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Here's an example from a conversation I had today...
Bought the house in 1994 for $200,000. Had it valued the other week... $690,000!
House up the road sold for $600,000 and the owners tore it down to build another house on the land. Overheard woman talking to her mom about a super-upmarket one bed unit for only $390,000! Young guy bought a place two years ago for $180,000 and it is now valued at $400,000 and he can't afford the taxes. HA! Crazy. Michael Ross No craziness here |
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