Scottie, nah you forgot to add in rampant immigration, demands on free housing, buying on credit was just starting, stimulus spending, CDOs etc. but not inflation!!
Midge, The main reason of inflation IS interests. Oh and by the way, we're all immigarnts unless you live in the house you were born. Do your DNA test and you'll be surprised of your ancestors. The land under your feet in not YOURS, as long as you have BUY property
Well in Hungary a house like that cost 50-60kk, avg income 0.35kk, and it is 12-14 years of income.
Me and my wife we got 0.75k/month income and the rent and the food and the cost to go to work not including clothing cost me 0.61/month. We don't go to summer vacation, we work on weekends too. BTW my wife is engineer at Samsung and I'm and engineer at Ericsson.
If you can have a house for 20 month of income or rent is less than 1/3 of your income, you are richer than 70% of Hungary.
To add to your point, both houses offered in the only 1 bathroom. These look like they were meant as starter homes and probably with very little space.
Scottie, nah you forgot to add in rampant immigration, demands on free housing, buying on credit was just starting, stimulus spending, CDOs etc. but not inflation!!
Midge, The main reason of inflation IS interests. Oh and by the way, we're all immigarnts unless you live in the house you were born. Do your DNA test and you'll be surprised of your ancestors. The land under your feet in not YOURS, as long as you have BUY property
Well in Hungary a house like that cost 50-60kk, avg income 0.35kk, and it is 12-14 years of income.
Me and my wife we got 0.75k/month income and the rent and the food and the cost to go to work not including clothing cost me 0.61/month. We don't go to summer vacation, we work on weekends too. BTW my wife is engineer at Samsung and I'm and engineer at Ericsson.
If you can have a house for 20 month of income or rent is less than 1/3 of your income, you are richer than 70% of Hungary.
To add to your point, both houses offered in the only 1 bathroom. These look like they were meant as starter homes and probably with very little space.
So you don't need anything to eat, clothes etc...
nah you forgot to add in rampant immigration, demands on free housing, buying on credit was just starting, stimulus spending, CDOs etc. but not inflation!!
Well in Hungary a house like that cost 50-60kk, avg income 0.35kk, and it is 12-14 years of income.
Me and my wife we got 0.75k/month income and the rent and the food and the cost to go to work not including clothing cost me 0.61/month. We don't go to summer vacation, we work on weekends too.
BTW my wife is engineer at Samsung and I'm and engineer at Ericsson.
If you can have a house for 20 month of income or rent is less than 1/3 of your income, you are richer than 70% of Hungary.
To add to your point, both houses offered in the only 1 bathroom. These look like they were meant as starter homes and probably with very little space.