(Latest post in a series on Affordable Housing)
Gadfly is facing the downsizing dilemma.
Gadfly is facing the downsizing doldrums.
Gadfly is facing the downsizing decision.
He has recently told you that his neighborhood is changing, that student rentals are increasing.
He has a five-bedroom house, wonderful for raising a brood of “Irish sextuplets” (6 boys in 9 years).
A developer would not have to spend a penny in rehabbing.
Kim Carrell-Smith recently pointed out in another post that we should read again that houses in the First Terrace section on the Southside sold for the “extraordinary sum” of an average of $240,000 each: “housing prices are going nuts”!
Gadfly paid $13,500 for his house a thousand years ago.
He could now make a fortune.
A house on his hum-drum, routine, middle-class, nothing-special block sold for just shy of $200,000.
Seriously.
The temptation is to sell and hang the “out to lunch” sign on Gadfly.
Feathering his own nest (so to speak).
Apres moi, le deluge!
Gadfly needs an intervention.