How are your investments doing?

[lman]

That's a going rate for apartment rentals around here.

Houses, cost even more.

Probably paid with Federal government tax money that we paid.

 

[MossRoad]

... $37k/mo
....

Not too long ago that was my annual pay.

 

[ponytug]

Not too long ago that was my annual pay.

Exactly. Well out of my league.

@ultrarunner No, not even Atherton, or Monte Sereno. A corner of Los Altos, rather close to Mountain View.

All the best,

Peter

 

[riptides]

Exactly. Well out of my league.

All the best, Peter

I recall my first paycheck. I think I blurted out something like what the hades is FICA?

 

[DarkBlack]

That's not how that works. 3yr and 5yr numbers are always reported cumulative.

? What did I say that’s, “not how it works”?

 

[ultrarunner]

So do they live in it or abnb?

I guess I would never live where homes are that expensive.

Rental from shortest of 1 year to longest 4 year for the Colonel who has his daughter in the local High School and used housing allowance.

 

[ultrarunner]

Exactly. Well out of my league.

@ultrarunner No, not even Atherton, or Monte Sereno. A corner of Los Altos, rather close to Mountain View.

All the best,

Peter

Oh my… my father owned clear several acres in Monte Serena… after I was born the bills started to pile up and he let go of his dream and sold the property… in the 80’s 800 to million homes on the property… no idea the cost 40 years later…

My birth changed many things including moving from Santa Clara to Oakland California to accept a steady job…

If only a crystal ball for a look into the future.

 

[ultrarunner]

So do they live in it or abnb?

I guess I would never live where homes are that expensive.

I’m a bargain with 5 bedrooms on 17 waterfront acres compared to local listings…

Homes For Rent in the Olympia, WA, Area

Hometown Property Management offers homes for rent in the Olympia, WA, area. Check out our available rentals & search for homes by visiting our site today.

www.hometownpm.com

 

[plowhog]

A friend's family just sold a 3 bedroom, 3 bath, 1,790sq.ft. family home for $5.6M.

Housing values are driven by location, density, cost of new construction, and more.

Yesterday I walked my dog past a nearby house for sale. The broker wrote:

"Recent new-construction in the area has commanded approximately 1,300+/-sf"

$1,300 ft ???

Neighbor sold two years ago at $1,000/ft, and I thought that was astronomical ...

 

[Fuddyduddy1952]

I've never understood property values. I guess it depends on what appeals to the tastes of the majority? My wife & I have had two addresses, both born/lived in same town about 12 miles from where we've lived now 45 years. Last year I found a place for sale, beautiful new 4.3K' home on 175 acres that was bordered by hundreds of acres all around in a conservancy (beautiful old forest). Miles of new fencing, paddocks, 18 horse stalls, lots of buildings, arenas, beautiful creeks, lake, custom riding area custom designed (that alone was a mil), water & electric most everywhere, postcard views, off of a secondary paved road with almost no traffic (house 1/2M off the road). Generac generator...list goes on. 10 miles South of a nice town with all the shopping/restaurants you'd need & 10 miles North of an exclusive large lake (20,600 acres) with restaurants, shopping.
Wife didn't want to move (15 miles from home now)...too sentimental.
That place sold for $1.25 Mil.
If someone were to board horses that alone would way more than pay mortgage.
We visited a good friend & his wife in Palos Verdes, Ca. in their 1K' townhouse, one of hundreds in this complex, no yard (zero), 2 car garage. We had to park on the street far away.
We ate in a restaurant not far, $65 pizza worse than Dominos. His place is worth about that.
??????