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Response to xchrom (Original post)

Mon Feb 9, 2015, 12:33 PM

33. Little boxes on the hillside, little boxes made of ticky tacky...

"Starter home" for $490,000. Oy. My parents' starter home back in the '60s was $10,500.

I wonder what their original home is now worth. Bought in 2005 (at peak?) for $490,000, down to $340,000 four years later, but what's it worth 10 years later?

Did their employment situation remain the same? They must make pretty good money... they were able to pay LA rent, raise 3 kids, AND save $53,000 for the down payment on a new house.

Not knowing all the details, but I might have just ridden it out.


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