Yes or they bought their house in 1995 and insist it’s the same market. |
My friends who live in Europe think house prices in our large NE city are still cheap! |
Where in Europe? |
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless"
-Thomas Jefferson |
Several countries including Netherlands which is not a big foreign money attractor. |
Housing in desirable areas of Amsterdam are expensive. But there's also much more affordable housing elsewhere in the Netherlands. On the whole, European housing is more expensive but it's not always more expensive. Depends on what you're looking for and where. And depending on the country the mortgages are also different and people are able to take out bigger mortgages on smaller incomes. Americans do get more money for housing. |
do they also live a few miles from the president? |
70 million+ people in the US live in metros with comparable or high housing costs than DC. DC isn't so special. And it compares very favorably with its peers for affordability... with very high incomes. |
January 2024 homes just hit a new high. Meaning anytime from birth to Dec 2023 you could have bought at a lower price. |
Average house in Netherlands is 460k euros, average HHI is 30k euros. The US is dirt cheap by comparison. |
100 percent agree. Why are such policies not even discussed? |
Which means 250 million Americans live in cheaper metro areas, no? Honey, you are digging your own grave pretending DC isn't an expensive market. |
If you think you can earn a comparable income in a cheaper housing market, you should move. That's what we did. To the DMV from a much more expensive market. |
it's not expensive for a major city. ("no, no it's not a major city, it's just a city where presidents live") |
“Don’t believe everything you read on the internet.” -Abraham Lincoln “According to the Jefferson Encyclopedia, the earliest printed reference to this quotation found so far appeared in a 1937 Congressional subcommittee report, which means there is no known record of these words having been attached to Jefferson’s name until well more than a century after his death (1826). And even though this quotation has bedeviled historians for several decades now, no one has yet turned up any Jeffersonian speeches or writings or other documentation demonstrating that Jefferson ever uttered or wrote these words.” https://www.snopes.com/fact-check/bank-shot-2/ |