Homeless migration to RVs creating problems

Matt_Colie wrote:

colliehauler wrote:
Prices have always increased on homes in the long run. Supply and demand. A lot of homes in small towns with lack of jobs can be bought dirt cheap. For a retired person who does not depend on employment this can be a good deal. There are several list of states and towns that are the best places to retire along with the most expensive places to retire. Illegal immigrants compound the housing issue but certain people choose not to address the issue. Until these people are voted out I don't see things changing.

I don't know where you live, but we have been buying this house from the bank for 28 years. We bought when the market was pretty stable, but then came the depression that the prior administration built a fire under. (Anybody that has looked at the county's history would know that the same things that were done by FDR that extended that depression for an additional three (maybe more) years is what was done again.)
Today, I could sell out home and not get back what we paid for it in cash value (not even thinking about the interest over near 30 years). Everybody wants a piece of the rich old people that only worked hard for years to live so "easily" now.
If you perchance think I may be a little bitter, that just means that you are observant.

Matt where I live is next to my name. While my home has increased in value with the improvements I've made I would break even, if you add in the Banks interest rate would probably be upside down. I have lived her for 33 years so if I paid rent I think It would have been a lot more in housing cost. Sorry you got a raw deal.