If there’s anyone left who doubts the validity of the coastal housing bubble, consider this buy one, get one free deal publicized in the Los Angeles Times.
If you shell out $1.6 million for a nice home, you’re going to land a $400,000 California starter home in the deal. Kind of like “Landlords for Dummies,” California style.
If that doesn’t trip your wow factor, consider this rationale from Dawn Berry of Michael Crews Development, “We thought, ‘Why does it just have to be on Pop Tarts and restaurants? Why not buy one home, get one free.’”
Comparing a $400,000 house to a Pop Tart? Obviously, some developers are eating houses in California but this makes one even more appreciative of Wichita’s economic stability.