Misslizard wrote:
I think real estate shot through the roof everywhere it’s nice to live.
Thirty years ago I paid $18,000 cash for an unfinished house on twenty acres.
A rough cabin on 60 acres near me is now listed for $500,000 and there is no water available, they will have to drill a well.
While it’s gone up significantly percentage wise, it’s still dirt cheap when compared to the expensive parts of the USA and Canada. $8k or so an acre is sweet f all.
Even with prices starting to fall here with rising interest rates, a 1/4 acre building lot in the suburbs with a pos old house on it ready to demolish and build something new is still $1.4M and then another several hundred thousand+ to build a house.
About 7 years ago the average construction cost for a new (regular 3000-3500sf, not a mansion) house in Vancouver with the expected finishings was $1M for materials & labour.
Acreage where you are has gone up about 9x in 30 years, but housing here has gone up about 20x over the same time period.
It’s all nuts. Waiting for Tyler Durden to reset everything.
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No
for supporting trump. Because doing so is deplorable.