yogi_pogi@lemmy.world to Oregon@sh.itjust.worksEnglish · edit-27 months agoOof. Am I crazy or is this way beyond house inflation?lemmy.worldimagemessage-square16fedilinkarrow-up148arrow-down19file-text
arrow-up139arrow-down1imageOof. Am I crazy or is this way beyond house inflation?lemmy.worldyogi_pogi@lemmy.world to Oregon@sh.itjust.worksEnglish · edit-27 months agomessage-square16fedilinkfile-text
The idea that 40 years and this house cost than 10x more? I know there’s a lot of other factors. I’m just… Sigh.
minus-squarethisbenzingring@lemmy.sdf.orglinkfedilinkEnglisharrow-up6·7 months agoIn Spokane Washington, my grandmother purchased a house for my mom that was like $35k in 1984. Similar houses in the area are about $350k right now. So yeah that’s some stupid inflation I purchased a historical house in Spokane 2019 for almost $500k and it’s suggested sale price is over $800k now. Stupid.
minus-squarebradorsomething@ttrpg.networklinkfedilinkEnglisharrow-up2·7 months agoI think my home in oregon has appreciated $300k in the last 5 years, and realistically I could probably hold out for another $300k over that based on location and improvements. It’s ridiculous, and I say that as a beneficiary of all this insanity.
In Spokane Washington, my grandmother purchased a house for my mom that was like $35k in 1984. Similar houses in the area are about $350k right now.
So yeah that’s some stupid inflation
I purchased a historical house in Spokane 2019 for almost $500k and it’s suggested sale price is over $800k now. Stupid.
I think my home in oregon has appreciated $300k in the last 5 years, and realistically I could probably hold out for another $300k over that based on location and improvements. It’s ridiculous, and I say that as a beneficiary of all this insanity.