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Reply #20: Yea your that was a bone headed post [View All]

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nolabels Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-24-04 08:21 AM
Response to Reply #3
20. Yea your that was a bone headed post
My post was on the assumption was people would be buying "real estate" not the McMansions. I would not buy one those pieces of crap they are building now either. The builders are putting out a product of poor quality with little actual property under them. I am living in one of those prefabs houses. It has a permanent foundation so qualifies under almost all laws as a normal home (it's really a poorly built piece of crap too). I got two acres sitting under it though, picked it up about 20 years ago. We paid 35k for the property at the time.

Today they are building them McMansions just on the other side of the hill just a 1/4 mile away. Those McMansions are going with one acre for ticket price 600k+. Then just down the street from them 1/2 acre lots for 450k+. I think they are selling them at a very inflated price, but if the market holds and they sell them what can I say? I am not planning on selling anything, might build another house on the property and rent this one out though, but that's all down the road.
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