Saturday, April 16, 2005

Be on the Lookout for BS Stories

Be on the look out for BS stories. I don't know if the "anecdote" below is true or not, but this is the second time in a week that I have seen this type of story. It is from this website. Given that the story sounds very familiar, I'm tempted to believe it is more "urban legend" than actual truth. Then again, the mainstream media and alternative media seem to be filled with all kinds of unbelievable real estate stories lately.

"A couple of weeks ago, I talked with a guy who lives in New Jersey. He told me that his house has more than doubled in value in the past 5 years. He bought it for less than $300,000. His neighbor across the street put his home up for sale - came over to his house - and asked him to put his house up for sale for a million. He doesn’t want to move and his neighbor knows that, but the neighbor thinks a high asking price on one house will allow him to make more money when someone buys his.'

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