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re: Silicon Valley real estate is just stupid
Posted on 5/15/20 at 9:46 am to upgrayedd
Posted on 5/15/20 at 9:46 am to upgrayedd
quote:
My sister's bay area 1,000 sqft, 100 year old plain Jane house is going for $14,000/square
My great aunt bought a house in SF in the mid 40s for something like 25k and sold it for 2-3 million when she retired. It wasn't anything special either.
This post was edited on 5/15/20 at 9:46 am
3
Posted on 5/15/20 at 9:48 am to fallguy_1978
We paid around $600 per sq/ft
Posted on 5/15/20 at 10:14 am to fallguy_1978
quote:
My great aunt bought a house in SF in the mid 40s for something like 25k and sold it for 2-3 million when she retired. It wasn't anything special either.
If anyone had the foresight to buy out there, they’re on Easy street now. The tech boom of the 90’s through today has created quite the demand out there.
Posted on 5/15/20 at 12:38 pm to fallguy_1978
quote:
My great aunt bought a house in SF in the mid 40s for something like 25k and sold it for 2-3 million
I bought my first house for 120k and sold it for 0-1 million 5 yers later. There really are some good opportunities out there if you buy right.
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