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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.
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.
House is around 500k, median annual family income is 61.4k.
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
Ontario here. The numbers they report are the “average” but I call bullshit. Reality Average one bedroom apartment $2500, 2 bedroom basement $1800. Utilities extra. Buy a townhouse $700-$1m. Detached $1m+. We are so fucked.
To be able to afford a 1 bedroom apartment one person must make around $80k a year. If you want to purchase a house, we’ll good luck unless your household income is over $200k and even then you’ll be scraping the bottom of the price barrel.
That’s not even a question that has one answer in my neighborhood, much less the whole city. And the whole US? Forget it.
I couldn’t even answer that question here in the Netherlands and our country is about 237 times smaller than the US
Who mentioned the US?
OP: The original wording was “…in your country”.
Houses: 2.5 million+
Townhouses: 1 million+
Apartments: 750k+
Median Income: 39k (post tax)
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?
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.
Absurdly high is what they are!
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.
Inner eastern Melbourne, Australia. Properties are bought by Chinese investors (not racist, stating a fact) for AU$1-2 million, demolished, replaced with McMansions, sold for over AU$4 million. Within ten years these garbage concrete boxes are cracking and falling apart.
Some suburbs look like McMansion ghettoes and are completely out of reach of ordinary people.
