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Property prices unrealistic

  •  Sat, Jan 19 2008, 3:45 AM

    Property prices unrealistic

    I was extremely inspired by this book until I started questioning the prices of properties given as examples. $100,000.00 for a house and $300,000 for a set of units! Looking in the paper today I couldn't even find a house/single unit for under $200,000.00. Average of $350,000. We are looking at over a million for units!

     Max rent I could get it $300 a week but the morgage is about $500 a week!

    Am I missing something? Please tell me I have miss read something. I want to be a Rick Woman!

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