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Joined: Mar 2010
Posts: 24,225
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,225 |
Certain geographic ares are only going to grow in the US in the future, while others areas die and become high crime and unemployment ghettos and people flee urban areas especially on the east and west coasts and the mid west. Texas, AZ, ID, MT, WY, UT, FL, NC, SC are only going to get more expensive as new people flood in from socialist schitholes. Covid really accelerated the immigration I had a friend who let a realtor talk him into dumping a huge amount of money to upscale and buy a huge house in Coloraodo in 1999, and his new job, and the house it market imploded in 2007 - he lost his a huge amount of his life’s savings.
If you don’t know realistate make sure you do your due diligence.
That being said - loan rates are pretty low right now.
If he was able to hold on to it it would have doubled in value +3x. Literally, three times the purchase price. probably. Like any investment have to ride the highs and lows for the long term My daughter sent me her address of her new home they bought in the mountains. I used Bing maps to see where it was. Bing does a real estate history on the address. The home sold for $2,8M.
Last edited by ribka; 02/26/21.
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How expensive of house, and do you regret it?
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Full3r
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02/26/21
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02/26/21
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smithrjd
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02/26/21
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dale06
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rem141r
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02/26/21
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MPat70
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MPat70
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AML
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Remsen
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Old_Toot
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TheLastLemming76
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MtnBoomer
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02/26/21
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Sycamore
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MarkWV
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Reloder28
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gunner500
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AU7MM08
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jackmountain
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MtnBoomer
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ipopum
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Dillonbuck
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Full3r
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jackmountain
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LoadClear
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antlers
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02/26/21
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MM879
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LoadClear
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blindshooter
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ckat
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ckat
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taylorce1
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02/26/21
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rem141r
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02/26/21
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SamOlson
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02/26/21
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Jeffrey
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Partsman
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2five7
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Otter
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EdM
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MM879
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Hogwild7
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EdM
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02/26/21
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ribka
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02/26/21
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Spotshooter
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rufous
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02/27/21
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CashisKing
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Spotshooter
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ribka
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02/26/21
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MM879
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02/26/21
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ribka
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02/26/21
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MM879
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02/26/21
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ribka
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ribka
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KFWA
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02/26/21
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tzone
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02/26/21
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ERK
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02/26/21
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02/26/21
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hillestadj
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Whiptail
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tzone
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02/27/21
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02/26/21
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02/27/21
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TimberRunner
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02/27/21
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