re: I bought my house in the Summer of 2020 for $321,900

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There are quite a few new developments around that are starter homes and are listed at 330k and higher.

There is not one thing you could explain to me that would make a valid reason why a starter home should even be close to that price

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If it’s in most of southern LA - you can easily get an older house in a decent neighborhood with mature trees for that price. And have plenty left over for renovations.