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Re: wow_happens28 post# 36

Thursday, 08/31/2023 12:05:21 AM

Thursday, August 31, 2023 12:05:21 AM

Post# of 98
>> condo <<

I have a condo also, bought in 1992, a 2 BR These were originally built in 1984 and went for 40 K (!), but by 1992 I paid $79,900, and now it's worth around $280 K, maybe a little more. So just goes to show how much the value of the US dollar has eroded -- one dollar is now worth approx .14 cents in purchasing power, yikes.

I stayed in the condo and thus skipped the entire 'big house' phase that most people go through. But the downside is that those big houses are now worth 600 K - 1 mil plus, so unfortunately missed the boat on that big house profit bonanza.



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