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I am for a view, but there is no view worth that around here. Just MHO now!! I understand that location location and location drive up the price. But for that much greenback action, Need alot more house for me to up that many dead ones... Brother in Law just bought a house on Lake Toho for 650,000. Much bigger and nicer with Lake View.... Man after watching Million Dollar Listing New York Central Park or SoHo for that price. |
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If I had 2.4 mil to spend on a house, I would have the best of both worlds--one house in TV and one in Tuscany or Umbria or Andaluca or Perigord or, or, or...
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An ocean view, YES, but the other thread about coastal (required) flood insurance premiums rising by 600-700% is making TV look better all the time for buyers. |
For that sort of money, I would have one on Nantucket and one on Snell Island or Coffee Pot Bayou.
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Looks like a 7-10% rise in price in a past year |
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It seemed very out-of-current style ornate and would need work. I don't think Central Park view had anything to do with GG's assessment. I think it was more the style of the house... Although I too would take Central Park if I had the income to make living in NYC easy-- taxi money, gym money, a winter house in the tropics, and lots and lots of dining-out funds. |
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People can ask whatever price they want, whether it's $180,000 for a patio villa or $2.4 million for a mansion. How many people are willing to pay those prices remains to be seen. |
Yes. Starting to feel like housing is in a bubble that could burst again like 2003 - 2006.
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Some people, who move to The Villages, may have a net worth of 5, 10, 20, 30 million or more. So it may be that spending 2 million on a home is not that big of a decision. They might consider it a bargain.
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2373 Baypoint Way
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Some people love big cities and some don't.Even if I had the money I would never ever buy real estate in Manhattan or any big city. I do very much enjoy visiting NYC every chance I get. It is one of my favorites. I have to also side with Winston O Boogie as well.
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Oh well, everyone has wants and some needs. Personally, if I had the money, I doubt I'd spend $2M on a home.....but that's us.
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