Isn’t it better than having it in front of an 7-11 or McDonald’s?
Terri is a concerned parent. I can tell that much.
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It feels like we are in a multi-decade housing bubble - huh.
We have been in a bubble in California since 1849.
The house I first lived in cost $11k in 1952. That house today is worth $1.5m
Growing up in California high prices are just a fact of life.
The 2009 crash was an anomaly not normality.
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7.8% annualized appreciation.
They bought a house in 1961 for $52k. Zillow says it’s worth $2.3m today…we sold it in 2002 for $1.35m
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I have noticed one home was bought 1969 costed $75000, worth 2.25M
If you see the Original purchase price, while built, it may be around $50 to $75k range.
https://www.redfin.com/CA/Cupertino/1468-Primrose-Way-95014/home/1688214
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In Iowa prices have gone up 1.93% a year since 2000
Most people in the US have no idea the difference between California prices and elsewhere.
Of course with the shortage of housing being built since 2006, bubble pricing is happening nationwide…The press just doesn’t understand supply and demand…
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If you like sin stocks, RGR went up today… Lots of stores banning assault weapons driving up assault weapon manufacturer stocks…
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after hours is down to it’s open level.
It normally goes up after a mass shooting…This time went down until some chain stores started banning them…Still easy to get though even in California…
Is Altria going into the pot business?
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How about none-of-the-above???