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Old 11-20-2005   #22
AJ
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Join Date: Aug 2003
Location: Crystal, MN
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Re: Is the housing boom over?

Jana and I spent a few weeks looking at lofts downtown. There are A LOT of options but in reality is just a big spendy apartment with more room, sweet views, and resale value. We looked at 5 or 6 different buildings on the outskirts of downtown (past the Vu), and everything we liked would have been 500K plus. And that's just to have something with a little more room (200-300 sq feet more) than we already have. Anythign in the low range (300Kish) wasn't as appealing. Anything we fell in love with was 750k + Go figure. We won't be living downtown anytime soon.
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