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What You Get for ... $300,000
NY Times ^
| January 17, 2007
| ANNA BAHNEY
Posted on 01/18/2007 7:32:21 PM PST by Lorianne
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To: Lorianne
Ha ha ha ha ha ha. This is funny. I'm not going to tell you what a small condo would cost you here on Maui. Guess. I'm building a fence on a ocean front property in Kihei right now. The lot was 13 million and the house is about 7 million. The fence is going to be about 22,000 dollars. (bamboo) Of course if you don't have that kind of money you can buy a condo with no view of the ocean for 600 thousand and up.
41
posted on
01/18/2007 9:45:04 PM PST
by
fish hawk
(. B O stinks. That would be body odor and Barak Obama)
To: Lorianne
And out of fairness, Lorianne, some respondents might be confusing you with the one or two folks on FR who seem to have a morbid obsession with housing prices and interest rates, and who post doomsday thread after doomsday thread as though the world will end unless we all do......well, something, but they never quite say just what.
To: Larry Lucido
I'm a free market advocate. As we can see from this thread alone, some people have made a lot of money on real estate that has gone up in value!
I'm quite intersted in real estate valuation and trends. Some people can make anything into something sinister.
43
posted on
01/18/2007 9:54:11 PM PST
by
Lorianne
To: Grizzled Bear
Cross country skiing in Honolulu? :)
44
posted on
01/18/2007 9:54:57 PM PST
by
Lorianne
To: highimpact
Total hogwash. I live in Florida. I have insurance, and I'm within a mile of the water.Thanks to Uncle Sam. Every home owner in Florida is suckling off big government's teat, after Andrew.
45
posted on
01/18/2007 10:00:01 PM PST
by
Alter Kaker
("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
To: Lorianne
To: Alter Kaker
Not true. Our biggest customer moved into the Florida market to do Hurricane Insurance a few months ago and is getting customers through the roof.
47
posted on
01/18/2007 11:04:37 PM PST
by
neb52
To: goldstategop
You got a good deal. My Step Grandparents paid $350,000 for a 2 Br in Frisco. I think that was 4-5 years ago.I think it is worth a little under $400,000 now.
48
posted on
01/18/2007 11:06:17 PM PST
by
neb52
To: neb52
Not true. Our biggest customer moved into the Florida market to do Hurricane Insurance a few months ago and is getting customers through the roof.But only because of government loan guarantees and subsidies. There's no shortage of customers in Florida, there's an excess of potential liability, which is why no insurer can afford to insure Florida without Uncle Sam's helping hand.
49
posted on
01/18/2007 11:44:03 PM PST
by
Alter Kaker
("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
Comment #50 Removed by Moderator
To: Lorianne
51
posted on
01/18/2007 11:53:41 PM PST
by
MaxMax
(God Bless America)
To: Lorianne
. . . disparity of housing prices across the country.
52
posted on
01/19/2007 12:06:16 AM PST
by
Petronski
(Who am I and why am I here?)
To: hairy plodder
I wasn't gloating, just telling the other poster he got a good deal. Yes the $400,00 is assumed on what others are willing to pay, but Frisco is in between Vail, Breckenridge, Copper Mountain, Keystone and Beaver Creek. This makes it a high demand town. The scary part is it is cheaper than Vail and Breckenridge since it is not an actual resort town. I would never pay that much for a condo, but my step grandparents can rent it out enough to cover the mortgage for the year and they even swap it with other condo owners in Hawaii, etc. Not to bad a deal other than they are getting to the point that the traveling up there is to hard on them.
53
posted on
01/19/2007 12:26:16 AM PST
by
neb52
To: Alter Kaker
No subsidies. I believe there is a State Fund that residents can pay into, but that is all the State of Florida offers.
54
posted on
01/19/2007 12:27:25 AM PST
by
neb52
To: neb52
No subsidies. I believe there is a State Fund that residents can pay into, but that is all the State of Florida offers.You are mistaken. The Federal Government's National Flood Insurance Program underwrites an astonishing percentage of the insurance policies issued in the state of Florida, as well as in other low lying and coastal areas around the country. If it weren't for the Federal Government's largess, nobody could afford to live anywhere near Florida's coast, at least not if they want insurance.
55
posted on
01/19/2007 12:34:31 AM PST
by
Alter Kaker
("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
To: Alter Kaker
Thanks to Uncle Sam. Every home owner in Florida is suckling off big government's teat, after Andrew. I beg your pardon? I guarantee I've put a lot more milk in that teat than I've sucked out.
To: Lorianne
You are advised not to speak for me. I can answer my own questions.Yes'M.
Comment #58 Removed by Moderator
To: Lorianne
$300,000 will get you a palace where I live, and I thank the good Lord daily that my part of the country is considered undesirable, may it ever remain so!
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