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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (101822)2/23/2005 1:37:41 PM
From: Neeka  Read Replies (1) | Respond to of 793742
 
I have been keeping watch.......real estate is becoming so valuable and housing so scarce, regardless of location, that I expect prices to continue to increase substantially until city planners rectify the problem of the lack of affordable housing in urban locations.

Even Harlem has become chic......and expensive.

M



To: LindyBill who wrote (101822)2/23/2005 4:16:33 PM
From: Ish  Read Replies (1) | Respond to of 793742
 
<<The house I deeded over to my ex when we divorced a few years ago has doubled in value.>>

About 25 years ago a friend of mine built a house with the help of his uncle who was a carpenter. Later he got married and divorced, wife got the house as he didn't want to contest the divorce. Because the title was transferred it was treated as a sale and he had to pay income taxes on the amount the house had appreciated since he built it.


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