Re: MONEY Report .... |
Subject: Re: MONEY Report .... by Ultraman on 2010/11/16 22:13:27 Out here in the Heartlands we never saw the upheaval that the other more fashionable areas did. In fact with the good prices for crops we have seen many new homes being built in our area. Having been in home construction early on in my life I got to know how the cost of building a house worked. The cement and 2 X 6's and shingles only cost so much, add to that the labor and what the lot costs then you have a real time price. That doesn't work on the west coast or other parts of the country where a lot of folks live and were seeing those costs inflated by X amounts and still people were throwing money at them. 2 or 300K buys a real nice place out here but not much in L.A. Of course we have snow and cold and lots of heat and humidity. |