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there is a war going on


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2010 Mar 15, 8:04pm   1,159 views  0 comments

by mommy1   ➕follow (0)   ignore (0)  

Recently inquired about a house listed for 939,000. Here are the redfin stats:

Property History for 4262 RIVERTON Ave
Date Event Price Appreciation Source
Mar 12, 2010 Relisted -- -- TheMLS #10-427095
Mar 11, 2010 Relisted -- -- SoCalMLS #F1833258
Mar 10, 2010 Delisted -- -- TheMLS #10-427095
Mar 10, 2010 Delisted -- -- SoCalMLS #F1833258
Feb 09, 2010 Listed $939,000 -- TheMLS #10-427095
Feb 09, 2010 Listed $939,000 -- SoCalMLS #F1833258
Aug 29, 2006 Sold (Public Records) $730,000 50.0%/yr Public Records
Mar 07, 2003 Sold (Public Records) $178,000 -4.8%/yr Public Records
Jul 31, 1997 Sold (Public Records) $235,000 26.2%/yr Public Records
Apr 29, 1996 Sold (Public Records) $175,500 -6.0%/yr Public Records
Oct 26, 1988 Sold (Public Records) $279,000 -- Public Records

So, what do you think the house is really worth? 175,500 or 939,000?

I inquired about the house being for lease, since it has a "for lease" sign on it, and was told by the realtor that it was not for lease. That may be so, but he added a "good luck" in there. Was that necessary? Was that glib?

Some poor sap will come snatch this gem up for nearly a million and the rest of us poor sops earning a regular "average wage" of the area are wished best of luck?

I just have to think that we're not just in a downturn with this bubble still, that a deeper rooted issue of value and classes and entitlement has turned this country into an war zone, and not just in the sense that we're pushing against inflated values. We've got a whole new level of attendees who have managed to ride this wave and refuse to get off. They are determined that they will win and that the big bucks will keep sending sunshine up their arses.

I just want to say to that realtor, best of luck to you, sir, you are more in denial than I thought people really are. I'll keep renting, I don't need luck to do that. Thanks so much for your condescending email, also. I know it wasn't intentional that you wanted to put down a long-time working, practical (actually likes the fundamentals), wanna-be house owner. Realtors like yourself are like addicted gamblers and are really the ones who need the luck, yes?

#housing

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