Unfortunately, like many people living in the U.S. back around 2008, I can relate. My home in Florida – purchased for $98K back in 2000, was by 2007 valued at $322K when the housing market was hot. By 2010 because of the real estate and banking debacles, the same property was valued at $46.5K !! I was advised by two different real estate lawyers that it would take a minimum of 5 years to recover the equity I’d lost in the home and reach a break-even point in selling the property.
Sold the house, took the loss and moved to Ecuador.
Yes this proves that this cartoon as yesterday was the Obama years. My house went down. Now it’s back up. Thank you president Trump. I sing because I’m happy. 8>)
littlejohn Premium Member over 5 years ago
He didn’t feather his nest?
Dean over 5 years ago
Hopefully the property tax assessor agrees.
littlejohn Premium Member over 5 years ago
Does his house need a golden retirement nest egg? Or does he expect to be an empty nester.
wirepunchr over 5 years ago
Hovel sweet hovel.
Linguist over 5 years ago
Unfortunately, like many people living in the U.S. back around 2008, I can relate. My home in Florida – purchased for $98K back in 2000, was by 2007 valued at $322K when the housing market was hot. By 2010 because of the real estate and banking debacles, the same property was valued at $46.5K !! I was advised by two different real estate lawyers that it would take a minimum of 5 years to recover the equity I’d lost in the home and reach a break-even point in selling the property.
Sold the house, took the loss and moved to Ecuador.
cuzinron47 over 5 years ago
Probably in a seedy neighborhood.
Printer over 5 years ago
Yes this proves that this cartoon as yesterday was the Obama years. My house went down. Now it’s back up. Thank you president Trump. I sing because I’m happy. 8>)