Aug
27

Torrance child care and odd pricing action: Torrance home sells for $27,000 and is immediately listed for $485,000.

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The morning news is now covering how unaffordable Los Angeles housing has become.  Just this morning there was a story about rental prices increasing the prevalence of poverty in the area.  Apparently this is somehow going to resolve itself even though cracks are now starting to form in the economic landscape.  There is now a band of people that seem to have this odd idea that everything economic and politically oriented is about keeping prices up for their crap shack.  You can have a story about an “asteroid set to destroy Earth” but they would respond by saying “but even if the meteor causes prices to drop 10 percent, it will always go up later.”   By the way, a 10 or 20 percent down drop equates to $70,000 or $140,000 for a typical Taco Tuesday crap shack.  Today I’m going to ask readers to dig into this story a bit more because I’m not exactly sure what is going on with this Torrance property…

Torrance child care and odd pricing action: Torrance home sells for $27,000 and is immediately listed for $485,000.

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