It's All Relative

Today we are going to sign the second extension on our contingent bid on the house up north. This Old House still hasn't sold, and I guess it must not be worth what we thought it was.  I don't quite understand that, because it appraised at near what we are asking for it before we painted it and added landscaping, but the entire exercise of trying to sell the house has made me realize IT IS ALL RELATIVE.

Take those poor people out in California.  We know the price of real estate in California is akin to the price of chocolate bars on Gilligan's Island.  If you're Mr. Howell, great, but everyone else is snacking on coconuts.  Think of the people who lost their homes in the mudslide.  It was horrible beyond belief for them, but they may have, MAY HAVE gotten an insurance payout.  Their neighbors, though - hoo boy.  I am having trouble selling my house because the neighbor across the street has a half-pipe and a Ryder van in his backyard.  What if it were 500,000 tons of mud that could fall on my house at any time? 

The value of homes = relative.

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