$11/each
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Buddy of mine just sold his gorgeous house that he has lived in for over 20 years. I think he sold for far too little, but anything over $400k around here, sits for a while so he basically took a loss on the house for no good reason AFAIAC.
Now he can't find anything, so he rented an apartment/condo thing. Went from 2+ acres and a 4,000 sqft house to a 1200sqft apartment. WTF? He has more money than anyone I know too. He put his grand piano into storage! Ugh.
He told me that a basic construction cost, 2,000 sqft house is now over $400k to build around here.
That's just stupid.
