[dmitrynts]

A 60 sq m flat near where I live is for sale for £240,000 (an the equivalent of €340,000). Mean household income for the ward is £38,000 (or €54,000). So 6x times average household income, give or take.

[Qnpqbpac]

Wait, household income is what two people earn? So 6x household income would be 12x income of one person? That's exactly the same as in Croatia for that apartment size!

It's quite interesting, I think. We have vastly different incomes in absolute numbers, but affordability (prices relative to earnings) seems to be in the same ballpark.

[tuszit]

By way of comparison, my hometown in Ohio, near Columbus. Exurban/rural, but within about 1/2 to 1 hour commuting distance of downtown Columbus.

Mean adjusted gross income (2004) = $36,768
Ranch-style House (250 m^2 or 2500 feet^2, plus about an acre or 0.4 hectares of land), 2 or 3 car garage = $175k, or about $700 per square meter of house
Car required, riding lawn mower required

Most unacquainted Euros will be astounded by how much house many Americans & Canadians have. Frankly, most have no Earthly conception, Kuci's bathrooms notwithstanding. I'm guessing that the Aussies and Auklanders are similar to the Northern Americans.

A childhood friend recently bought 2 acres (0.8 hectares) plus built a new 4,000 square foot (400 m^2) house for about $300,000 total. A real palace, IMO. Planning on 6 children. Comparing circumstances among all my childhood friends during the holidays is really interesting.

[Gypejeva]

Just to add numbers so we can continue the mission stated in the OP. In my parent's neighborhood, Scripps Ranch in San Diego, you can buy a newish track home on a very small lot (0.08 acres) 3/2.5 1750 sq ft for $650,000 which is ~$371.41 per sq ft or you could buy a lake view custom designed home with 4 bed/3.5 bath and 3660 sq ft for $1,650,000. That comes to be about $450.82 per sq ft.

Housing prices are down by a significant amount right now too so many people in the nicest homes simply aren't selling and are waiting for things to improve. My parents house is an older track home built before land prices went through the roof so their 0.33 acre lot bordering a wooded open space preserve would likely command a premium simply due to the lot size. In fact up until last year we were seeing people buying 70's and early 80'd vintage homes just to get the lots and then tearing down the 25-35 year old house in order to build a new McMansion. Kind of sad but I guess that's what the market is demanding.

[RussellPG]

Info for Buenos Aires


An apartment with 2 bedrooms in a high class neighbourhood

from 80 to 130 thousand dollars

An apartment with 2 bedrooms in a middle class neighbourhood

from 60 to 95 thousand dollars

An apartment with 2 bedrooms in a working class or even poor neighbourhood

from 35 to 60 thousand dollars

[Aeaefee]

Originally posted by Barnabas
Info for Buenos Aires


An apartment with 2 bedrooms in a high class neighbourhood

from 80 to 130 thousand dollars

An apartment with 2 bedrooms in a middle class neighbourhood

from 60 to 95 thousand dollars

An apartment with 2 bedrooms in a working class or even poor neighbourhood

from 35 to 60 thousand dollars Please provide average yearly earnings, we can't compare otherwise.

[CxofxJFm]

Originally posted by DanS
By way of comparison, my hometown in Ohio, near Columbus. Exurban/rural, but within about 1/2 to 1 hour commuting distance of downtown Columbus.

Mean adjusted gross income (2004) = $36,768
Ranch-style House (250 m^2 or 2500 feet^2, plus about an acre or 0.4 hectares of land), 2 or 3 car garage = $175k, or about $700 per square meter of house
Car required, riding lawn mower required
I work about an hour south of Columbus and that's what it is here, same for around Cincinnati, where I am. I really like here, for the price. The culture, or lack there of, takes some getting use to. Still, the Midwest hospitality is pleasing. Especially comapred to the "don't talk to me you worthless scum" attitude of Californians, who use to be so laid back.

[Eeaquzyh]

Originally posted by DanS
Most unacquainted Euros will be astounded by how much house many Americans & Canadians have. Frankly, most have no Earthly conception, Kuci's bathrooms notwithstanding. I'm guessing that the Aussies and Auklanders are similar to the Northern Americans. My place in central Sydney cost me about AU$440/month in rent. US$330 at the prevailing exchange rate. Equivalent cost in London is about £500, or US$1,000.

My brother's over in the states and his fiancée is from Minneapolis. Man, what I could buy there for the price I paid for my flat here. It would of course mean living in Minneapolis...

Give it ten - fifteen years of house price growth and London salary and I could probably retire to Brisbane or Adelaide quite easily.

[genna]

Originally posted by VetLegion


Please provide average yearly earnings, we can't compare otherwise. Info from a study published last week

People who earn over 9800 pesos per month (2900 dollars per month) are considered wealthy, this is 5% of the population. Of course this group includes people who earn much more than 2900 dollars per month, the average wealthy person earns 21.000 pesos or 6500 dollars per month.

People who earn from 4000 pesos to 9800 pesos per month ( 1275 to 2900 dollars per month) are considered high middle class, and are 15% of the population

People who earn from 2000 to 4000 pesos per month ( 637 dollars to 1275 dollars) are considered typical middle class and are 25% of the population

People who earn from 1000 to 2000 pesos per month ( 320 to 637 dollars per month) are considered working class and are 25% of the population

People who earn less than 320 dollars per month are 30% of the population and considered poor.


The average income must be around around 550 dollars per month, around 6500 dollars per year

[Evoryboypoto]

VetLegion, dude, houses are expensive in here. In theory, you can get a cheap house if you live in the middle of nowhere in some crappy thing you build yourself.

Like.. I can't get a house for a LOOOOOONG time. Of course I'm young but the point is, I'm not sure if I can ever own a house in here. That's why I'm looking to get away, go abroad and score big first.

Don't get me wrong, I'd like to own a house in here. We've got some beautiful places... and a summer cottage, oh yes... that's my personal heaven, sit in the terrace of the sauna, jump from the chair to the lake... climb back up and drink some more beer, and complete silence. No sounds what so ever, like you're the only person in the world. The lake is picture perfect and makes 0 waves, just like a mirror. It's a heaven. So I'm looking to get them but I just need to get out first to score and then possibly get back. I'd like to spend summers here and winters somewhere else.

Anyway it's looking good, since I had a chat with my co-workers today, I feel they're talented and definitely on the right track (that is we all agree ), and there's this common career path where we all feel like we want to do consulting for executives etc. Very high class consulting. And we know we're about the only ones in ths country specializing in the field of security we do (because we're the only Uni doing it in here). soo.... I think it's looking good. Need to score. I think we have the people here, if they want to ... connect the dots and maybe form some serious business... we'd already have some big ass clients, international, who we work for all the time anyway.

Shiiit... so anyway, we'll do that, THEN I buy the house. If I get a very nice house, VetLegion, I will invite you there so you can stay as my guest for some time. NOTE: this doesn't mean stay as long as you want. It means you can stay like a week.

[wowwieholmes]

House by a lake, Pekka? Mind the mosquitos.

[12ZHeWZa]

For my county:

Median household income in 2005: $73,919
2005 median house value: $229,000

We paid ~ $165/sq.ft. for a house on 5.8 acres of land in June of this year. Given what other similar properties went for, that is fairly typical.

-Arrian

[themsrsdude]

Any decent places to work in canada that need Chemistry teachers?

[Aeaefee]

1486 sq ft (138 sq m)
3 car garage, 3 bed 2 bath (slowly adding another 1200 sq ft (110 sq m) 2 bed 1 bath in the basement w/2 stairwells)
$170,000 (€120,000)
$120/sq ft (€870/sq m)

Household income is around $80,000 (but MAN do I have ALOT of expenses!)

So for me, it's just over 2x. Not bad.

So looking at the census, it says that the median Wisconsin household income is only 57,000 (which I find hard to believe) and that the median house price is 112,000 (which I also find hard to believe) which makes it just under 2x. Looking at my numbers and looking at yours, I think I miscalculated somewhere (or I got faulty numbers).

(I like my house)

[LSDDSL]

BTW...

[Xodvbooj]

Nice house Donegeal
What is on the back side?

[Turbo-ip]

Originally posted by Donegeal
BTW... I'd sick the home owners association on you. Your yard looks like crap.

[mplawssix]

thanks guys...

Yes, the yard looks like crap because its a city assor photo taken about 6 months before I bought it when the builder had taken it off the market for a couple of months to tweak things.

But it IS a crappy lawn. Weeds everywhere that I'm fighting with (and slowly winning). I call it a 'multi-cultural lawn'. Others have asked if I had applied to the city praire restoration project...

Yes the garage is big (880 sq ft), but the back is the stairwell to the basement and the laundry room, so it is not the entire width of the house.

Back has a small deck (170 sq ft) and a yard big enough for badmitten net (I'd beat the tar out of ALL of you!!!). Actually, it's big enough for a net on either side of the deck because it's a corner lot.

The really nice thing is that right across the street is a nice city park. Baseball fields, basketball cout, play ground and enough space so no one feels crowded.

[zttrftwsq]

Originally posted by BlackCat




No offense, but it looks like there are more garage space than living space

Spec.

[zueqhbyhp]

I got a 2 bedroom 1400 sqf condo in Gatineau for 145 000$ this summer. Fairly nice place too, just next to the National Capital Commission woods. In Ottawa - 5 mins drive - it would be about 200 000$ for the same thing.