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Have you taken a look at the real estate markets in Austin, Pittsburgh, or Raleigh? "Buy low, sell high" is the adage of any savvy investor -- the markets in S
by Hydraulix989 9y ago
Have you taken a look at the real estate markets in Austin, Pittsburgh, or Raleigh?
"Buy low, sell high" is the adage of any savvy investor -- the markets in SF have been stagnant for years now.
- closeparen 9y agoWhat? The median San Francisco house is up 6.8% between 2016 and 2017.
- deleted 9y ago[deleted]
- throwawayjava 9y ago> Austin, Pittsburgh, or Raleigh My post was about the Midwest [1]. None of these are in the Midwest [2]. Except maybe Pittsburgh. Pittsburgh is technically not Midwestern because it's slightly more than a commute away from Ohio. But it's also actually not Midwestern because it's not a good prototype for a typical Midwestern city. "The Midwest" does not mean "not the coast". Also, all three of these are in the "coastal states" I'm contrasting with the Midwest. > the markets in SF have been stagnant for years now. Yes, I repeated some rendition of "except SF, which is uniquely terrible even among coastal places" many times in my post. And the problem with SF isn't lack of predictable appreciation. The problem with SF is that you can't afford to make the investment in the first place. [1] https://ces4thgradewiki.wikispaces.com/Midwest+Region+of+the+United+States https://ces4thgradewiki.wikispaces.com/Midwest+Region+of+the... [2] PA and NC are mid-Atlantic and Texas is most certainly in the South.
- deleted 9y ago[deleted]
- dmode 9y agoThis is the first time I have heard that SF housing market has been stagnant for years. I made 200k profit on my 600k house in East Bay in 2 years (sold in 2016). That house is up another 100k. So not sure what you are referring to here.