My house was £52k in 1997. Increased 350% when I bought it in 2023 and we got quite a lot taken off as it needs quite a bit of work. Heating didn't work properly, didn't have cooking facilities, a lot of the plaster isn't actually attached to the walls very well - that one I only fixed the worst patches myself but think I did a reasonable job of it.
That's not unreasonable. Starting a small business is manageable with business loans which you can get from a bank with nothing more than a well written business plan. If the flower shop makes more than the business spends on rent, labor and supplies any normal schmoe can have a neighborhood flower shop.
Or grandma, the widowed, retired elementary school teacher, whose deceased husband owned a neighborhood flower shop.
That grandma probably bought the house in 1975 for $50,000.
My house was £52k in 1997. Increased 350% when I bought it in 2023 and we got quite a lot taken off as it needs quite a bit of work. Heating didn't work properly, didn't have cooking facilities, a lot of the plaster isn't actually attached to the walls very well - that one I only fixed the worst patches myself but think I did a reasonable job of it.
That's not unreasonable. Starting a small business is manageable with business loans which you can get from a bank with nothing more than a well written business plan. If the flower shop makes more than the business spends on rent, labor and supplies any normal schmoe can have a neighborhood flower shop.