appreciation over 20 years in maine and elsewhere: The Good Ol Days
- 09/24/08 04:47 PM
Today I was speaking with a guy from my neighborhood and he was telling me about when he purchased alot of buildings 10 or 15 years ago or more. He used to buy them at 25 or 30k and a few years later sell them for 80 or 100k. Then there was the one that got away, a building offered at 90k and at the time the numbers did not work. Think of that?!!? Even in todays market , the kind of buildings he was buying would cost at least 250k, maybe 300 or more. Ive heard stories like this … (0 comments)
Today I was speaking with a guy from my neighborhood and he was telling me about when he purchased alot of buildings 10 or 15 years ago or more. He used to buy them at 25 or 30k and a few years later sell them for 80 or 100k. Then there was the one that got away, a building offered at 90k and at the time the numbers did not work. Think of that?!!? Even in todays market , the kind of buildings he was buying would cost at least 250k, maybe 300 or more. Ive heard stories like this … (0 comments)
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