Hacker News new | ask | show | jobs
by inferiorhuman 1441 days ago
I'd start by looking at places that had huge real estate bubbles like Las Vegas or are far enough away from anything interesting (like all the shitty Bay Area suburbs).

For a lot of not great reasons I've a condo in one of those shitty Bay Area suburbs. Four units in this complex were listed for sale this year. Two sold for a bit under 500k, and two are still asking well over 500. So yeah I'd say the upper bound currently is $500k. Pre-COVID prices were in the low 400s.

I've checked out the property tax bills for my neighbors, and, yes, some have an assessed value of well over $500k. They've been underwater for about a decade.