My Parents’ Hard Lesson: Homes can lose a lot of value even in the long run
by Mekisteus My parents bought a house in 1978 for $35k (inflation adjusted that’s $135k in today’s dollars). Now, 40 years later, they are moving states and looking to sell. The sale price estimates they are getting? $80k to $100k. The house is in Oklahoma City, which is growing but where land is basically free … Read more