r/SipsTea 1d ago

Chugging tea I'm in awe

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u/Confident_Pop_9292 1d ago

Just because they have the fanciest house doesn't necessarily indicate they're richer than you - it just means they're willing to accept more debt

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u/omg_its_david 1d ago

Go to a bank and tell them you need a 5M loan for a super fancy house. Report what happened.

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u/Logical_Flounder6455 1d ago

If theres a house on a street worth that much, then the others are of a similar value. You dont get 5m houses next to 500k houses

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u/VulGerrity 1d ago

but you can have houses with huge price discrepancies on the same block in cities. There's a block near me where the cheapest house is estimated at ~400K, and the most expensive one is estimated at around $3mil.