According to reports a California developer has devised a radical sales pitch to shift new homes amid the current property slump which is buy one house and get another one free. The Escondido-based company has said that it will throw in a free four-bedroom home worth $400,000 for buyers of one of its luxury detached houses, which cost from $1.6 million.

As we know sales of new homes have plummeted by more than 40 percent across the US since their peak almost three years ago and it’s said that California has been hard hit.

It’s said that the luxury home boast features such as a pool, Jacuzzi and giant garage capable of housing up to six cars or a 40-foot motor home while the smaller “free” houses have “trendy skylights” and patios. It sounds to good to be true.

The promotion has been running for three weeks but so far no-one has gone for the deal. Maybe that’s because it is hard to believe. The company has one offer on one of the luxury properties but the buyer has said he does not want the free home. Instead he wants to trade in his current house towards the asking price, something the company has done in the past and is considering.

What do you make of this idea?

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