Poor Baby

There was an article in the local paper today about a car dealer that is thinking about moving to a different part of town with better highway access. Good for him. The only problem is the area he wants to move to is some kind of snooty, high-society area. The reporter interviewed a woman living near the proposed car lot. She said the value of her house would drop by about $20,000. Bummer. I sympathized with her. I would trip out the value of my house sank like that. Then I read more of the article. She paid $500,000 for her palace, I mean house. Suddenly, I didn't feel all that sorry for her. I tried to put it in terms I could relate to. If she paid $100,000 for her house, the $20,000 would change to $4,000. If she paid $50,000 it would be $2,000. So as far as I can see, the value of her house is dropping probably about as much as she's happily paying for home insurance and personal property tax. Poor little rich girl. I'm not saying $20,000 isn't a lot of money, but if you can afford to spend $500,000 on a house don't come crying to me about $20,000.