this post was submitted on 06 Oct 2023
574 points (97.4% liked)
Technology
59091 readers
3575 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Speaking of the relative cost of housing, you can buy an actual whole house in other parts of the USA for that much a month. That could be a 30-year mortgage payment on a 100k house.
In San Francisco/Bay Area that doesn’t even cover a parking space per month.
In the US, the average home price sold was $495k. Where can you find a $100k house that doesn’t need a tear down or complete renovation?
source
In the rural parts of the USA they are all over the place. Here is a 5-bedroom house for $95k in Illinois: https://www.zillow.com/homedetails/417-W-Illinois-St-Steeleville-IL-62288/119741473_zpid/
My first house was a 3 bedroom, 2 bath in rural Texas for 5k more than that. That was 14 years ago. I just looked it up and it's currently $130k. It was built in the 90s, is brick, and still looks pretty good.
So… your solution is to buy a house hundreds of miles away from their job?
Nope, I simply answered their question: "In the US, the average home price sold was $495k. Where can you find a $100k house that doesn’t need a tear down or complete renovation?"
My guy that is a 1900 built House. That is an immediate teardown on purchase.
What? Just because a house is old, doesn’t mean it isn’t still habitable. If a house that old is still standing and in good condition chances are it’s built better than new builds. And by the pictures, previous owners have taken a lot of care in it and upgraded it. Sure, the cosmetics may need to change depending on your preferences, but there is nothing wrong with that house structurally.
I really like how confidently you are wrong.
Did you look at it? That is not a tear down.