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A comment on Stripe Employees Who Relocate to Get $20k Bonus and a Pay Cut. Parent comment

Re:Stripe Employees Who Relocate to Get $20k Bonus and a Pay... by djhn on Tuesday September 15, 2020 @05:34PM (#24486965)
But they offer 10x leverage with the right first time buyer incentives. Invest 50k, earn 4-12% in appreciation on 500k.
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Re:Stripe Employees Who Relocate to Get $20k Bonus and a Pay... by brianwawok on Tuesday September 15, 2020 @07:03PM (#24487731)
Or lose 10-20% or more (see Vegas 2008)

Also the average cost to sell a house is around 10%. So 10% appreciates means you walk away with what you put in.

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Re:Stripe Employees Who Relocate to Get $20k Bonus and a Pay... by lbotos on Tuesday September 15, 2020 @07:59PM (#24488105)
for those curious, here's Vegas data: https://fred.stlouisfed.org/series/LVXRNSA
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Re:Stripe Employees Who Relocate to Get $20k Bonus and a Pay... by brianwawok on Wednesday September 16, 2020 @09:45AM (#24492657)
I am shocked at how much it has recovered since the bottom.
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Re:Stripe Employees Who Relocate to Get $20k Bonus and a Pay... by mvanbaak on Tuesday September 15, 2020 @07:17PM (#24487827)
Yeh, ao let me tell you a story: 2008/2009 happened. My house dropped over 70k in price because crisis. So nope
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Re:Stripe Employees Who Relocate to Get $20k Bonus and a Pay... by lbotos on Tuesday September 15, 2020 @07:58PM (#24488093)
Did the value never recover?
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