Reporters publish this same story, over and over, just changing the address and price, never once mentioning that the price is actually for the land alone and not for the house.
The price would be higher if the house were not even there at all, so the poor condition of the house is not news at all.
The goal is to get you to believe the housing market is hotter than it really is, and that you better get as deeply into debt as possible, right now or be locked out forever.
It's truly amazing that no one ever calls the reporters out on this deception.
What's the hitch? The hitch is that you cross the 580 freeway and you are in the Iron Triangle of Richmond. Tell the truth slime ball.
I used to work in Richmond and they haven't been able to sell out that complex for the past decade, ever since those were converted from apartments to condos.
The price would be higher if the house were not even there at all, so the poor condition of the house is not news at all.
http://www.sfgate.com/realestate/article/San-Francisco-fire-gutted-house-fixer-upper-12299857.php
The goal is to get you to believe the housing market is hotter than it really is, and that you better get as deeply into debt as possible, right now or be locked out forever.
It's truly amazing that no one ever calls the reporters out on this deception.
#housing