In a sign of how difficult it is to sell new homes in Southern California right now, a San Diego developer is offering a "buy one, get one free" deal, pairing million-dollar homes with less expensive homes."We thought, 'Why does it just have to be on Pop Tarts and restaurants? Why not buy one home, get one free,'" Dawn Berry of Michael Crews Development told 10 News in San Diego.
More: "Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free -- if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million. 'You know it's a straight-up legit deal; no prices have been increased, there are no hidden costs. Michael is just giving away a free home for people that buy at Royal View,' said Berry."
I don't think that this is going to do much to solve the housing crisis.
I mean what kind of a person can afford to take care of two homes? Two sets of property taxes. Two places to maintain. It just does not seem to be something that could appeal to the average new home buyer.
Unless of course the marriage was a little rocky. Now "his and her homes" might be a smart marketing ploy.
so let me get this straight- the houses are worth 400,000 each-so you could buy them TWO for 800,00 dollars...and why would you pay 1.6 million for two ??? I don't get it....
ReplyDeleteso strange...
no wonder so many people are second-homeless.
ReplyDelete