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More than I have ever been able to afford for all of my adult life.
The USA is huge variation but in my county median household income is $70k, median home price is $370k. It’s a rural area but with 2 cities within 40 miles or so. In my location travel north and income and house prices increase, travel south and they both decrease. My mortgage including taxes and insurance is $1,200 per month.
Finally! A real answer to one of these
Wage is 10k, house is 2m.
A nice house? Unattainable. A 90s RV? Possible.
You’re asking mostly people in the western world, a place besieged by a commodified property’s market. The landed gentry is returning, only this time by way of capitalism.
That’s not even a question that has one answer in my neighborhood, much less the whole city. And the whole US? Forget it.
Who mentioned the US?
OP: The original wording was “…in your country”.
Absurdly high is what they are!
Argentina
Houses and small apartments between 40K and 100K (USD)
Salaries are on average 180~250 USD
Rent is between 60 and 130 USD for one person.
That sucks! I feel for you and your fellow Argentinians.
Does a typical football match cost a lot? I have always wondered that about the game in some of the countries where it is the most popular sporting event. How many professional leagues are there? Do you have a favorite?
Mate, I really don’t know anything about football haha, don’t watch it at all, sorry to disappoint you.
I am disappointed!
Hahaha
you will have better luck asking guys here. usually all of them have a team that they adhere to
House is around 500k, median annual family income is 61.4k.
I’m in a college town, so… it varies wildly. You could probably rent a crack shack 10 miles from campus for basically nothing.
The floor for rent at a “decent” place is probably at least a grand. Actually buying a house? Who the fuck knows, but it’ll definitely be obscene.
My university-owned apartment is $600 with a roommate, which is honestly a pretty good deal considering that utilities (including gigabit Ethernet!) are included.
Houses: 2.5 million+
Townhouses: 1 million+
Apartments: 750k+
Median (individual)Income: 39k (post tax)
I had a look and it so happens there are 2 properties for sale within a few hundred meters from me.
€ 200,000 for a one room apartment of 46 m²
€ 560,000 for a large apartment with balcony
The nearest house costs a bit over € 1.2 million.
I got lucky with a cheap apartment ~40m² for € 662/month (which is almost as much as minimum wage here btw). Renting till I die I guess 🤷
This sounds exactly like where I’m at lmao
The house I rent for £1100 a month would cost somewhere in the region of £250k to buy, putting it firmly out of my ability, despite the mortgage payments almost certainly being lower than my rent.
Crazy isn’t it. We’re looking for ‘cheap’ houses in our area for £300k-£400k… Help
Late last year I bought a house. 1 hour from work because I couldn’t buy a house closer. It still cost 499k for 1480sq ft. My mortgage is $3600/mo
Moving closer to work and I couldn’t find any similar sized homes for less than 750k and those were fixer-uppers.
1/5th of my annual income with a degree and 6 years degree related experience. It’d be less if I could save up a down payment and get a mortgage.
A house is 1/5th of your annual income and you can’t save up a down payment?
A 20% down payment for you is only 2 weeks of your salary.
You could save income of about 6 hours worth of work each week to have a 20% down payment in a year
With an FHA loan, a down payment is 0.6% of your annual income.