[Texas_Dawg]

Our house cost $23k. The same house 27 years later costs $340k.

Only on FR is a 1,478% increase in the value of your home a bad thing.

[dogbyte12]

Sigh. pointless. I give up. Go back to mocking and calling everybody a racist with your lawyer friend OPH.

If you really believe that having entry level houses valued at $340k is a good thing for society, I see where the issue is. You say, great on the person who owns it now. Screw young couples. Just because a young couple used to be able to buy a house in California easily before, it's just too bad they can't now.

That is what you believe. Fine. I differ. I think the inner cities, wandering fathers, divorce, decay in society are a result of your attitude. After all, one can afford that house by selling drugs. That money is still green isn't it?

[Tokhtamish]

Given the replacement cost, the "profit" is meaningless. It can only be realized if you move to a much less desirable location.

You will always need a place to live, so one house has to be replaced with another.