I have this love of looking at real estate. Not too far from where I live is the coast. And at the coast, the market is as depressed or more so than it is here. That means that when I do a search for houses that have at least 4 bedrooms and cost under $100k in that area, I get 20 results.
Most need some work. But a 1913, 5 bedroom, 2.75 bath house near the beach for $64,900- I’ll take that, thanks.
Then I remember that we’ve been hit by the recession too, and I go back to looking.