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re: Drudge linked, Economist on housing bubble: We never left the bubble, its bubble inception

Posted on 1/22/18 at 12:40 pm to
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40346 posts
Posted on 1/22/18 at 12:40 pm to
quote:

It only takes $134/sq. ft to get it over $400k. You priced "nice" homes out in the hinterlands? You'll play hell finding newer, nicer homes in good neighborhoods with good schools for less than $115, $120 a foot.



Totally understand, however, looking back at their sell history, most of these homes that are less than 10 years old were sold originally for the most part under $100. Which is why it's crazy. People would be buying even more at $100. shite i'd jump right now at $100.

Here is a perfect example: Zillow Home The Colony, TX
This post was edited on 1/22/18 at 12:42 pm
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89807 posts
Posted on 1/22/18 at 12:42 pm to
quote:

shite i'd jump right now at $100.


I'm considering a huge house at $100. I'd like them to get it down to conforming, but we'll see. I'm more worried about the property taxes than anything else.

(ETA: And it is a McMansion - )
This post was edited on 1/22/18 at 12:43 pm
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