Housing Market Declining Rapidly

Happy Monkey · 03-29-2006, 11:40 AM

Quote:

Originally Posted by Kitsune

Hey, at $175,000 for a single bedroom in a market where everyone decided to convert to condos, we didn't think they'd be going like hotcakes, or anything.

My single-bedroom condo is between $300k and $350K right now. If I wanted to leave the area, I'd be a pretty wealthy fella. It's sorta crazy out there.

glatt · 03-29-2006, 12:33 PM

Every once in a while, I feel all smug and superior at the insane value of our house, until I come back to reality and remember that the fuckers tax me based on its value. I ain't goin' nowhere, and I get to pay extra for the privilege.

jinx · 03-30-2006, 01:00 PM

Quote:

Originally Posted by glatt

Every once in a while, I feel all smug and superior at the insane value of our house, until I come back to reality and remember that the fuckers tax me based on its value. I ain't goin' nowhere, and I get to pay extra for the privilege.

One of the extra wonderful things about living in this historic distric are our low taxes (just over 1K/yr). I can look out my front door at townhouses that are just outdside the district paying $4K+. Everyone in the boro gets to pay $2 each for trashbags on top of it.
We won't be moving anytime soon...

Kitsune · 03-29-2006, 03:37 PM

Quote:

Originally Posted by Happy Monkey

My single-bedroom condo is between $300k and $350K right now. If I wanted to leave the area, I'd be a pretty wealthy fella. It's sorta crazy out there.

DC, SF... those are two very special places right now.

Yeah, I'm just going to wait another year or so. No hurry. We're seeing 1920's Florida all over again (1980s all over again for the condo market) and it's just time to let it ride.

xoxoxoBruce · 03-29-2006, 04:39 PM

You mean all those people that use to have good jobs, but now have to work at walmart and home depot, aren't buying as many $400k homes as they used to?
What a bunch of unpatriotic ingrates.

barefoot serpent · 03-30-2006, 03:29 PM

Quote:

Originally Posted by Happy Monkey

My single-bedroom condo is between $300k and $350K right now. If I wanted to leave the area, I'd be a pretty wealthy fella. It's sorta crazy out there.

That's because you aren't a US Congressman
Jim Ryun (R-KS) sweetheart DC property

03-29-2006, 04:39 PM	#5
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	You mean all those people that use to have good jobs, but now have to work at walmart and home depot, aren't buying as many $400k homes as they used to? What a bunch of unpatriotic ingrates. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

03-29-2006, 12:33 PM	#2
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	Every once in a while, I feel all smug and superior at the insane value of our house, until I come back to reality and remember that the fuckers tax me based on its value. I ain't goin' nowhere, and I get to pay extra for the privilege.

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