Bought the house brand new in 1994 for 155K. Because of the recession the house’s value was stagnate for about 8 years.
Our house was broken into TWICE in 6 months and we said Fu^@! this town and everyone in it. Was listed for sale on a Thursday in Nov 2003 and by that Saturday we had 15 offers, all of them over our listing price of 275K. After enduring all those years with zero appreciation we were flabergasted that the market had skyrocketed so quickly.
Alot of my work comes from San Diego so I talked the wife into buying a boat and living on it in San Diego bay for 6 months til we figured out what part of Diego we’d buy our next house in.
The next 2 years’ leisure time consisted of the Mrs. taking me thru open houses…….Steam would be coming from my ears after about 4 of 5 of em because of the outrageous prices……. The rest of the weekend would be misc. arguing/yelling.
In addition to this weekend “fun” I monitored the price escalation of the neighborhood we sold in……It rose to 400K and I was calm, just grateful that we made what we did……then it went up to 500K and I started feeling a little queazy…….at 600K I think I threw up in my mouth!
So there you have it…… the root cause of my maniacal laughing at other peoples’ misery!
HAHAHAHAHAHAHA…….cheers Lucifer, make the next round a double.
