What is the price of the house in your country ?

China
May 2, 2010 2:36am CST
In my country ,the price of the real estate is becoming higher and higher .you should buy a new house by saving money for ten years .and in the period ,you should not having anything including eating and drinking . and the generation is under the pressure . What about your country ?is it the same background in your country ?how about having a discussion ?
1 person likes this
3 responses
@maximax8 (31046)
• United Kingdom
2 May 10
In my home country property is expensive and the prices vary. Some desirable areas are fantastically pricey and are out of my reach. Other pleasant areas can be more affordable. Some horrible areas are cheaper to buy in but are not awfully nice. Generally houses are small and gardens are too. That is because land is in short supply. These days first time buyers need 10 to 20% for a deposit and then they get a mortgage of three times their annual salary. I live on the edge of a coastal town. I wish to buy a bungalow and the cost is around £170,000. I am currently living in my second house. Five years ago I sold my cottage. Property prices are so high that many people rent a house to live in. It takes a first time buyer around 14 years to save up his or her deposit. I was so lucky that I was able to buy my cottage when I was 19 years old.
• China
19 May 10
the real estate is really expensive .and that is a magical story when you buy your cottage at 19 years old .in my opinion ,you must be good at investment or other ways to making money .and i would like to know that how long you spend your free time on mylot.
• United States
2 Jun 12
It depends where you are looking. I can't say what the price is because California & NYC will be way more expensive than in the midwest... but the wages are usually higher too. I would say in my neighborhood the homes go between $150,000-$180,000 houses on the other end of town that are newer go for $450,000 it's all about location, how new, condition, lot size, and the home itself.
@bonanza9 (257)
• Indonesia
2 May 10
It's about $20,000 for a small house and can go up to $100,000. Most people here can't afford that high money, but there's always credit option here. For apartment rent, it's just paying $1000 a month... Land prices here in Indonesia has been gone up though in the ew recent years. Dunno about the fluctuation of the real estate market.