« First « Previous Comments 250 - 251 of 251 Search these comments
FAB, yeah I thought it would work itself out that way, too, that is why I bought TOL puts.
I did okay, but I would have done better buying KBH puts.
I guess the global redistribution of wealth upwards has helped maintain the price of high end homes. Let's see if that continues.
My dream house is "only" $2M anyway, so I don't think I am going to be helped much either way...
Jimbo: One thing I have often wondered is how many super-expensive homes get resold? They are often uber-customized for the original owner. It seems just as likely that someone who wants to build a $4M home would acquire the appropriate land and then build their own "perfect" home.
Of course, if you're going to buy or build a $4M home, then money probably isn't a concern anyway...
« First « Previous Comments 250 - 251 of 251 Search these comments
From a Malcolm S in San Diego:
#housing