Sure, we bought at the height of the bubble, but we invested around 70k in a sweet master suite, central air and wine cellar...all in a beautiful Nebraska (fuck red states) historical home with energy loans and historical programs that froze property taxes for over a decade.
2007 price tag: 281k after 50 days on the market
2014 selling price: 230k after over a year on the market
In other news...a friend in Cleveland lost 50k, 30k lower than purchase price and 20k lost on ROI
Another friend in Pennsylvania lost 87k
I hate Republicans and Rich people. We thought we weathered the recession with military and federal jobs...we were wrong. Glad we live in a blue state now at least.
nt