MovieChat Forums > Flip or Flop (2013) Discussion > CA Real Estate Prices

CA Real Estate Prices

posted 9 years ago by jabell
5 replies | jump to latest

I realize that they are not the only realtors/flippers in CA, but I think they are doing their part to add to the cost of real estate in CA. They take houses and add so much so they will appeal to "high end buyers." Do they not care that there are people on moderate budgets who don't care if they have subway tile or top of the line appliances or double sinks? It's especially sad when you watch House Hunters or Fixer Upper or Property Virgins, etc., and see what housing prices are in other parts of the country.

Boo Hoo! Let me wipe away the tears with my PLASTIC hand!--Lindsey McDonald (Angel)

[–] goodfolk 9 years ago

They raise property values by taking dumps and turning them into modern homes. It helps the resale value of neighboring homes and brings more money into the area for schools and infrastructure. They do a service to the area, especially those that are living next to a foreclosed home.

[–] ChrisCuda 8 years ago

Well said...flipping is such a positive to the neighborhood. My city is currently passing laws that will force property owners to not be able to just sit on "zombie houses." One guy owns 10 and he refuses to do anything with them. So drug addicts and squatters come in and cause major, major headaches.

[–] stevenl-5 8 years ago

The houses in California are going to be expensive anyway. $900k for a 3 bedroom 2 bath in the Bay Area. Crappy neighborhood too. So granite tile, accented backsplash, etc. won't matter. It's expensive, period.

They at least make the houses nice and livable.

[–] liscarkat (19418) 6 years ago

They turn dumps into high-end model homes for rich people who want to move to ghetto neighborhoods.

[–] mel2000 (259) 5 years ago

I think they are doing their part to add to the cost of real estate in CA.

It's the buyers who determine the price of a home, not the sellers.