Sunday, March 25, 2007

[TV] Property Virgins

I was just watching HDTV on sunday afternoon, came across this show, Property Virgins.

This week's show is like really showing me, how "naive" people are. They expect they can just spent $200,000.00 and get a great house? Hmm... with the market these days, a decent home would cost over $300,000.00 easily. And this guy owns a nice motorcycle, which is of course on debt. Two of them have huge debt, but the guy wouldn't sacrifice anything. I mean, if you want to keep your lovely bike, you just have to realize that you can't really get a huge house!

After showing them two beautiful house, which in my mind, I would have bought it and flip it, but that's another show. You know what the guy likes to complain? The house has finished basement. OH MY GOSH! Simply to finish a basement would cost over $30,000.00. The other problem he has with the house is that some of the space is over the garage! If you don't want any space over the garage, then I can tell you for sure that you wouldn't have any really usable space in the $200,000.00 house.

Of course, in the end they found a really nice house for just $265,000.00. I would say that's a bargain in today's market. Don't really know how fast east this place is in the city, it could be even out of the city! But again, $265,000.00?! This is very good. May be I should switch house again, with three extra bed room, four if count in the one my sister would use whenever she is in town. But again, that would be a topic for another show...

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