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Foolish Decisions

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4-4-2021 11:42:11 Mobile | Show all posts |Read mode
I sometimes wonder if this show is a joke. I mean this in all seriousness. The prices of the homes these guys find to renovate are beyond ridiculous. They recently showed a young couple a 1700-2000 sq. ft old home listed for $749,000!!!! Are you kidding me? The house wasn't worth a penny more than $150k.

I can't believe the prices people pay for homes these days. I worked as a general contractor for over 10 years and I can honestly tell you, you are being robbed if you dole out this kind of cash for a home. When it is time to sell, you have overpaid by such an astronomical amount, you will almost certainly take a loss. That is what happened in the United States beginning around 2006. It seems as though people have not learned any lessons from what happened.

Resist the urge to buy 'RIGHT NOW', because you need a better living arrangement or because someone else might 'get the house'. Let them have it. Save your money and be sensible. People toss around $500,000- $850,000 home prices like they are a drop in the bucket. That is a lot of money. Think about that before committing to such a a tremendous obligation.

score 2/10

isaacandmary 13 July 2014

Reprint: https://www.imdb.com/review/rw3049653/
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