Quote:
Originally Posted by Xist
I wondered in what situations a tiny house would make sense and he just said not to buy mobile homes, they don't appreciate because there is limited demand for them.
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My moile home has increased 70 times in value since I bought it. It originally cost me $500. Now it's worth almost $35,000 according to my property taxes. And I didn't put anywhere near $35,000 of improvements into it. There are also some similar to this one that have sold for over $150,000. Maybe I should put it on the market for that amount and see what happens. A $150,000 down payment on a $300,000 condo would make it considerably cheaper.