Home or Illusive Dream

Home or Illusive Dream!

We have been out house hunting with our son and his wife. What an ordeal! We have lived in the same house for over 26 years and have done 4 remodels to date. (We have one more planned for the master bedroom in the Spring of 2008.) So, we have not looked at housing for quite a few years. We live in Los Angeles County where home prices are totally inflated. We have looked at homes for a half a million dollars that are total fixer uppers. We saw tile that we removed 2 remodels ago still in bathrooms and kitchens. We have seen leaking water heaters, water damage, old electrical outlets, vintage kitches appliances etc. It was quite depressing. My son and wife are savers but we do not want them going into finiancial debt to buy the "Illusive Dream." I believe the market has outpriced the average buyer. A combined income over $100,000 dollars a year will not even get you into a 900 square foot house in Southern California. I watch HGTV and know all the tricks.