Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Off Topic Chatter Houses cost too much!
101 messages, Last post on Jan 22, 2008 at 9:31 AM
You are in the Off Topic Chatter Forum. Your Host is KarenS
|
|
|---|---|
|
Replying to: steve_ (Dec 31, 2007 2:59 pm) |
|
|
Replying to: Mr_Shiftright (Dec 31, 2007 3:24 pm) I do not know where Steve, was going with his post pal ???  I totally understand what you are talking about. As Fintail, calls it Plyboard n' Cardboard homes.  Steve, may not understand what ya'll are dealing with out their in Cali, as you can still find rock solid homes pretty cheap in Boise.  My great aunt has a McMansion, in Boise, Steve and if you put her home in California, it would cost you at least 10 times as much as it does in Boise. I do not know how pepole on the left coast afford it ???? As I said to Fintail, who lives in Washington State, everybody must make six-figure incomes there.  -Rocky
|
|
|
Replying to: rockylee (Dec 31, 2007 5:25 pm) ). My mom lived out near Stockton/Antioch. Unfortunately all the relatives scattered to the four corners so we don't have anyone to freeload on now when we go to San Diego or the Sierra. So demand plays a part in house value. But my point was that building materials have gone way up in price too (not to mention the infrastructure costs of getting water and sewer to new subdivisions), and that factors into home prices too.
|
|
|
|
|
Replying to: steve_ (Dec 31, 2007 7:11 pm) |
|
|
Replying to: steve_ (Dec 31, 2007 7:11 pm)  As far as what you said Shifty, I totally agree. Those homes do not look like six-figure McMansion. -Rocky |
|
|
Replying to: Mr_Shiftright (Dec 31, 2007 12:49 pm) I'll probably never have enough money to understand this, but saw a program recently. The buyer of a "nice" 20 million dollar mansion was having it torn down so he could put up a 50 million dollar mansion. That's just crazy.
|
|
|
|
|
Replying to: jipster (Jan 01, 2008 7:36 am) In Aspen, we used to call $1,000,000 homes in nice locations "scrape-offs", because they would be bulldozed right after purchase. They were just little 800 sf ranch houses from an era long gone by.
|
|
|
Replying to: Mr_Shiftright (Jan 01, 2008 8:49 am) Sounds like you've been talking with my wife.  A big difference though in tearing down a 20,000 sf mansion to build a 35,000 sf mansion... and tearing down a 800sf ranch to build something bigger. |
|
|
Replying to: Mr_Shiftright (Jan 01, 2008 8:49 am) 
|
|
|
|
|
Replying to: steve_ (Jan 01, 2008 9:16 am) My "philosophy" is to rent in times of high real estate prices and buy in times of low. Works for me, maybe not for you all. If a person literally added up ALL expenses associated with buying, insuring, maintaining, paying taxes on, paying interest on---a house---the pure profit isn't all that great for most people, matchable by other investments. I can rent my house no problem, but I can't afford $200K down payment and a $7500 a month mortgage for the very house I'm staying in. Why should I kill myself to own it? Landlord kicks me out? Rent the house next door---LOL! |
|
You are here:
Forums
Off Topic Chatter Houses cost too much!
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
Browse by Board
Browse by Topic
Today's Chats
