Good lord! Looking at the local real estate ads is like watching a horror movie! 😮 Prices have hit the stratosphere and are headed into orbit.
Here’s an aging tract house in my son’s neighborhood, nothing special: $389,000. What the hell do they think it’s made of???? And…have they ever heard of “taste”? That orange and black in the bedroom: eeeek!!! Wait wait! check out the blood-red bedroom!!!
Zillow thinks my son’s house is presently worth $498,000!!!
Let’s see what the prices are here in the ‘Hood…
One house for sale, right on a truly gawdawful main drag: 3 bedrooms, $420,000. And…1300 square feet; doesn’t even have a pool. WTF??? Here’s one up for auction(???!!!): it’s the same model as mine, $477,000.
Wow!
Now we begin to ask, am I going to be able to stay in my home? Because the taxes are gonna go into the stratosphere.
That’s what happened in Southern California when real estate prices went berserk. I had a cousin — an elderly woman who had lived in the same place for-freaking-ever — who lost her home because she couldn’t afford the taxes.
THIS is not good.
Oh, jeez! Here’s one right up the street from me…matter of fact, it seems to be the same model as mine: $635,000!!!!!!
Uhm…I may not be able to pay the taxes, either….