Since the Covid hoax began not only have residential resales been a crazy market but also high end custom construction has been too. That's a niche product we offer and have over 600 of them going. I'm 65 and I've been shocked at the number of people my age who have built or are talking to me about building houses 2 or 3 times the value of the houses they'll be selling. One told me the kids inheritance will be this house. Hopefully they live about 20 more years because they're borrowing 80% of the project cost. I live in a 1,300 SF TH and cannot even imagine the idea of a 5,000 SF new build with a pool, etc.
I don't assume someone is well off until I dig into their finances. A lot of people who make the impression of people who have it made are pay check to pay check. Big pay checks mind you but they have no air if something goes wrong even short term.
I don't assume someone is well off until I dig into their finances. A lot of people who make the impression of people who have it made are pay check to pay check. Big pay checks mind you but they have no air if something goes wrong even short term.