[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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