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> who the hell is buying these houses Sometimes people who make even more than you, or who inherited a significant amount. Most often, though, it's people who
by notacoward 3y ago
> who the hell is buying these houses
Sometimes people who make even more than you, or who inherited a significant amount. Most often, though, it's people who already bought and sold at least one other house. And often these categories overlap. A not-uncommon scenario is that the parents bought the house for absolute peanuts back in the 50s, then passed it on to their kids who sold it for a million or two so they could buy the houses you see. But whether the inheritance was dollars or a house, they'll never talk about it. "A little bit of a bump" is the most they'll admit.