RE: The Trainwreck That is Real Estate in the USA!

Seattle is particularly crazy, when it comes to property prices... Our daughter and son-in-law bought an outdated, ill maintained 3/1 that has been a "hoarder house" in the Northgate area and paid $575K for what amounted to a "severe fixer." If it weren't the son-in-law being a contractor, it would likely have been a knockdown.

It's crazy. And who are the people who can afford those prices?