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Real Estate
Reply to "All of the housing stock under $1m is HORRIBLE "
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[quote=Anonymous][quote=Anonymous] Second, you and I are both very lucky to have the time, knowledge, and physical capability to DIY so much: not everybody can. I have done renovations on my townhouse (both DIY and supervising contractors) and I grew up in a house that was constantly being DIY renovated, one weekend at a time, for 16 years. I am not convinced the equity gains are worth it to me anymore, now that I'm old and have kids to spend time with.[/quote] Not everybody can, but oh so many do (try). This is one of the reasons why I refuse to buy a flip in DC proper. Way too many horror stories of quartz countertops and Bosch appliances covering up fundamental (and expensive) structural issues that can't be detected in a 30-minute inspection. No one in their right mind would buy a car without a documented service history. Yet people spend 50x the cost of a car to buy a home with fewer outlets for offloading a bum deal. Eff elbow grease. I want quality.[/quote]
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