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To: snoringbear

He loses over 1,000,000 in about 1.5 years on the deal while RE prices are going straight up? Okie dokey.


17 posted on 01/19/2020 5:51:43 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2

All it says is he lowered the ASKING price $1 million. It doesn’t say what he paid for the place or if they spent a lot on renovations and improvements.

So we don’t know if he lost or made money.


43 posted on 01/19/2020 8:45:35 PM PST by ProtectOurFreedom
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To: dragnet2
He loses over 1,000,000 in about 1.5 years on the deal while RE prices are going straight up? Okie dokey.

Yep. While prices for average single family homes have risen, demand (and thus prices) for mega mansions has fallen.

48 posted on 01/19/2020 9:56:32 PM PST by Windflier (Torches and pitchforks ripen on the vine. Left too long, they become black rifles.)
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To: dragnet2
“ He loses over 1,000,000 in about 1.5 years on the deal while RE prices are going straight up? Okie dokey.” Well, Okie Dokey, you obviously don’t live in Texas - which is Okey Dokey with me 😉
53 posted on 01/20/2020 5:20:44 AM PST by snoringbear (,W,E.oGovernment is the Pimp,)
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