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Accurate-Historian-7 t1_j4dq859 wrote

Reply to comment by [deleted] in RI Real Estate by DIMINISHED_VALUE

Unfortunately 400k doesn’t get you much of anything anymore. Got to spend closer to 500k or be willing to put in some major sweat equity. However in comparison to Massachusetts it’s definitely an upgrade coming here.

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[deleted] t1_j4dqjbh wrote

Gets a decent small home on the eastern shore, but yeah not a huge family home. It would still cost 40% more in Mass.

When I bought here, it was because a nice place I was looking at in Rockland, MA had tons of asbestos shingles. Remediation cost was over $100K.

In Bristol County RI, I found a larger place with a bigger yard, a 2 car garage and no asbestos for $150K less. It was a no brainer.

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Wide_Television_7074 t1_j4eddmx wrote

there’s some real affordable homes on the south coast of mass and decent property taxes

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PalatioEstateEsq t1_j4gy55a wrote

How the fuck is $500,000 affordable? What reality do you live in?

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Wide_Television_7074 t1_j4iwyrs wrote

you can’t buy anything liveable for $400k — you can die on that hill but it won’t do any good

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PalatioEstateEsq t1_j4ix8r0 wrote

We know that, that's why there is a housing crisis. $400k to $500k is not "affordable" just because it is the lowest option.

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Wide_Television_7074 t1_j4jz6lu wrote

the government created the affordability crisis by stealing from us via inflation. this is the product of deficit spending. maybe if people voted for fiscally responsible leaders, this wouldn’t happen.

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