- Mar 20, 2011
- Reaction score
- Northeast Texas
Tell me about it! A dear friend of the last 40 years inherited from her father. She and her siblings had NO idea of all the investment accounts and real estate he had. He passed away 5 or 6 years ago and left them all wealthy. She told me they just sold the last piece of land he had, 109 acres in Pflugerville, Tx. It sits between a Amazon warehouse and Tesla. Guess what it sold for? Try NINETEEN MILLION!! Developers bought it to build new houses for the Tesla and Amazon workers.
I just want to sell my little patch of dirt, go sit back and see what happens. I don't think real estate prices can keep going up, middle class is being priced out of the market. When middle class can't afford housing, that means trouble.