Aug 7
You ever get so mad at a Nebula video that you go to reddit about it
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You ever get so mad at a Nebula video that you go to reddit about it
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Who's Selling the Most Weapons?
by Maxinomics
It’s Not the House, It’s the Land
Home prices aren't going up because of the house, it's because of the land underneath the house.
For example, in 2012, if you took a house for sale in Phoenix listed at $1mil and demolished the house, the bare piece of land under it would have sold for $150-$350k. Today it would be $550k-$720k.
You'll see the growing dominance of land share in major metro areas, where the dirt alone now accounts for up to 95% of a property's value.
by Maxinomics/reddit