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Reply #60: I don't think there is anything in the "dollar" bin around here [View All]

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-27-06 03:34 PM
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60. I don't think there is anything in the "dollar" bin around here
Nothing that I would seriously consider. I have to say I am amazed at some of the prices. I rented for years and we still rent (pregenancy doesn't make for lots of weekends driving around). Our house is probably $280K and it ain't no $280Khouse neighborhood and all be damned.

Anyway here is something no one wants to mention. A huge elephant in the room the biggest really.

Okay here goes. All this BOOM in housing and house prices is the result of the technology boom of the 90's being over and something having to fill the void. So the Feds (W) cuts most funding to the localities so the only recourse they have is to bump up assessed value. See they need money for the cops and the firefighters and the roads and schools NOW!

Property values are inflated by the government not the market.
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