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re: Lets talk about the housing bubble

Posted on 3/1/18 at 11:31 am to
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 3/1/18 at 11:31 am to
quote:

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?



Houston is fricking chock full of houses that were flooded during Harvey, gutted, and then just placed on the market without being renovated. The prices are insane; essentially just $50k or a little more reduced.

Posted by HempHead
Big Sky Country
Member since Mar 2011
55559 posts
Posted on 3/1/18 at 11:34 am to
If any of you baws are real ballers, I would be buying the shite out of destroyed property in St. Thomas and St. John, USVI. The potential for a 10-15 year gain is insane if you have the money to throw at new construction and wait.
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