if you had the chance to buy a two million dollar home would you and why. Or could you find a better way to spend the money.....
to me anyone that buys a home like that needs there head checked but thats just me.
2006-07-16 16:37:49 · 7 answers · asked by wardancer 3 in Business & Finance ➔ Renting & Real Estate
It all depends on the individual. To some people, 2 million is like 2 dollars. My friends and my wife's family have 3-4 million dollar homes. Their property taxes are higher than most people's income. So why not live in a 2 million dollar home if you can afford it?
The same could be said of anyone who lives in a 2 bedroom condo. Why pay so much for a two bedroom condo when you could have bought a studio or a one bedroom?
Get the point? Stop thinking like a Socialist or a Democrat, those systems always fail.
Regards
2006-07-16 16:52:40 · answer #1 · answered by Anonymous · 3⤊ 1⤋
If you are buying a house just for your own personal use, you should pay the price that you are comfortable with. If you buy a house for 2 million, and have a chance to sell it for 4 million then it might be a good investment. Right now the real estate market is going down, except in certain areas. You better investigate where those areas are if you expect to make some money on your investment
2006-07-16 16:48:51 · answer #2 · answered by Don M 1 · 0⤊ 0⤋
A 2 million dollar house in Florida or Mississippi will be completely different than a 2 million dollar house in New York or California.
If I were to buy a 2 million dollar house in California, it wouldn't be huge or impressive. If I bought one in Florida it would be nice and large.
2006-07-17 03:32:10 · answer #3 · answered by Ann Chovie 3 · 0⤊ 0⤋
two million isnt that much these days...i nice house on the lake worth side of palm beach can cost more than that...a nice regular sized house. 3-500 thousand is the norm in alot of places for suburban housing...so 2 mil isnt even a great mansion these days just a decent one......so yes if i was loaded i would probably move to a better place on the water somewhere for about that much or more depending on my situation...if u had said 10 million or 20 or 30 it wouldve started to get into the ridiculous
2006-07-16 16:45:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Sure, If I had another 10 million in the bank, and a continued sourse of income of 200 grand a year.
2006-07-16 18:59:55 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Heck no! That's ridiculous. No one needs a house that big.
2006-07-16 16:41:20 · answer #6 · answered by *AstrosChick* 5 · 0⤊ 0⤋
that price would only get you in the slums of some cities.
2006-07-16 16:51:07 · answer #7 · answered by blr931 6 · 0⤊ 0⤋