We built some big houses and sub contracted parts of others. Doctors, lawyers and other highly paid professionals can easily afford houses like that. We built a 5500+ square foot house for a commercial insulating contractor. Not that there was a fortune to be made in insulating work. That guy made his fortune removing asbestos from schools. He's paying for it with health problems now.
A lot of people made a bunch of money in the stock market. Many cashed in and built big houses.
In the late 90's early 00's there were a lot of nice, mid size houses built in this area. I'm talking 1600-2400 SF. As often as not the buyers had two new cars....probably leased. MANY of those houses were put up for sale within 5 years. The owners cashed in on the inflated housing prices and got out from under the big house payments and sky rocketing real estate taxes.
New construction is still in the toilet here. Running about 10% of what it was prior to the crash.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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