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I was blown away my Grandma got $800,000.00 for a $30,000.00 house. Cannot imagine it being 1-2 million in that area now. Crazy. Honestly I would not pay 1 million plus to live there. We had relatives on a place nearby called Sanibel Island. That is where I would live for 1-2 million. Not Cape Coral.Thanks for so much thoughtful info. Yeah, Sanibel Island is nice. The key distinction with Cape Coral is being directly on the "river" (best), within short distance to the river with no bridges in the way (OK), merely on one of the canals with a long ride to get out and no hope with a sailboat mast (no thanks), and, finally, not even on the canal (at which point the land value is practically zero).
Could someone tell me what they think of this place?
Michael Cooke saysThey are now in the process of slowly turning my hometown into the place they ran away from.
This is happening to many unspoiled Red areas across the country.
A possible upside:
If the liberal idiots move to a majority red state, they probably won't have the numbers to change, say, the electoral college votes.
But they will be draining liberal votes from their own states.
HeadSet saysMichael Cooke saysThey are now in the process of slowly turning my hometown into the place they ran away from.
This is happening to many unspoiled Red areas across the country.
A possible upside:
If the liberal idiots move to a majority red state, they probably won't have the numbers to change, say, the electoral college votes.
But they will be draining liberal votes from their own states.
Yes, they will have the numbers to change local and statewide elections. Example - Virginia and Georgia. Next, North Carolina.
But they will be draining liberal votes from their own states.
Patrick saysBut they will be draining liberal votes from their own states.
Find me an example of this, because I'm stumped. Have yet to see a blue state flip red due to out migration.
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I just don't get it.
Your Mobile Home is going to run on average maybe $50k, that's an average of decent new ones vs. older ones.
So you're looking at around $500/month financing. Then you pay lot rent of $700-800. Total of $1300, say.
Plus you still have to do maintenance of mobile homes, they get roof leaks and window leaks and clogged vents like any house.
For $1300 you can rent a 2-bedroom house/apt in most parts of the country where trailer parks are to be found, like Northern Florida. Or pay the mortgage on an older but decent house, and not only own the house but the underlying property, eventually. With "Lot Rent" you only own the depreciating mobile home asset.
Hell, for $1300 you can finance both the underlying piece of land AND the mobile home in most rural/outer suburban areas where most trailer parks are located anyway.