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Old 04-07-2010, 03:24 PM
 
Location: Chicago: Beverly, Woodlawn
1,966 posts, read 6,073,774 times
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Apparently the house next door to Obama just sold for 1.4M. It was purchased for something like 35K in 1973. I calculate 10.2% annual appreciation. Not bad considering everyone said not to buy there at the time (and I don't think the Obama effect changed the final price by a significant amount -- maybe 10% max).
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Old 04-07-2010, 06:30 PM
 
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my teacher brought this up today while we were starting appreciation and depreciation. We got about 10.3 % appreciation. sorry to be so random lol
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Old 04-07-2010, 06:43 PM
 
8,425 posts, read 12,179,639 times
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What folks fail to credit is that his next door neighbor has been living there since '73, a white man married to a black woman. Obama's alderman is also a black woman married to a white man. And the president lives directly across the street from a synagogue.

And folks call Chicago residentially segregated.
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