sallyg said:I'm shocked at some list prices.. well all of them .. but I think an. Initial high price is just marketing strategy and maybe we'll get lucky thinking.
You should come around here or in Spain: I may post some ads in the future just for a quick laugh.
Problem is Washington DC is New Rome on the Potomac: there's a lot of folks who want to go there. Here populations are steadily declining and in most of Spain the rural exodus is still going strong. But everybody loves to think they are holding on to a treasure of the greatest rarity.
To get back to the original topic, flipping here is recent stuff. Tax-wise it still doesn't make sense and flippers tend to get stuck with properties for years because new constructions are far outpacing demand, but debt is so cheap it's a growing industry. Which obviously came to roost next door to me.
As soon as I can bring myself to touch the phone I will take some pictures of that eyesore, especially the "garden".
To give an idea of the MIT graduates we are dealing with here, last week the owner was trying to cut grass on the slope with a Big Box Store brushcutter, wearing jorts and flip-flops.
I think he lasted all of three minutes before giving up.
