• Holy shit why is american real estate so cheap?
    188 replies, posted
[url]http://www.destinrealestatesales.com/idx/detached-single-family/555267/details.html[/url] 2.6 Mil for... that. 4 Bedroom, less than 5,000 square feet There are mansions in Tennessee that cost a 10th of that.
hey guys [img]http://gyazo.com/9ae9c79c89de570b7e30c017c7d601e4.png[/img] This was the house sold near mine (mine is next to the right house, off screen.) A condo. No backyard. Nearly half a million dollars. Fuck that. When we bought ours in 2002, it was 430,000 or so. 2 stories, 2 bathrooms (my bedroom used to be a weight room,) no backyard, shitty front and back deck, and a shitty homeowners association.
For that price that's not even bad. if it were in sydney anyway. when it comes to real estate in sydney, half a million is basically nothing. also to clarify, what is the difference between a condo and an apartment? Ive never heard the term condo used in australia.
Look how their houses are built.Europe and australia build housesout of cement and stone.theirs are nothing but wood and paper. Also australia runs out of reliable space for houses while the us still has heaps of land. [editline]30th July 2011[/editline] Also australia had storms and floods destroying many many houses. Besides there is something fishy with the australian dollar anyway.
I'm in East Europe and houses are pretty cheap here. I live in a nice part of town in a house with 3 floors, 3 bedrooms and 2 bathrooms and it's worth only around $200k.
[QUOTE=Maxx;31426801]I'm in East Europe and houses are pretty cheap here. I live in a nice part of town in a house with 3 floors, 3 bedrooms and 2 bathrooms and it's worth only around $200k.[/QUOTE] 3 Bedroom, 2 Bath (More like 1, both of them combined is the avg size of a bathroom in other houses..), 1 story..$220K. Probably worth like 160K now :/
it's because they have a shit lot of land
[QUOTE=Pace.;31422349]when your economy is in the shitter, house prices go down. when ours is in the shitter, they stay the same, or just go up slowly.[/QUOTE] Sydney, Melbourne, and many of the other capitol cities suffer from a real estate shortage - there aren't enough houses on the market for everyone looking. For a great number of economical reasons. In america, it's the opposite. Everyones trying to sell off, meaning that houses have to be sold for more competitive prices if they're going to get sold at all. [editline]30th July 2011[/editline] [QUOTE=JLea;31425194]My shitty townhouse in Melbourne was worth like $600,000 5 years ago, now it's 1.2 million. lol[/QUOTE] Fuck, i think i remember meeting you out the front of it once. A long time ago with another now ex-mod.
just saw this what the fuck [img]http://images.domain.com.au/img/20101019/17272/15db1f3e-bde7-4d2f-aa22-19aa196fdd6d_FS.JPG?mod=110712-061505[/img] $1,650,000 in sydney
Holy fuck, this piece of shit costs $950,000 [img]http://images.domain.com.au/img//2011516/70/2009000888_1_FS.JPG?mod=110725-154702[/img]
To be honest one of the reasons for super duper cheap house prices in the US, that I can think of, is their insistance to seemingly only build their houses out of plywood. Admittedly that's possibly due to the weather in the US, but you don't really see that in Europe even in the warmer areas. And material costs a whole damn lot. It's still painfull to see a landplot with a plywood house cost a whole damn lot less than just the plot in some European areas. Though I guess that depends on the area. I know you can get really good deals in certain places. But you will never ever get anything even resembling a house near center unless you're willing to pay your lungs and kidneys for it. Somewhat due to Euro cities being older and going more for apartment buildings from the very beginning.
[QUOTE=Ven Kaeo;31422604]Almost 200,000 for a 3 bedroom is not 'cheap'. And who the fuck buys a house as their first step into moving out. You rent an apartment or live in a dorm.[/QUOTE] Not if you saved your money during college/university instead of buying Warhammer miniatures and doing up your crappy ford falcon (guilty). Luckily, my wife did :) But now I win the bread. [editline]30th July 2011[/editline] [img]http://images.portplus.com/562/1379048/8264639_325x.jpg[/img] $199,000 [img]http://images.portplus.com/562/1626712/10481946_232x.jpg[/img] $265,000 Beach Front Not the best, but that was a 30 second search in the closest city to me. (I hate the half roughcast half brick look that EVERY NZ house built before 1980 has. It's horrid.. but whatever. It's pretty solid and insulating).
[QUOTE=Ignhelper;31423465]What bout living in cities area? Like Flats? Also, why do people keep saying staying in a flat in the US is shit, Especially New York.[/QUOTE] [I][U][B]BUMP[/B][/U][/I]
[QUOTE=Jo The Shmo;31424415][img]http://i.imgur.com/FsVsg.png[/img] [img]http://i.imgur.com/o0MVP.png[/img] [img]http://i.imgur.com/777NP.png[/img] [img]http://i.imgur.com/P6nc4.png[/img] all of these houses are on my street within my own block. and every house near me, even the really small ones, sell for at least 600 grand. It all depends on location location location, you really can't generalize an entire country based on one really low-priced area (probably a shithole to live in too)[/QUOTE] i don't know why but all those houses look really creepy.
[QUOTE=BuDSpOoNce;31427386]i don't know why but all those houses look really creepy.[/QUOTE] Contractor must've had a pointy roof fetish.
[QUOTE=Lufttygger306;31427026]Holy fuck, this piece of shit costs $950,000 [img]http://images.domain.com.au/img//2011516/70/2009000888_1_FS.JPG?mod=110725-154702[/img][/QUOTE] welcome to sydney
Facepunch should have a community donation tab to get cash to but a party house in the USA. [editline]30th July 2011[/editline] Also in Poland houses are free as long as you build it yourself, far far away from populated cities (very easy to do) and out of wood with your bare hands. Like this baby here, oh man that's a wet dream [img]http://www.survivalmagazine.org/survival-blog/wp-content/uploads/2011/03/shelter-leanto.jpg[/img]
[QUOTE=Lukasaurus;31427316]Not if you saved your money during college/university instead of buying Warhammer miniatures and doing up your crappy ford falcon (guilty). Luckily, my wife did :) But now I win the bread.[/QUOTE] If you are not in immense debt by the time you leave university, you haven't studied far enough. [editline]30th July 2011[/editline] [QUOTE=BuDSpOoNce;31427427]welcome to sydney[/QUOTE] inner city townhouse are fucking disgusting over priced shit.
[QUOTE=Lukasaurus;31427316]Not if you saved your money during college/university instead of buying Warhammer miniatures and doing up your crappy ford falcon (guilty). Luckily, my wife did :) But now I win the bread. [editline]30th July 2011[/editline] [img]http://images.portplus.com/562/1379048/8264639_325x.jpg[/img] $199,000 [img]http://images.portplus.com/562/1626712/10481946_232x.jpg[/img] $265,000 Beach Front Not the best, but that was a 30 second search in the closest city to me. (I hate the half roughcast half brick look that EVERY NZ house built before 1980 has. It's horrid.. but whatever. It's pretty solid and insulating).[/QUOTE] Wheres that last house, it looks great. And for $265,000 and its on a beachfront, that's awesome. That would be in excess of 1.5 million dollars in sydney.
[QUOTE=Pace.;31427708]Wheres that last house, it looks great. And for $265,000 and its on a beachfront, that's awesome. That would be in excess of 1.5 million dollars in sydney.[/QUOTE] probably christchurch (too soon?)
Texans were complaining because a African American bought a Mansion in there neighbourhood for $16, because the original owner didnt pay his loans so the house was sitting there empty waiting for someone or the owner to claim/reclaim it, the man who bought it only had to pay for the documents for taking the house into his ownership, if the original owner doesnt attempt to reclaim the house in the next 3 years and pay off their loans, this man will own a mansion for $16 in a predominantly white,racist,upperclass texan neighbourhood.
I live the DC area. Our house was built in 1939, and only has two bedrooms according to realestate guidelines, but it has a third in the basement...whatever. Anyway, it has two bathrooms, and a rather small yard. House is relatively small in general. $850,000. Location location location. Size / bedrooms has nothing to do with it here. The land is more valuable than the pieces of wood and metal sitting on top of it.
[url]http://www.ehow.com/how-does_4895257_what-determines-property-value.html[/url] Location, the house itself, and the real estate market all determine the price. I still can't believe the difference in price between American and Australian houses though. Either the houses in Australia are all near a lot of things, or the difference in their markets is really just that high. Then again, [b]EVERYTHING[/b] in Australia costs more than it does in America. My (not mine) house is 2 story, 5 bed, 2.5 bath, has a big yard, and costs slightly over $100k. Then again, West Virginia has a shit economy and there isn't much to do here.
Hm, Holland is a small country but still the houses are not THAT overpriced [img]http://www.uploadplaatjes.nl/plaatjes/3/103099.png[/img] [url]http://www.funda.nl/koop/amstelveen/huis-47816046-veldlust-8/fotos/[/url] 480.000 euro
[img]http://img819.imageshack.us/img819/6950/56500026af413068b67e86c.png[/img] Swedish suburb: $220k, two bathrooms, three bedrooms, glassed porch and a forest in direct connection to the plot itself.
[QUOTE=Ignhelper;31423465]What bout living in cities area? Like Flats? Also, why do people keep saying staying in a flat in the US is shit, Especially New York.[/QUOTE] BUMP, please answer.
Pro tip: Pennsylvania is basically giving land away. Pro tip: New Jersey is expensive as hell. [editline]30th July 2011[/editline] [QUOTE=Ignhelper;31428690]BUMP, please answer.[/QUOTE] The closer you get to cities the more expensive it gets because you are paying for the close proximity to stores and such, and if you get an apartment you are ususally right in the middle of a city and you have to pay a lot for a small place. (thats kinda my reasoning)
In Finland, you can't get an old 2-room apartment in a 3-story highrise with those prices. Especially if there's more than woods around the house.
Wow that looks good. [url=http://athomeeu.reastatic.net/images/annonces2/image_/fa/30/31/b99062abdfede40f95a1e8a6c9d55769_1_11-20:08:18.jpeg]A twelve room house[/url] for 389.000 euro. That's Germany.
[QUOTE=darth-veger;31427946]Hm, Holland is a small country but still the houses are not THAT overpriced [IMG]http://www.uploadplaatjes.nl/plaatjes/3/103099.png[/IMG] [URL]http://www.funda.nl/koop/amstelveen/huis-47816046-veldlust-8/fotos/[/URL] 480.000 euro[/QUOTE] My house (no garage and attic) looks about the same size but is less than half that prize. I'd rate that house "fucking overpriced". [QUOTE=proch;31429701]Wow that looks good. [url=http://athomeeu.reastatic.net/images/annonces2/image_/fa/30/31/b99062abdfede40f95a1e8a6c9d55769_1_11-20:08:18.jpeg]A twelve room house[/url] for 389.000 euro. That's Germany.[/QUOTE] House of that price i'd expect to cost atleast a million euro.
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