On Fri, 10 Jul 2009 15:20:18 -0700 (PDT), zeez
wrote:
Ever notice that most apartment buildings have managers and that they
come in to do inspections, repairs, etc. Notice also that most people
who have to rent are usually in the lower income brackets? The gov't
raising property taxes and values over the past century are part of
the reason why home prices are so high.

Home prices are pretty much at an all-time LOW.

Do you have any idea what you're talking about?

Is something built years ago
which is little more than a pile of wood otherwise really worth the
hundreds of thousands of dollars or even the 10s of thousands that
they go for?

Depends. I know of a quarter-acre nearby, the house was condemned
years ago and had since collapsed on itself, and they wanted $400,000
for it but settled for $375,000.

What about the land that no human had any hand in
creating? I don't usually wear the in foil hat but I smell a rat here

Just say "No" to drugs...