View Single Post
Old 02-19-2006, 03:16 PM   #7
Frosty
 
Frosty's Avatar
 
Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
iTrader: (1)
Quote:
Originally Posted by jims69camaro
i just did some research on my neighborhood and the home values, etc. here in my town. the average home sale for the past three months is $244,000. we're talking your basic 3 bedroom ranch layout and up (4 and 5 bedrooms with two and a half baths are upwards of $850,000).

a house just like mine sold at the end of november for $317,000.

now, get this, the median income is $57,000. how the hell are they affording homes like that for with such low incomes? you have to figure they've probably got at least one car loan or lease, most likely two, plus taxes, insurance and utilities. i can't get my mind around it.

..and that's why personal debt among families is at an all time high.
__________________
2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler

2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
Frosty is offline   Reply With Quote