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So a house that costs 1.3 mill in San Jose is like 200k in Dallas or Houston?
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Date: February 20th, 2018 11:19 PM Author: plum territorial depressive office lmao (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449769) |
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Date: June 3rd, 2018 12:21 AM Author: Big Thirsty Pit texas is a hellhole compared to coastal cali, at where it comes to climate (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#36174056) |
Date: February 20th, 2018 11:20 PM Author: Laughsome pearly address double fault (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449770) |
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Date: February 20th, 2018 11:20 PM Author: Irradiated corner sound barrier (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449772) |
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Date: February 20th, 2018 11:21 PM Author: Know-it-all dragon Are you moving out of cali (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449777) |
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Date: February 20th, 2018 11:26 PM Author: plum territorial depressive office ill be here for at least one more year but looking into relocating in 2019. cant justify staying given the ridiculous housing prices... (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449806) |
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Date: February 20th, 2018 11:55 PM Author: Galvanic sanctuary Persians, Indians, and the Chinese are to blame for the bay area bubble. Please dont relocate to socal (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450009) |
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Date: February 21st, 2018 2:57 PM Author: plum territorial depressive office settle down ted (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453646) |
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Date: February 20th, 2018 11:21 PM Author: Mint school cafeteria (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449779) |
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Date: February 20th, 2018 11:24 PM Author: Wild dilemma factory reset button and $3 mill in Palo Alto (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449788) |
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Date: February 20th, 2018 11:26 PM Author: glittery hospital therapy 1.3m in Dallas still gets you a literal pre-mcmansion mansion (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449803) |
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Date: February 22nd, 2018 1:23 AM Author: Orchid locale Nah. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35458667) |
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Date: February 20th, 2018 11:28 PM Author: Low-t fanboi location ljl although I hear Houston it's now closer to 300k (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449816) |
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Date: February 20th, 2018 11:29 PM Author: plum territorial depressive office not too bad man. i could be a chinese all cash buyer at those prices (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449832) |
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Date: February 20th, 2018 11:35 PM Author: Low-t fanboi location no not at all
even in SD decent homes are ~700k+ |
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Date: February 20th, 2018 11:42 PM Author: plum territorial depressive office (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449931) |
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Date: February 20th, 2018 11:44 PM Author: Low-t fanboi location Idk what I am going to do either I bought a condo awhile ago that has already gone up like 50k (one down the street sold for 60k more a couple of months ago) but am thinking about moving eventually |
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Date: February 20th, 2018 11:45 PM Author: Irradiated corner sound barrier *luis moves in next to NEO-rich cryptomo* (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449944) |
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Date: February 20th, 2018 11:46 PM Author: Bull Headed Sapphire Deer Antler LJL more like 800k unless you live in a total dump (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449951) |
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Date: February 20th, 2018 11:48 PM Author: plum territorial depressive office Wtf (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449959) |
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Date: February 20th, 2018 11:49 PM Author: Low-t fanboi location there are decent houses in the suburbs for 3-400k (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449969) |
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Date: February 20th, 2018 11:52 PM Author: Bull Headed Sapphire Deer Antler Enjoy your 1.5 hour one way third world commute breh (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449985) |
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Date: February 21st, 2018 12:35 AM Author: Wild dilemma factory reset button park & ride brah (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450229) |
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Date: February 21st, 2018 1:15 AM Author: plum territorial depressive office ? (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450421) |
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Date: February 21st, 2018 1:00 AM Author: charismatic school boistinker Highly dependent on oil and energy market prices - it's become more stable now but over the last ~10 years or so the Houston real estate market could make pretty big movements independent of rest of real estate.
Now Oil and gas / energy companies don't make up as big of proportion of the industry in Houston - and the energy markets don't rattle the home prices like they used to because now there's healthcare / medicine, real estate, finance industries also |
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Date: February 20th, 2018 11:34 PM Author: offensive diverse crackhouse hairy legs (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449879) |
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Date: February 20th, 2018 11:49 PM Author: titillating abnormal piazza yea and its more chill (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449966) |
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Date: February 20th, 2018 11:53 PM Author: plum territorial depressive office sounds like it man (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449991) |
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Date: February 20th, 2018 11:54 PM Author: titillating abnormal piazza & u already like country bars lmao (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35449997) |
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Date: February 20th, 2018 11:58 PM Author: plum territorial depressive office CRRRRRR (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450021) |
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Date: February 21st, 2018 12:54 AM Author: Umber trust fund you can’t just go off of square footage. a lot of houses (even “mcmasion”-style) in houston and other low CoL cities are high square footage but extremely low quality materials and workmanship. enjoy chinese chemical-laden pressboard and offgassing for decades just to pump in unnecessary bonus rooms.
at least the tiny houses or tiny plots of land in silicon valley are built to last.
my credentials: trying to build a high-end house in tennessee and finding construction cost-per-sq-ft for something with exceptional level of materials and finishings is about as expensive as in cali. |
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Date: February 21st, 2018 1:06 AM Author: talking gaping ticket booth 1950s era silicon valley homes are almost all termite infested tear downs. built to last until the next buyer moves in... (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450392) |
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Date: February 21st, 2018 1:08 AM Author: plum territorial depressive office lmao (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450399) |
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Date: February 21st, 2018 1:07 AM Author: Wild dilemma factory reset button this is all exaggeration. yes there WAS a limited problem with chinese drywalls MANY years ago. this is not a problem in all houses in houston. the homes by reputed builders are built just fine.
the tiny houses in SV are not any better built than the homes built in houston. it is just dumb to think that. homes in houston do just fine despite higher levels of humidity and more variance in temperatures. |
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Date: February 21st, 2018 1:08 AM Author: plum territorial depressive office ty. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450400) |
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Date: February 21st, 2018 2:37 PM Author: Umber trust fund (^ meritage homes sales rep)
ljl just wait until the tape on that zipsystem sheathing fails in 3-5 years due to heat/humidity and you have mold growth in all your walls.
also that sweet smell that lingers for years and years in those new homes are VOCs from formaldehyde and other carcinogens in the pressboard, cabinetry, and insulation. it takes at least $250/sq ft to build without those shoddy framing and shell materials. corporate builders putting up mcmansions @ $100/sq ft are cutting corners af even at economies of scale. |
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Date: February 21st, 2018 2:41 PM Author: plum territorial depressive office fuck my ass. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453505) |
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Date: February 21st, 2018 2:43 PM Author: multi-colored electric furnace cr, and that's just to get something that is decent under the surface.
and nice finishes and now you're at 300-400 per foot. |
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Date: June 3rd, 2018 12:06 AM Author: Vengeful bateful party of the first part whorehouse This is silly and wrong. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#36174003) |
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Date: February 21st, 2018 1:07 AM Author: plum territorial depressive office Ty. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35450396) |
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Date: February 21st, 2018 2:41 PM Author: multi-colored electric furnace cr.
i just met with a few builders to kick around the idea of building my own home in an affluent suburb outside NYC, and the costs, especially right now, are astronomical. i'd legit be taking a 15-25% bath on the house the day i bought it. not joking.
so now whenever i move out of MFH it will be an existing house only. |
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Date: February 21st, 2018 2:45 PM Author: Orchid locale "at least the tiny houses or tiny plots of land in silicon valley are built to last."
They're just ordinary houses from several decades ago, with construction typical for their time. |
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Date: February 21st, 2018 2:44 PM Author: Orchid locale Dallas and Texas prices are climbing.
$200k is too low now, unless you're way out in the 'burbs. |
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Date: February 21st, 2018 2:47 PM Author: Bull Headed Sapphire Deer Antler All the fed up Californians moving out and promptly californicating wherever they move to and ruining it (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453561) |
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Date: February 21st, 2018 9:29 PM Author: Dull Thriller Halford Yes, look what's happened to Colorado (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35456840) |
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Date: February 21st, 2018 2:48 PM Author: violent supple dysfunction elastic band Or a 3rd tier city. $250k will buy you a mansion in Abilene/Amarillo/Lubbock
https://www.zillow.com/homes/for_sale/96583342_zpid/2010-2018_built/globalrelevanceex_sort/32.509037,-99.679471,32.368653,-99.864007_rect/12_zm/ |
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Date: February 21st, 2018 2:49 PM Author: multi-colored electric furnace mansion? (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453579) |
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Date: February 21st, 2018 2:49 PM Author: violent supple dysfunction elastic band Ok, maybe that's a stretch. But you can have $100/sqft of brand new construction (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453587) |
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Date: February 21st, 2018 2:56 PM Author: plum territorial depressive office ty, give me a price range for 3-4 bedroom houses in decent dallas or houston suburbs that aren't inconvenient/far off locations. even $350-400k is very chill (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453635) |
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Date: February 21st, 2018 3:03 PM Author: titillating abnormal piazza Move to West U with colt (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453716) |
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Date: February 21st, 2018 4:10 PM Author: plum territorial depressive office (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35454285) |
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Date: February 21st, 2018 2:48 PM Author: Vibrant fluffy abode antidepressant drug Living in high COL cities is for suckers. They think they're getting ahead by working at X company, which may pay 10-15% more than elsewhere, but totally forget that that increased income is offset by the increased COL. Meanwhile, they justify this by saying "oh well if I work at X company, I'll have better opportunities down the road" but fail to realize that most will never sniff partner or whatever senior management level jobs everyone is striving to get.
The end result: massive student loans, massive mortgage payment, and job prospects below what the person thought they would have 5 years later. |
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Date: February 21st, 2018 3:05 PM Author: cruel-hearted pungent friendly grandma CR, it only makes sense for those of us inheriting real estate in these areas
others need to GTFO |
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Date: February 21st, 2018 3:08 PM Author: violent supple dysfunction elastic band Then those folks sell their $1MM house (which they bought for $800k) and buy a massive house in Texas with 50% down from the appreciation of their coastal property.
It sucks for Texans looking to upgrade. We're competing with Cali/Seattle/NY folks who have seen ~100% price appreciation over last 10 years and can pay all-cash for a lot of house. |
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Date: February 21st, 2018 3:19 PM Author: cruel-hearted pungent friendly grandma lol @ competing with the Joneses when you're a wagecuck
Just live in a house you can afford, wagecuck |
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Date: February 21st, 2018 3:18 PM Author: arousing partner It's not as insane as you're making it seem. In law it's like 2x difference to start (BigLaw 1st year v. Buffalo first year), and then the divide only increases because of severe salary compression in most small markets. Big city COL is certainly higher, but with any luck at all (or almost no luck if you plan to stay for 10 years or more) your house is an appreciating asset, and this has been the case for a series of bubbles over the past 40 years. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453837) |
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Date: February 21st, 2018 3:20 PM Author: cruel-hearted pungent friendly grandma If you are putting down a hefty down payment, you're probably still better off just throwing it into the S&P 500
The returns in the market are still better, but I guess if youre taking out a big mortgage then it's arguable |
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Date: February 21st, 2018 3:23 PM Author: arousing partner Not sure that returns in the market are better given the leverage with a house. That 8-10%/yr appreciation (or whatever it is, and sometimes it's negative) is on the full value of the house, of which you only put 20% down.
I got very lucky with timing and don't attribute it to anything but luck, but it's been good for me. I know it can end at any time. |
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Date: February 21st, 2018 2:48 PM Author: blathering trailer park yep, 1.3-1.5ish is like entry level in bay area these days (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453575) |
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Date: February 21st, 2018 3:06 PM Author: plum territorial depressive office yeah, my parents house is somewhere around that range now and it's an average 4 bedroom house (in a good neighborhood in san jose) (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453763) |
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Date: February 21st, 2018 3:07 PM Author: cruel-hearted pungent friendly grandma let me guess - they bought it for 200K 30 years ago?
the boomers in los altos hills really raked it in. went from 500K to 10MM in 30 years. |
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Date: February 21st, 2018 3:08 PM Author: plum territorial depressive office they bought it for 300k just about 30 years ago. they're in almaden valley (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453783) |
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Date: February 21st, 2018 3:12 PM Author: cruel-hearted pungent friendly grandma
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Date: February 21st, 2018 3:08 PM Author: blathering trailer park just buy it from them, lotta persian/azn families do that right (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453776) |
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Date: February 21st, 2018 3:09 PM Author: plum territorial depressive office want the feeling of making it on my own though brother. parents helped me enough in my 20s (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35453786) |
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Date: February 21st, 2018 9:25 PM Author: Orchid locale https://www.zillow.com/homedetails/0000-Nelson-San-Jose-CA-95118/2091588727_zpid/
Coming soon! |
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Date: February 21st, 2018 9:47 PM Author: arousing partner That's a pretty nice part of town with good schools.
There used to be a bowling alley right near there, Cambrian Bowl, but it's closed now after 55 years and we have to go to the Chinese one in Cupertino. |
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Date: February 21st, 2018 9:49 PM Author: Orchid locale Work hard.
Reap rewards.
Bask on your patio.
https://photos.zillowstatic.com/p_f/ISybrgz79ysi260000000000.jpg |
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Date: February 21st, 2018 9:50 PM Author: blathering trailer park loled (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35457012) |
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Date: February 21st, 2018 9:50 PM Author: arousing partner , with a view of a young fruit tree and the Santa Cruz Mountains (if you squint)! (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35457022) |
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Date: February 21st, 2018 9:49 PM Author: Vibrant fluffy abode antidepressant drug That same house would go for $150k in my city. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35457005) |
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Date: February 21st, 2018 10:48 PM Author: Canary gas station I have a 4,500 sq ft house with 5 bedrooms in the suburbs of Houston. It is bigger than the 7 apartments I had lived in over a period of 10 years or so in big cities, COMBINED.
The thing is that it isn't big enough and I wish I bought a 6,000 sq ft place instead. |
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Date: February 21st, 2018 10:58 PM Author: multi-colored electric furnace (my fiancee)
what space do you feel like you're missing? |
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Date: February 21st, 2018 11:03 PM Author: Canary gas station Would like a big office, a theater room, 2 to 4 more bedrooms and a bunch of extra closets. I have a bunch of little kids and there doesn't seem to be enough room to keep up with all their stuff. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35457721) |
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Date: February 21st, 2018 11:09 PM Author: multi-colored electric furnace yeah an office would be good. i actually really like the idea of a library/office -- something wood-paneled off the formal LR or DR.
how many kids?
i feel like bedrooms past a certain number are big time wasted space, especially if they are en suite. i guess you could do jack and jill to save space. |
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Date: February 21st, 2018 10:51 PM Author: insanely creepy mischievous library Bought my place 3 years ago. Has appreciated 400k since then according to Zillow. Lolol. (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#35457596) |
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Date: June 2nd, 2018 11:27 PM Author: plum territorial depressive office (http://www.autoadmit.com/thread.php?thread_id=3899112&forum_id=2#36173883) |