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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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Quote:
Originally posted by Bill Verburg
I figured there was going to be a real estate crash when I found out how many Californians were buying private luxury homes around here as investments.
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Ditto here in Arizona. At one time 40% of the houses being sold in the Phoenix area were Cali investors. Purchased and let sit empty for months on end, the bubble had to burst eventually.
Just looked and my house is well on the road to recovery after taking a $100k hit last year. Houses are starting to sell here again and by summer/fall looks like things may be on the right track again.
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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