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How much is your rent /mortgage?

Man, you guys live in expensive places. I own a 2700 sq.ft ranch on a mountaintop with 9 acres (3 grass, 6 wooded), 3 bedroom 2-1/2 bath, built in 2-car garage, my mortgage is $1300 per month but I'm paying $1600 to have it payed off within the next ten years. The house is appraised at $220,000. I have no neighbors within eyesight except for way down in the valley. :D
 
You can get a nice, new 3br, 2 bath house in my area for 120k+ depending on the size. You can also find a bargain in some of the older houses for under 100k. Condos in this area are stupid cheap. People have never seemed to like them in this area.
 
I can't believe how cheap housing is in the U.S

Here in Sydney, a house within a 15mile radius of the CBD will set you back a minimum of $800k to purchase a pretty average 3 bedroom house.

Rental will set you back around $2,400 per month for an average 3 bedroom house or around $1,200 per month for a pretty average 2 bedroom apartment.

And our wages in Australia are comparable to yours in the U.S
 
vinylgroover said:
I can't believe how cheap housing is in the U.S

Here in Sydney, a house within a 15mile radius of the CBD will set you back a minimum of $800k to purchase a pretty average 3 bedroom house.

Rental will set you back around $2,400 per month for an average 3 bedroom house or around $1,200 per month for a pretty average 2 bedroom apartment.

And our wages in Australia are comparable to yours in the U.S

I would say The Hampton are pretty close to Sydney.

$800 won't buy you much of a house here either - 3 br tops, 15-20 years old and not in the village.

Note: a starter house which I mentioned eariler is a 1-2br cottage they may or may not have been updated since the 1940's.

A 3br house rental would start at $3,000 - also not in the village.

Commercial real estate - I don't know what it is by foot - but the least expensive rent in East Hampton - off main street in an alley starts at $15k per month - roughly 700 sq ft.

Banana Republic - went out of business.
It's crazy.
 
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