Crazy how cheap houses are in USA compared to UK
 

£250,000 can get you this.

http://www.rightmove.co.uk/overseas-...-50677210.html

£400,00 can get you this.

http://www.rightmove.co.uk/overseas-...-49448212.html

£600,000 can get you this.

http://www.rightmove.co.uk/overseas-...-50444890.html

etc.

To have a house like the first one in most parts of UK, you'd probably have to have about at least 500k.

To have a house like the third in North london you'd probably have to have about £8Million.

That's not cheap

In comparison to UK prices I mean.

I like the third house

600 for that third house is well cheap

You are not comparing like for like though Will, you need to compare London to New York

I'll do that now.

No idea what New York prices are like so should be interesting, I think Connetticut would be like living in Suffolk

You could buy half of Wales for 50p :laugh:

London is more expensive than NY according to articles.

Housing is also more expensive in London. According to Global Property Guide, London ranks number two (Monaco is number one) in terms of the world's most expensive cities to rent and buy. It costs $34,531 per square meter to buy in London. It costs $18,499 in New York City.

Article from May 2015

London is not "general UK". :joker:

Wow that's interesting, prices in London are steep feel sorry for anyone trying to get on the property ladder at the moment. We bought our first flat In Walthamstow 20 years ago for 40,000, the same flat recently sold for 300,000

I've not compared it too London. :laugh:

yeah it's ridiculous, I was looking at old newspaper the other day in the house and the house next door (Winchmore Hill area) was bought for £140K in 1990's and now worth in the region of £600-800k.

340,000 is not cheap in America. You can't even get that in a year at a straight out of university job here.

Which is also why I haven't moved out of my parents place. Apartments are a bit expensive too.

get money bitch

If you go on Zoopla it will show you what your neighbours paid :hehe:

:smug:

I know, imma look now. :hehe:

Number 4 bought their house for 160k in 1995, now worth £872,000.

my mum bought our house for £620,000 in 2013 and now worth £842,000.

number 6 bought their house for £290,000 in 2000, and now worth 800k.

I love how you assume we're interested in your neighbours. :smug:

I find the comparison quite shocking.

Get in... Number 4 :laugh:

Don't be jelly of us property magnets Morsh

Number 8 are winning the most.

bought for 1.2M in 2013, now worth 1.7M.

That's me Will I didn't like to say ..

This is London prices

oh so your the one that every thinks is a snob and bitches about.

:joker: no change there then

Yeah, that's me, I didn't like to say. :hehe:

What are house prices like in LA?

:suspect:

Expensive

Why are you so interested in this Will? :laugh:

I'm curious.

I suppose there could be other factors, they have more land to build bigger average houses and £250,000 in the USA might not be equivalent to the same in the UK. There could be differences in wages and they gotta pay for health care and guns and stuff. :laugh: Those wooden walls probably cost less to build than bricks too. London prices are silly though not just for houses but for everything!!

The fact you're highlighting that as if it's shocking I think says a lot about the differences in prices :laugh: To save the 220k equivalent in the UK it'd take about a decade without any spending on the type of job you're talking about.

I'm very envious of you Americans when it comes to house prices.

Do you live in London samuel

No, why?