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Old 07-27-2005, 02:14 AM
Elspeth Elspeth is offline
Imperial Majesty
 
Join Date: Jan 2004
Location: ***, United States
Posts: 17,183
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I'm not the one living in a tiny million-dollar home; that's ailstalia. Have a look at her profile and then check out the data. I'm looking at one listing in that city; 2 bedrooms, 1 bath, 68 years old, 1200 square feet, 1-car garage, listed for $989,000. And one with 2 bedrooms, 1 bath, 52 years old but remodelled, less than 1000 square feet, 2-car garage, $1,095,000. One with 3 bedrooms, 2 baths, 2-car carport (no garage), 53 years old, 1900 square feet, $1,274,000. And those are typical prices. She absolutely is not exaggerating.

Plus, remember, if you've got a large loan on a million-dollar house, you are not only not a millionaire, but you're paying a huge chunk of change to the bank every month. The only good thing is that real estate appreciates fast there, but the problem is that when you buy, everything is correspondingly more expensive.

Last edited by Elspeth; 07-27-2005 at 02:16 AM.
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