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re: Zillowed Compton, CA

Posted on 2/19/18 at 12:59 pm to
Posted by baldona
Florida
Member since Feb 2016
24485 posts
Posted on 2/19/18 at 12:59 pm to
quote:

I live in a "gentrifying area" in Nashville


Its all about location as said. The areas that were right outside of "downtown" in the 50s and 60s that turned into the ghettos in the 80s and 90s are now location wise highly sought after. I mean proximity matters, you can live way out in the burbs or you can buy a lot in the gentrified areas and tear down the house.

Yes there are a ton of 1000-2000 sq ft houses being torn down in nashville so their lot can be turned into 3-4 4000+ sq ft houses.
Posted by Retrograde
TX
Member since Jul 2014
2914 posts
Posted on 2/19/18 at 1:01 pm to
A cookie cutter 300k house in theHouston suburbs is like 2m+ near LA.

Every time I have to go out there I don’t understand how people live.
Posted by dewster
Chicago
Member since Aug 2006
26627 posts
Posted on 2/19/18 at 1:04 pm to
quote:

Zillowed Compton, CA



Wow. Pittsburgh winters don't seem that bad anymore. Thanks!
Posted by 91TIGER
Lafayette
Member since Aug 2006
19641 posts
Posted on 2/19/18 at 1:07 pm to
Here's 400K for 1300sq/ft



"Need Purp" ? Purple drank

Posted by stout
Porte du Lafitte
Member since Sep 2006
184625 posts
Posted on 2/19/18 at 1:07 pm to
Yea the cost of living out here is out of control. Got a flyer in the mail the other day for houses for sale in my area. I think the cheapest on there was right at $500 per living sq ft and those are usually torn down for the lot to build something more modern and larger on.

I am on the border of Hermosa Beach and Manhattan Beach. Both are now more expensive than Bel Air I read the other day.

quote:

In 2016, Forbes ranked Manhattan Beach at #74 on its list of America's most expensive zip codes with a median home price of $2,815,327. According to a May 18, 2017 Property Shark study the City of Manhattan Beach 90266 zip code ranked as the 32nd most expensive zip code in the United States. According to a December 2017 Property Shark study the City of Manhattan Beach had the highest median price per square foot for residential properties ($943 per foot) of all 88 cities in L.A. County.




Compton is only 30 minutes away from me. Been there once and don't care to go back.
This post was edited on 2/19/18 at 1:10 pm
Posted by PortHudsonPlaya
Houston
Member since Jul 2017
3170 posts
Posted on 2/19/18 at 1:09 pm to
What's weird is that the costs to rent a nice downtown 1BR or studio apt in LA is about the same as in Austin or Houston.
This post was edited on 2/19/18 at 1:10 pm
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53837 posts
Posted on 2/19/18 at 1:09 pm to
quote:

Here's 400K for 1300sq/ft

I wouldn't live in a dump like that. I'd just move somewhere else that's cheaper
This post was edited on 2/19/18 at 1:13 pm
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
11829 posts
Posted on 2/19/18 at 1:12 pm to
This 800 sq. foot gem is going for $650K in Austin.





Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 2/19/18 at 1:14 pm to
At 20 years old I bought an 1800 sqft starter home that was brand new in Watson for $85K. My ex wife's uncle lived in San Diego in a 50 year old 1400sqft home that he bought 15 years before for $500K and it wasn't any nicer than mine. This was almost 20 years ago so I can't imagine what it is now.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53837 posts
Posted on 2/19/18 at 1:15 pm to
My sister (no pics) lives in Austin. Her house is 2906 sq ft and zillow estimates it at 968k
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
52647 posts
Posted on 2/19/18 at 1:15 pm to
A guy I work with lives in Mission Viejo. Purchased his house 25 years ago for $185k. Valued now at over $850k. But his property taxes are about one-third of mine and my home is valued at $550k. His house would be worth $300k in my area. Maybe.

But he pays a shite ton of state income taxes. Like, between him and his wife they pull about $400k a year in income. They pay around $45K of that to the state. Not Federal. State. Holy frick.

He's looking to get out and sell the house.
Posted by tigerinthebueche
Member since Oct 2010
38239 posts
Posted on 2/19/18 at 1:16 pm to
quote:

This is $360k in my neighborhood (1,400 sq ft)



scratches Nashville off his list
Posted by 91TIGER
Lafayette
Member since Aug 2006
19641 posts
Posted on 2/19/18 at 1:16 pm to




quote:

This 800 sq. foot gem is going for $650K in Austin.



Calling Chip and Joanna

Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
11829 posts
Posted on 2/19/18 at 1:18 pm to
American cities are turning European.

Poor people heading to the suburbs as city centers and former slums gentrify.
This post was edited on 2/19/18 at 1:19 pm
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43551 posts
Posted on 2/19/18 at 1:21 pm to
Austin is the clear case of Californians turning Austin into the new Silicon Valley.

They are like a virus that spreads. Driving up housing and making red areas turn blue.

Friggin scum.
Posted by Pax Regis
Alabama
Member since Sep 2007
15393 posts
Posted on 2/19/18 at 1:23 pm to
quote:

They pay around $45K of that to the state. Not Federal. State. Holy frick



frick that noise. No wonder the California looney bins are leaving for Texas.
Posted by 14&Counting
Dallas, TX
Member since Jul 2012
42416 posts
Posted on 2/19/18 at 1:24 pm to
quote:

I bet some mean games of dominoes went down on that backyard patio table.



Yeah,,,,I expected to see Ice Cube out back grilling, drankin' a 40 oz. and playing dominoes
Posted by Napoleon
Kenna
Member since Dec 2007
74900 posts
Posted on 2/19/18 at 1:25 pm to
I had zillow on when driving around la. It amazes me what it costs to live in the hood out there. A house in Compton costs about what a house in old Metairie costs.
Posted by Jim Rockford
Member since May 2011
106105 posts
Posted on 2/19/18 at 1:27 pm to
In Japan, multigeneration mortgages are a thing.
Posted by Napoleon
Kenna
Member since Dec 2007
74900 posts
Posted on 2/19/18 at 1:29 pm to
They need purp. Lol
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