Quote:
Originally Posted by mrf0151
Just be happy that most of us started this wonderful real estate ride back in the 60's and 70's and have done extremely well. Retired, 2 homes in TV, one being a full-time annual rental always occupied with no mortgages on either.  |
When I checked a week ago on the house I bought new in 1968 in Alexandria, VA for $28,000 I found it had sold in 2021 for about $700,000. It had been nicely updated and the walkout basement finished but still.....
About 10 years ago I visited a man about 15 years older than me (he is 94 today). He had recently bought and rehabbed an elegant large house, even putting in an elevator. He told me the (custom oversize) French doors had cost him about $8500/set installed, about what he paid for his first house!