We have a new apartment building in town. There’s a pizza takeout on the first floor and condos on the upper three floors.
My friend went to check out the condos because they cost insane amounts of money for the area, and everybody is dying of curiosity why it would cost 3 times more to live in an apartment over a takeout than in a large house with a backyard and a garage.
The realtor showed her the condos and explained that the ones on the second floor go for $650,000. The slightly smaller ones on the fourth floor, however, cost $750,000.
“Why such a difference in price?” the friend croaked, overwhelmed by the numbers. You can get a perfectly good 2 bedrooms / one bath house for $150,000 in the area. Or for $22,000 if you are fine with a foreclosure. “Why is it $100,000 more two floors up?”
“Because of the view!” the realtor responded stiffly.
“What view?” asked the friend who grew up on a Mediterranean coast and expects the word to mean something.
“Well, you can see some trees from there,” said the realtor irritably.
The condos aren’t selling well which gives me faith in humanity.
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