I was joking, but I would agree that upgrades have been inflated above their “value” along with everything else associated with housing. Kind of makes sense, doesn’t it (the correlation that is, not the hyper-valuation)?
For what it’s worth. I didn’t do a thing to the kitchen as it was like that when I bought the house. I wanted to rip out the granite and put in (what I consider) a beautiful glazed mexican tile.
Needless to say, most people thought that was a bad idea, but only because of the current popularity of granite (in other words, if it were reversed, they’d put in granite regardless of economics or whether I preferred it in my own home!)
I didn’t do it because I’m not wasteful by nature. I mean it’s certainly nice enough, so I figured I’d keep it for 7-10 years or so and then do what I wanted, but as it turns out we sold before that time came.