i dont see how you all can afford to live in those places.
The town I live in the Midwest (US) has pretty affordable housing... I dont know what normal prices are...I would guess 3/2s are in the 120-200k and up US range..depending on locale. These same houses go for $500-800k (US) in California.....location location location.
I live on the border of the 'hood. Not a bad neighborhood, not a great neighborhood. We had the first new house built in the neighborhood next door to me a couple years ago. The builder was an idiot. He built a 3 bedroom 1 bathroom... Who the hell builds a new 1 bathroom? NO BASEMENT....NO GARAGE.... very little storage....about 1,000 sq. ft. Bank told him it would go for $85,000 (US). He couldn't even sell it for $70,000. So he has been renting it out for $500 (US) a month.... I think the family next door now is the second to go in there. The builder has a double deep lot...I think the lot is approx 75 ft frontage, by 200ft depth.... twice as deep as my lot...so he had plenty of room to build a bit bigger house and a garage. He was greedy, thought he could buy the vacant lot cheap, build a cheap frame house, and cash out....oops....
MY house that I rent is needing a lot of work. 800 sq ft.... 2 bedroom, 1 bath.... basement (not usable for storage because of water issues..only has furnace and water heater down there now)....my landlord offered the house to me for $15,000 (US) a few years ago....but I thought I was moving away (MTS assignment.... ::argh:::), which I didn't. He recently tried to sell the place for $25,000...couldn't get a bite. He has made a lot of money off me over the 9 years I have been here... I figured I paid so far $35,000 US in rent..... I bet if I offered him $15k now he would take it.... but it needs a new foundation, all new windows...at least $10,000 in renovations...inside is fine...just needs cosmetic work....
Snakes ()
