Quote:
Originally Posted by Rochard
One of the things I've never understood about the housing market is why a house goes up in value. If I buy a house and sit on it for twenty years, it's now throughly used, hopelessly out of date, shit like the water heater and AC units are breaking down, and it's just got nicks and marks all over the place.
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im markets like florida there are several factors to home prices going up.
1. there is no more real land to build houses on.
2. alot of baby boomers and snow birds wanting to buy down here
in places like montana i dont understand it though