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Default For Sale. $241 Million, 18,000 Square Feet

This place in London might be livable.
https://www.msn.com/en-us/money/news/london-penthouse-offered-for-sale-for-dollar241-million-by-entrepreneur-nick-candy/ar-BB1fEaA6
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Default For Sale. $241 Million, 18,000 Square Feet

On 4/14/2021 6:22 PM, Dean Hoffman wrote:
This place in London might be livable.
https://www.msn.com/en-us/money/news/london-penthouse-offered-for-sale-for-dollar241-million-by-entrepreneur-nick-candy/ar-BB1fEaA6
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Yeah, it nice but I'd have to repaint the bedroom. Don't like the
color. I want something move in condition.
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Default For Sale. $241 Million, 18,000 Square Feet

On Wed, 14 Apr 2021 15:22:34 -0700 (PDT), Dean Hoffman
wrote:

This place in London might be livable.
https://www.msn.com/en-us/money/news/london-penthouse-offered-for-sale-for-dollar241-million-by-entrepreneur-nick-candy/ar-BB1fEaA6
Text only.



If you were to ask me pre-pandemic - what sectors would see
a dramatic boom - real estate would not have made my list.
Is it like this in other places ?
In southern Ontario and in many other places in Canada -
the real estate boom is .. well .. booming ! Bidding wars ..
Who'da thunk it.
Low mortgage rates - for sure - but but ..
... very precarious employment ;
... over-spent governments at all levels ;
.... global unrest ; etc .
I'd be a little leery of signing onto a huge mortgage
under these conditions - I guess the young'uns
still feel secure for some strange reason ?
.. or it's foreign big money ? speculators ?
Dunno.
John T.

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Default For Sale. $241 Million, 18,000 Square Feet

On Wednesday, April 14, 2021 at 6:48:13 PM UTC-5, wrote:
On Wed, 14 Apr 2021 15:22:34 -0700 (PDT), Dean Hoffman
wrote:

This place in London might be livable.
https://www.msn.com/en-us/money/news/london-penthouse-offered-for-sale-for-dollar241-million-by-entrepreneur-nick-candy/ar-BB1fEaA6
Text only.

If you were to ask me pre-pandemic - what sectors would see
a dramatic boom - real estate would not have made my list.
Is it like this in other places ?
In southern Ontario and in many other places in Canada -
the real estate boom is .. well .. booming ! Bidding wars ..
Who'da thunk it.
Low mortgage rates - for sure - but but ..
.. very precarious employment ;
.. over-spent governments at all levels ;
... global unrest ; etc .
I'd be a little leery of signing onto a huge mortgage
under these conditions - I guess the young'uns
still feel secure for some strange reason ?
.. or it's foreign big money ? speculators ?
Dunno.
John T.


The closet city to me is Lincoln, NE. Housing prices are up 13% from last year.
Houses sell in 5 days on average compared to 21 last year. Median price is $235 thousand.
https://www.redfin.com/city/7163/NE/Lincoln/housing-market
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Default For Sale. $241 Million, 18,000 Square Feet

On Wednesday, April 14, 2021 at 7:48:13 PM UTC-4, wrote:
On Wed, 14 Apr 2021 15:22:34 -0700 (PDT), Dean Hoffman
wrote:

This place in London might be livable.
https://www.msn.com/en-us/money/news/london-penthouse-offered-for-sale-for-dollar241-million-by-entrepreneur-nick-candy/ar-BB1fEaA6
Text only.

If you were to ask me pre-pandemic - what sectors would see
a dramatic boom - real estate would not have made my list.
Is it like this in other places ?
In southern Ontario and in many other places in Canada -
the real estate boom is .. well .. booming ! Bidding wars ..
Who'da thunk it.
Low mortgage rates - for sure - but but ..
.. very precarious employment ;
.. over-spent governments at all levels ;
... global unrest ; etc .
I'd be a little leery of signing onto a huge mortgage
under these conditions - I guess the young'uns
still feel secure for some strange reason ?
.. or it's foreign big money ? speculators ?
Dunno.
John T.


I agree. Market is booming in NJ/NYC area too, outside NYC itself.
I would never have predicted it. It's so hot I'm thinking of getting the
hell out of here myself.
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Default For Sale. $241 Million, 18,000 Square Feet

On Wednesday, April 14, 2021 at 10:46:21 PM UTC-5, wrote:
On Wed, 14 Apr 2021 23:03:28 -0400, Ed Pawlowski wrote:

On 4/14/2021 7:49 PM, wrote:
On Wed, 14 Apr 2021 15:22:34 -0700 (PDT), Dean Hoffman
wrote:

This place in London might be livable.
https://www.msn.com/en-us/money/news/london-penthouse-offered-for-sale-for-dollar241-million-by-entrepreneur-nick-candy/ar-BB1fEaA6
Text only.


If you were to ask me pre-pandemic - what sectors would see
a dramatic boom - real estate would not have made my list.
Is it like this in other places ?
In southern Ontario and in many other places in Canada -
the real estate boom is .. well .. booming ! Bidding wars ..
Who'da thunk it.
Low mortgage rates - for sure - but but ..
.. very precarious employment ;
.. over-spent governments at all levels ;
... global unrest ; etc .
I'd be a little leery of signing onto a huge mortgage
under these conditions - I guess the young'uns
still feel secure for some strange reason ?
.. or it's foreign big money ? speculators ?
Dunno.
John T.


The house I sold 2 1/2 years ago is valued at 25k more than what I sold
it for. The house I bought to replace it is now 30k more so I guess I
made 5k.
The house next door to me sold in two days and the new owners won't be
here until October.

I'm not talking $ 20 - 30 k.

https://kitchener.ctvnews.ca/semi-de...rice-1.5316650

John T.


The TV announcer said something about people wanting to get out of big urban areas. The area they
showed is way too crowded.
I noticed, too, that the realtor doesn't look a bit like the ones on the Flipping Vegas show.
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