. If you wait until layoffs there will be so many more houses in the market with ppl in the same situation as yours

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Post ID: @1nmw+1o9ucdeb

If only there was a way to know your HOA fees and cost of loan before signing on the line...

I swear people are financially illiterate.

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Post ID: @1eao+1o9ucdeb

Start looking

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Post ID: @1wqj+1o9ucdeb

Sell while you still can.

Don't believe me .. believe the data

https://wolfstreet.com/2023/08/17/san-francisco-house-prices-plunged-faster-29-in-16-months-of-this-housing-bust-than-in-the-first-16-months-of-housing-bust-1/

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Post ID: @1wke+1o9ucdeb

Can't understand people buying homes at bleeding edge price and 7 percent mortgage rates.

These people would pay the piper.

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Post ID: @1jkh+1o9ucdeb

unemployment insurance, cobra

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Post ID: @1zns+1o9ucdeb

Foreclosure is the solution

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Post ID: @rou+1o9ucdeb

No

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Post ID: @tok+1o9ucdeb

No, best thing is you sell your house.

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Post ID: @gcc+1o9ucdeb

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