Homes: Buy One, Get One Free!

A San Diego developer recently offered a "buy one, get one free" promotion on homes in Southern California.  From a recent article at 10news.com:

Michael Crews Development is offering new, 2000-square foot cityscape row-homes worth $400,000 in Escondido for free -- if you buy one Royal View Estate home in San Pasqual Valley starting at $1.6 million.

 

Times are definitely tough in real estate land.

Comments

[Lisa]

This is astonishing.

[CrossProfit]

Better off waiting for the "50% off - going out of business sale"!

[jbde]

What makes the royal view home worth 1.6mil? Certainly not the materials or labor. And Location Location Location is overrated. Such high priced homes are rediculous and the trend towards reasonableness will take years as pigheaded landowners and builders continue to overprice.

[User 26737]

NOTHING is FREE!

[H.W.]

the second home for free is already priced in the first one offered for $1.6MM. marketing tricks!

[unimpressedpragmatist]

Caveat emptor!

[Redfish Mark]

There's a GM pickup and SUV in the garage too.