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re: Lets talk about the housing bubble
Posted on 3/1/18 at 11:26 am to HempHead
Posted on 3/1/18 at 11:26 am to HempHead
quote:
Even in parts of rural Alabama, it's getting absurd. Land that used to cost 1500-2500 an acre has now risen to 12-15k, but that's likely due to speculation for commercial and industrial growth in the area instead of housing demand. I know my old man's old man made out like a bandit on some shitty old cotton fields near Huntsville.
Yep. I'm in Bham and it is crazy. Apartments have stepped their game up big time too. It is almost impossible to find a decent house under 350-400 right now. I'm not talking big, just a house that doesn't need a ton of work done to it.
1
Posted on 3/1/18 at 11:28 am to GoCrazyAuburn
quote:
Yep. I'm in Bham and it is crazy. Apartments have stepped their game up big time too. It is almost impossible to find a decent house under 350-400 right now. I'm not talking big, just a house that doesn't need a ton of work done to it.
I was looking at buying a place in Crestline or Highland Park, and noped the frick out when I saw the condition of houses relative to their price. Who the frick is buying a dilapidated 2700sqft house for 450k?
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