Tilted Forum Project Discussion Community - View Single Post - 31% of U.S. housing market "extremely overvalued": new study

ngdawg · 08-18-2005, 10:17 PM

I live in the oldest section of our town. Across the street are two warehouses seperated by a plot of treed land-fenced in. My block was originally owned by a family and we live in their first house, built about 1915.
Two houses up from us, directly across from the first warehouse, a house built about 1930 is on the market for $284,900. It has 3 bedrooms, no AC, a fireplace and a 2 car garage. We have no sidewalks and most of the houses are less than 20ft off the street edge-ours is about 10 feet off. Taxes run over 4 grand a year, most plots are 50x100ft and ours are the cheapest taxes in town.
I hate it here.....it's congested, it's noisy with everyone on top of each other, we can't afford to live here and can't afford to move because if we were to get even $250,000 for this shithole, we couldn't afford anything remotely better. We bought this house 20 years ago for $95,000 and my family thought we were out or our minds paying that.

08-18-2005, 10:17 PM	#14 (permalink)
ngdawg peekaboo Location: on the back, bitch	I live in the oldest section of our town. Across the street are two warehouses seperated by a plot of treed land-fenced in. My block was originally owned by a family and we live in their first house, built about 1915. Two houses up from us, directly across from the first warehouse, a house built about 1930 is on the market for $284,900. It has 3 bedrooms, no AC, a fireplace and a 2 car garage. We have no sidewalks and most of the houses are less than 20ft off the street edge-ours is about 10 feet off. Taxes run over 4 grand a year, most plots are 50x100ft and ours are the cheapest taxes in town. I hate it here.....it's congested, it's noisy with everyone on top of each other, we can't afford to live here and can't afford to move because if we were to get even $250,000 for this shithole, we couldn't afford anything remotely better. We bought this house 20 years ago for $95,000 and my family thought we were out or our minds paying that. __________________ Don't blame me. I didn't vote for either of'em.