Not just in the U.S. A house around the corner from me was listed for $350,000 CAD. It was an absolute dump. Looked like your typical crack house. Completely

Not just in the U.S. A house around the corner from me was listed for $350,000 CAD. It was an absolute dump. Looked like your typical crack house. Completely falling apart and abandoned. The area is half decent though, and a friend of mine was looking to move here recently, with a budget of $400k. So I suggested this house to him. Apparently the house sold for $640,000 CAD. Almost double the asking price. For a teardown that's going to cost another $300,000 to turn into a decent house. I could not believe it. That same house would have sold for $50,000 in this area 10 years ago.