Trouble in Paradise
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Re: Buying a home drama
Clicky:
http://community.thenest.com/cs/ks/forums/thread/63102825.aspx
Currently Reading: Don Quixote by Miguel De Cervantes
Currently Reading: Don Quixote by Miguel De Cervantes
I think the Wish poster is being a huge DB. It's a fact that cheaper houses bring down the value of already existing expensive houses in the neighborhood. On the flip side, expensive houses bring up the value of already existing cheaper houses in the neighborhood. It has nothing to do with not wanting "those people" in the neighborhood. Buying and selling a house is about business. You want a house you can sell for more (or the same in today's market) than you paid for it. So anything that brings down the value of your house sucks. That's why one of the cardinal rules of home buying is to avoid the most expensive home in a neighborhood because your house's value will bootstrap onto the other houses and you can't really add value.
And Wish is making a piss poor assumption. For all we know, the OP could live in an 800k community and she's kvetching about the 700k houses being built now. You know, the houses with vinyl siding in the back instead of all brick.
That still brings down the value of her property, but not exactly is an attack of individuals moving into her neighborhood.
Currently Reading: Don Quixote by Miguel De Cervantes
Well yeah. But, she's like 5 minutes away from having a baby, so histrionics are understandable. Oh crap, now I'm being hypocritical, because I know I've said before that you don't get a free pass to be a b!tch just because you're pregnant. Pregnant women are insane though.
Plus, I don't believe that. I was poorer than dirt for a long time, and I'm a total snob now.
Yeah... I'm very similar. Although I don't think you or I would throw out the old "I was poor once so I get a free-snobbery-pass"
Currently Reading: Don Quixote by Miguel De Cervantes