My neighbor bought his house in 2000 for 400k sold it last week for 1.25, he bought in Wyoming using 350k and has a bigger house, more acreage and a nice retirement nest egg
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They need more socialism... California Church Pressured To Stop Serving Meals To The Homeless Because It Lures The Needyhttps://goo.gl/Be9hfn
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Silicon Valley’s ‘car people’ push homeless crisis to the brink | New York Posthttps://goo.gl/i4Pt2R
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I'm thinking of listing my home for over $200k over what I paid for it. Think it'll work?
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They say during the gold rush that it wasn’t the gold miners who made the most money it was the supplies and services that made most
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By the way, this same home is now at just under a million. Wow. For a 1680 sf ranch built in ‘65. That’s crazy! But it is purely market driven and supported by high Silicon Valley incomes.
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I pay $800 a month to rent a room in a 3 bdr house. Could pay a mortgage with that in plenty of other states.
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The Federal Reserve Note bubble. Watch your macro SPEND YOUR MONEY!
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This was simply the result of low inventory and people who make lots of money. An engineer from a large telecom manufacturing company bought our home. These people drive the market in this Bay Area. They can, because they can afford it.
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At Least 20 people injured in Melbourne,Australia after a 32-year old Afghan Muslim Immigrant drives a vehicle into a crowd.http://www.dailymail.co.uk/news/article-5201021/Car-crashes-Melbournes-Flinders-Street-Station-crowd.html …
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Stefan, I lived and worked in the Silicon Valley up til three years ago. This is driven by high salaries. Not the same as the housing bubble where lenders were giving big mortgages to anyone. I bought a home in San Jose in ‘09 for just under $600k. Sold for over 800k in ‘15.
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The specific to prove the general
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Id be selling like a mofo and retiring to a nice flyover red state.
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California steering for a federal bailout?
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2008 is calling they say they want their crises back.
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