MIAMI, FLORIDA: HOUSING CRASH 50% OFF!!!!
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It's beautiful how this is unfolding as time marches onward.
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Basically, owning a house is not a right and a primary residence is a liability. Scams are not Deals.
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@BogotokionadX6 That's true. I know because I use to live in Coral Gables back in the late 1990s.They cared more about their property value than they did about you as a person.
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@00643981 Not only that, but after you buy the house you have to pay property tax or else you house will be taken. So you don't really own because it is like you are paying rent.
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Even at half price the vast majority of homes are still overpriced. No home should cost more than the lowest wage earner can afford to buy.
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he paid $176, 000. what's it worth today, Dec 2010?
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@gr8melinko in some areas of the country 176,000 for a condo is unheard of. That would be considered a real deal
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@monkeyman1140 what is a HOA fee? I live in a condo and it is hundreds cheaper a month than living in a home (in this area)
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@ssike0 you mean 200 grand in "todays" money? The condo I bought was way below market price at the time. In fact it was under tax assessment price. The sellers were desperate to sell it....they had money troubles.....baby on the way, paying a mortage on the condo and the house they just bought
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Miami has a lot of arrogant, cocky, conceited people, but otherwise, Miami is a cool, good city.
BogotokionadX6 3 years ago 6
Still to much money. Those boxes are not even worth $50.000!
thetruthisoutnow 3 years ago 3