- This topic has 235 replies, 23 voices, and was last updated 16 years, 3 months ago by
Aecetia.
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August 25, 2009 at 12:19 AM #449366August 25, 2009 at 7:43 AM #448638
sobmaz
ParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
August 25, 2009 at 7:43 AM #448830sobmaz
ParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
August 25, 2009 at 7:43 AM #449169sobmaz
ParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
August 25, 2009 at 7:43 AM #449240sobmaz
ParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
August 25, 2009 at 7:43 AM #449426sobmaz
ParticipantUntil the housing bubble Phoenix home prices were pretty much stuck at around build cost. Older homes actually got dinged for “depreciation” unless they were in highly desirable areas.
Long term…..Phoenix has huge chunks of undeveloped land within the city and huge chunks of abandoned developed land that can be redeveloped, not to mention the vast areas surrounding phoenix.
I think the future of Phoenix is the past in regards to housing, not much above build cost, since there is plenty of land and plenty of builders with cheap labor. As inflation takes prices up over the years you will eventually reach your purchase price but in REAL DOLLARS real estate will never be what they were.
August 25, 2009 at 3:30 PM #448842Aecetia
ParticipantTG you asked for it! Urban homestead/ city chicken update:
August 25, 2009 at 3:30 PM #449034Aecetia
ParticipantTG you asked for it! Urban homestead/ city chicken update:
August 25, 2009 at 3:30 PM #449374Aecetia
ParticipantTG you asked for it! Urban homestead/ city chicken update:
August 25, 2009 at 3:30 PM #449445Aecetia
ParticipantTG you asked for it! Urban homestead/ city chicken update:
August 25, 2009 at 3:30 PM #449631Aecetia
ParticipantTG you asked for it! Urban homestead/ city chicken update:
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