| My big question about real estate is can the boom continue, my friend and I just got in a huge fight the other night about it, her home just appraised out at 750,000.00 I put my foot in my mouth, told her to take the money and run. This is a very nice home in a good area, but its just a normal middle class, 2 car garage,little yard, that sits right behind a train track. When she is on her deck you cant talk cause the train is so loud. I have written this before on this thread also, that my sister is looking to buy a townhome and cant find anything nice for 500,000.00, and So how can this continue with business laying off ceo's etc. I just dont see how in 10 years people who bought my friends Nancy's house for 750,000 could get over a million for it, Call me crazy, but something just aint right in this picture. |