who can afford to buy homes in ca: The question is, "Who would buy an uninhabitable house for $400K?"
- 03/03/18 02:16 PM
The news exploded over a new listing of a 1036 sq ft home that is uninhabitable because of fire, yet is listed at $400K and received 17 offers. Read: Uninhabitable Oakland House With Collapsed Roof Hits The Market for $399,999
Who would buy that?
The answer is "Location, location, location."
It is a known fact that we have a severe housing crisis in the Bay area of CA, and perhaps in other parts of the state as well. By crisis we mean lack of affordable housing, low inventory of homes for sale, escalating prices.
In Paradise Park area of Oakland where this property is … (7 comments)
|
|
|
|
The news exploded over a new listing of a 1036 sq ft home that is uninhabitable because of fire, yet is listed at $400K and received 17 offers. Read: Uninhabitable Oakland House With Collapsed Roof Hits The Market for $399,999 
;)
;)
;)
