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A comment on Americans still think they can make money flipping houses. Parent comment

Re:Americans still think they can make money flipping houses by jjav on Saturday July 09, 2022 @12:01PM (#32036341)
Where is this? So if it was 20K new, it's 10M now?
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Re:Americans still think they can make money flipping houses by s1artibartfast on Saturday July 09, 2022 @12:30PM (#32036681)
Bay area. Built a little more than 100 years ago and was 3K new and now worth 1.5M.

Inflation would only be an 30x increase from 3k to 90K

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Re:Americans still think they can make money flipping houses by chrisseaton on Saturday July 09, 2022 @01:00PM (#32037052)
How much do you think it cost to build houses a couple hundred years ago?
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Re:Americans still think they can make money flipping houses by s1artibartfast on Saturday July 09, 2022 @01:11PM (#32037150)
In some places it was and times, it was literally free. The government would give you the land and you would build a house using your own labor and materials on that land
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