GA Flying Down 20%

"Jay Honeck" wrote in message
oups.com...
Decades? I think not. Not when a nice house alone costs more than a
million
dollars, and a mediocre house costs half a million.

A million dollar home in Iowa is bigger than the White House. A half
million dollar home is a castle.

Our four-bedroom, 2.5 car garage, 3 bath ranch is valued at $220K.

I don't know about homes in France, but if your prices are accurate,
it sounds worse than California...

Insert Iowa Real Estate joke here { }

:~)

I don't know about homes in France, but if your prices are accurate,
it sounds worse than California...

Insert Iowa Real Estate joke here { }

:~)

If you fly out over rural Iowa, you will find the usual mix of farms,
tiny communities, and the like.

Interspersed at wide intervals you will see literal castles,
surrounded by hundreds of acres of farmland (that they lease out) and
a few dozen acres of groomed gardens and landscaping. With five-car
garages, out-buildings, and (some with) grass air strips.

These are the people who bought homes in the Chicago area, or southern
California, in the 1970s for $42,000, and sold them in 2003 for $1.2
million. They cashed out, built their dream home for $450,000, and
banked the rest.

Like I said, it's an IQ test.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"