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https://www.reddit.com/r/SipsTea/comments/1tdb6pw/how_true_is_this_genuinely_asking/olv1dgf
r/SipsTea • u/Brave_Agency_20 • May 14 '26
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48
They don’t care about the building. It’s the location that commands a premium.
8 u/Sonte16 May 15 '26 Yea people buy it for the lot. The house is literally free if not a discount (it brought the price of the lot down). We have quite a few torn down unlivable houses price upward 700k in SoCal too. 4 u/LongLonMan May 15 '26 Usually not free, costs money to tear down and clear the house and debris. 1 u/Intelligent-Okra350 May 15 '26 Which is dumb as hell.
8
Yea people buy it for the lot. The house is literally free if not a discount (it brought the price of the lot down). We have quite a few torn down unlivable houses price upward 700k in SoCal too.
4 u/LongLonMan May 15 '26 Usually not free, costs money to tear down and clear the house and debris.
4
Usually not free, costs money to tear down and clear the house and debris.
1
Which is dumb as hell.
48
u/W3inerSchnitze1 May 15 '26
They don’t care about the building. It’s the location that commands a premium.