It's not fair! How could this happen to me?!
2006-06-24 22:29:35 · 15 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Hey, I live in West Palm Beach and the houses are over a mil...stop whining.
2006-06-24 22:33:31 · answer #1 · answered by Boom 4 · 0⤊ 0⤋
Remember the old saying? "You get what you pay for"!!!
Let me give you the reasons why this happens in California.
This is one place where the climate is always great. So most people love it. Most industry has been attracted to this area. This results in shortage of space and hence the pricing pressure. Climate also contributes to great Agriculture. Most of the land is land-locked, meaning there is hardly any space to expand that increases the pricing pressure.
If taxes are a killer, they are a boon when you buy a home. You get great tax breaks, not possible in most other states.
I am a Licensed Realtor working for Century 21 in San Jose, California.
2006-06-28 12:11:37 · answer #2 · answered by amolheda 3 · 0⤊ 0⤋
What? There are houses all over that cost more than a million, but especially in California because everyone wants to live here (including yourself apparently)...and I must admit, living here in California rocks. I live in a moderate suburban home near San Francisco and my house is already upwards of a mill.
2006-06-25 05:33:47 · answer #3 · answered by o0o_scandalous 3 · 0⤊ 0⤋
So, Move.
I have a 5600 square foot house with 6 bedroooms, 4 baths, den, family room, living room, eat in kitchen, formal dining room, 2 car garage, a finished basement that we use for our business on 5 acres with a swimming pool.. And it was nowhere even close to 1 mil.
Although, you would have to come to Alabama first. Of course, you could just start saving to stay there and keep complaining :)
2006-06-25 05:41:56 · answer #4 · answered by Jen 6 · 0⤊ 0⤋
California rips people off in the housing market. here in Arkansas you can get the same house for 1/20th of the cost of California.
2006-07-09 01:36:18 · answer #5 · answered by JENNLUPE 4 · 0⤊ 0⤋
Nothing is fair. You think it is bad now, with the way the economy is heading and foreign nation control the economy, million dollar houses now will be worth anything.
If you wait, you may be able to buy a million dollar home for a faction of yesterdays price. Notice, that's my option.
2006-07-09 00:41:27 · answer #6 · answered by timer 3 · 0⤊ 0⤋
Yup .. that's the price of supply and demand.
BTW, experts say that the housing market is going to tank in about a year and a half. A good sign would be where rent is cheaper than mortgage.
For now, rent and try looking into forclosures or real fixer-uppers.
2006-06-25 05:33:36 · answer #7 · answered by scavenger_meat 3 · 0⤊ 0⤋
Stop whining and move to Ohio.
I have a 1500 sq ft, 3 br house in a decent neighborhood.
I paid under $50,000.
2006-06-25 14:58:52 · answer #8 · answered by Anonymous · 0⤊ 0⤋
What happened to you?
$1M will not get you a back yard in a decent area of Los Angeles. But it's SO much fun to live here.
2006-06-25 15:40:30 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Come to Georgia, I'll sell you 61 acres for 1.2 Million
2006-07-07 23:26:49 · answer #10 · answered by samanthajane19 2 · 0⤊ 0⤋