[Homestead] Bulting, remodelling costs skyrocketing

tvoivozhd tvoivozd at infionline.net
Mon Feb 7 11:39:57 EST 2005


Gene GeRue wrote:

>
>> Who ARE these people?   Where in world are getting 200K to REMODEL
>> a ROOM?  This is just beyond my expectations and experience, even
>> here in the relatively well-to-do RTP area of North Carolina.
>>
>> Is this way the people on the "coasts" really live?
>
>
> Not only on the coasts. I saw it in Dallas. Expensive remodeling is 
> standard practice here in the Phoenix-Scottsdale area. Lots of rich 
> people. The practice is especially common in Paradise Valley, which 
> has one-acre minimum, magnificent mountain views, including Camelback 
> Mountain, and superb central location. It is where Barry Goldwater 
> lived. It is where Stevie Nix lives and other names you would 
> recognize. Many of the houses were built in the sixties and seventies. 
> Some, the few still under a million, are bought as tear-downs, for the 
> lot on which to build new mansions.
>
> This is part of America.
>
> tvoivozhd---yup.  In any serious (increasingly possible) economic 
> meltdown ,  these would be the new Okies and their conspicuous 
> consumption neighborhoods the new dust bowl.






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