Thread: House flipping
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Capella
Dark Cat of the Sith
 
Join Date: Jun 2007
Location: Rochester, NY
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2007-11-06, 11:58

When my family bought a house in our small-town Florida region, the lot was $5k and the house $90k. The average 3 bedroom house in my town now costs $200k. With the housing issues, though, that's gone down a bit. (Of course, when we got the new house, my family was kicking themselves for renting for so long and not buying when we moved there, back when houses would be like $20k...)

The rent in New Brunswick scares me. Studio for $800/month, 1-bedroom for closer to $1k... even splitting the rent, my partner and I couldn't afford to rent here. But Rutgers charges $6k a year for housing, so we want to move out. It's a lose/lose housing option.

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