|reply to lemonade |
Re: lesson about buying a house lol
I looked at purchasing a certain peice of waterfront property - very rare in this area. The trouble is that while Comcast has the TV franchise (read monopoly), and they refuse to go through the process to get permission to cross a single railroad track in the middle of nowhere (like the phone company already got permission to do) to service the last mile of this street. Neighbors claim they've tried for years, and Comcast said they'd do it for $30,000. Some neighbors were willing to pitch in, but they couldn't come up with the $30k.
So what should be a highly favorable piece of property, hasn't sold in 4 years at an otherwise below market price.
Another example of Comcast servicing the profitable areas, and neglecting the others within the same town.