Engelo as I traverse this great land... one thing sticks in my mind regentrification is happening in almost all big mid
west rust belt cities... Even Detroit... and lord knows they need it..
Not exact matches
in an area like the mid
west or
rust belt were you can still buy homes for FAR less than replacement cost I agree with your thought process.
in the mid
west and
rust belt you will almost never get a home to sell for those numbers unless its being sold to an out of area buyer who does not realize how the market works in situ....