Replies

To: Nachum

$500,000 is not the luxury market.

3 posted on 07/10/2014 7:15:48 PM PDT by ottbmare (the OTTB mare, now a proud Marine Mom)

To: ottbmare

It is around here. 500K buys a very nice home. It ain’t Bill Gates luxury, but it’s 4 times the value of my home.

6 posted on 07/10/2014 7:20:09 PM PDT by Lurker (Violence is rarely the answer. But when it is it is the only answer.)

To: ottbmare

No, but they ‘are’ more solid investments.

I live in a $200k house and it’s a complete POS (underwater, too).

7 posted on 07/10/2014 7:20:13 PM PDT by logi_cal869

To: ottbmare

“$500,000 is not the luxury market.”

—

I agree.

8 posted on 07/10/2014 7:23:49 PM PDT by Mears

To: ottbmare

Read the chart...that is the median cost....half higher and half lower - so there are many million dollar properties in that chart.

11 posted on 07/10/2014 7:48:03 PM PDT by Dave W

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