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Topic	23 yr single mom in 1988 with no education could buy a house
WingsOfGood 02/11/22 5:17:24 PM #100:	PoundGarden posted... Additionally, to further drive the point home that TC doesn't know dick about real estate, he's also confusing land value with property value. I guarantee the land that $950k house in his totally true and I'm sure not made up at all because nobody lies on the internet story sits on probably accounts for a large chunk of that value. Anyone that has even casually dipped their toes into real estate undertands this and has seen it on Zillow dozens of times. Unless that house has history there's no way a basic ass home increased 10x in value to almost $1m, it's the land. You can always build another house, can't make more land. What do you think my parents $30k house they bought in the 80s, not in a prime place like the Bay Area is valued at today? In addition, this is no different than you same stupid argument that houses go up over time not realizing how wages did not keep up which TONS of people ITT pointed out but you somehow could not comprehend <cite>WingsOfGood posted [p:962569153] in 23 yr sing... [t:79894750]...</cite> <quote>PoundGarden posted... </cite> <quote>Additionally, to further drive the point home that TC doesn't know dick about real estate, he's also confusing land value with property value. I guarantee the land that $950k house in his totally true and I'm sure not made up at all because nobody lies on the internet story sits on probably accounts for a large chunk of that value. Anyone that has even casually dipped their toes into real estate undertands this and has seen it on Zillow dozens of times. Unless that house has history there's no way a basic ass home increased 10x in value to almost $1m, it's the land. You can always build another house, can't make more land.</quote> What do you think my parents $30k house they bought in the 80s, not in a prime place like the Bay Area is valued at today? In addition, this is no different than you same stupid argument that houses go up over time not realizing how wages did not keep up which TONS of people ITT pointed out but you somehow could not comprehend </quote> ... Copied to Clipboard!
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