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re: Check out this Sunnyvale, Ca. beauty that sold for $2m
Posted on 3/3/18 at 4:35 pm to fightin tigers
Posted on 3/3/18 at 4:35 pm to fightin tigers
quote:
Worth it to live in that area of the country.
Wasn't Cali just named the worst State in the US for quality of life? A 2 million dollar price tag on a piece of shite house probably helped that classification.
4
Posted on 3/3/18 at 4:37 pm to Tigahs24Seven
I would think if you are buying a $2MM house then maybe you buck the trend.
Posted on 3/3/18 at 5:02 pm to Tigahs24Seven
Going to be a bitch when the bubble bursts.
Posted on 3/3/18 at 5:13 pm to Tigahs24Seven
quote:
Wasn't Cali just named the worst State in the US for quality of life?
Pretty sure that was Louisiana
Posted on 3/3/18 at 5:16 pm to RedRifle
Everything is related to where it is and what people will pay. I've always been surprised how expensive homes in BR are. A $300k house in BR would be $150/200k in Atlanta.
Posted on 3/3/18 at 6:08 pm to RogerTheShrubber
Yup. This bubble won’t last forever. On a smaller scale, weren’t there mass foreclosures in places like Fremont and Stockton in the past decade?
These were booming places that became shite rather quickly.
These were booming places that became shite rather quickly.
Posted on 3/3/18 at 6:12 pm to TexasTiger08
quote:
On a smaller scale, weren’t there mass foreclosures in places like Fremont and Stockton in the past decade?
Yep, some California cities were very hard hit.
Posted on 3/3/18 at 6:50 pm to RogerTheShrubber
Serious question: What do the homes of poor people look like?
Posted on 3/3/18 at 6:53 pm to LSUfanatic
Apartments. Poor people certainly don't own much property in that area.
Posted on 3/3/18 at 6:55 pm to LSUfanatic
quote:
LSUfanatic
Is that really the Fanatic of old, say it's so?
Posted on 3/3/18 at 6:56 pm to Tigahs24Seven
It’s expensive because people want to live here. Supply and demand the way America intended it. I love it here.
Posted on 3/3/18 at 6:58 pm to RedRifle
That's a 75k dollar house all day long in South East Texas.
Posted on 3/3/18 at 6:58 pm to TexasTiger08
Prices after the foreclosures went up way more than they were before. Not saying there won’t be a correction but the amount of wealth in this area is insane. The house prices reflect that.
Posted on 3/3/18 at 7:02 pm to RedRifle
I bet the previous owner took the profits and moved up to Seattle to jack our prices up along with thousands of other Californians.
Posted on 3/3/18 at 7:03 pm to DavidTheGnome
quote:
I don’t get how regular businesses could exist there. With the $ per square foot of real estate being so high, you would think there wouldn’t be any gas stations or grocery stores or anything like that.
Commercial real estate isn’t as expensive. The 2M price tag is because of location. You’re 15 to 30 mins from google, Facebook, linked in, Amazon and a host of big tech names. If you work at one of these companies even at a mid management level, you can afford a down payment and the payment with 2 incomes. Because these companies make a ton of money and pay their employees well.
Posted on 3/3/18 at 7:19 pm to RogerTheShrubber
quote:
Going to be a bitch when the bubble bursts.
When does it stop being a bubble?
Posted on 3/3/18 at 8:30 pm to DavidTheGnome
quote:
I don’t get how regular businesses could exist there. With the $ per square foot of real estate being so high, you would think there wouldn’t be any gas stations or grocery stores or anything like that.
I don't get why startups and other internet companies feel the need to be located there. If you're a business owner, you'll have to pay out so much more in labor costs, rent for your office, taxes, etc.
It just doesn't seem to be the smart business model. It seems llike you could have your business in at least somewhere nearby that costs considerably less. Like Sacramento.
Posted on 3/3/18 at 8:48 pm to East Coast Band
You won’t get the tech talent that you do here. People tried that with Seattle which now has turned into a mini Bay Area. Top talent gravitates to the Bay Area and then people don’t relocate. It’s a cycle.
Posted on 3/3/18 at 8:52 pm to RedRifle
Had to be the wreaths.
Posted on 3/3/18 at 8:59 pm to teke184
quote:
More reason not to live in California for any amount of money.
Land is so goddamn expensive that you spend millions on a shitty house just for a tear down and rebuild.
quote:
Zachary, LA
Yeah bruh we know you ain’t moving to Cali
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