This is what I don't understand. What's the formula that determines any price in the housing market? I know a lot of factors go into it, but a lot of it just seems ridiculous and a way to keep a certain crowd away from certain neighborhoods.
Some folks just charge a price, which is evident by this oblivious price in relation to the area
But bu bu New York. Ya'll ain't hear this is all over.
This is isolated, it be like a house next to the Marcy projects going for 750k i don’t care how much they remodeled it, it’s still next to the Marcy housing projects, clearly someone’s betting on a flip of the area but they better be ready for the long game 10-15 years before they may see the area change
the folks who bought the property up after katrina are millionaires because of this. They knew these suckers would run down there to pay whatever they charged. I applaud them.
no one’s getting it, it will sit, the issue was people have bought empty houses or lots or remodeled homes and are driving the price up, it’s a crib next to my Ex’s g’ma crib that’s going for 300 plus and literally the next block up nikkas stay getting sent to the crossroads, i mean you know eventually the neighborhood will be turned over, but not anytime soon
