• SaakoPaahtaa@lemmy.world
    link
    fedilink
    arrow-up
    5
    arrow-down
    8
    ·
    1 year ago

    48k is a bargain though. I mean I checked google maps and yeah Toledo looks kinda ass (sorry Toledoans) but that’s a steal especially considering it was the boom before -08 bust. Prolly could’ve got a nice subprime to along with it.

    • collegefurtrader@discuss.tchncs.de
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 year ago

      That’s interesting because at the time, I knew the housing market was falling, and it felt like it was at the bottom when I bought. Previous the same house had been valued at near 70k.

      It turns out that shitty places like Toledo were foreshadowing the crash.

      The next year in 08, the market value of the house got as low as $25k

      • SaakoPaahtaa@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        I actually read more about it, and Toledo has an airbase, which naturally makes it based. Currently looking to move to Toledo