• dan1101@lemm.ee
    link
    fedilink
    arrow-up
    25
    ·
    edit-2
    1 year ago

    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.

  • taanegl@beehaw.org
    link
    fedilink
    arrow-up
    15
    ·
    1 year ago

    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.

  • Fleppensteyn@feddit.nl
    link
    fedilink
    English
    arrow-up
    10
    ·
    edit-2
    1 year ago

    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 🤷

  • kier@lemmy.world
    link
    fedilink
    arrow-up
    10
    ·
    edit-2
    1 year ago

    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.

    • thisbenzingring@lemmy.sdf.org
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 year ago

      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?

  • Saraphim@lemmy.world
    link
    fedilink
    arrow-up
    8
    ·
    edit-2
    1 year ago

    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.

  • colonial@lemmy.world
    link
    fedilink
    arrow-up
    7
    ·
    1 year ago

    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.

  • DirigibleProtein@aussie.zone
    link
    fedilink
    arrow-up
    6
    ·
    1 year ago

    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.

  • DJDarren@beehaw.org
    link
    fedilink
    arrow-up
    5
    ·
    1 year ago

    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.

    • jaackf@lemm.ee
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      Crazy isn’t it. We’re looking for ‘cheap’ houses in our area for £300k-£400k… Help