![]() 09/13/2018 at 00:40 • Filed to: None | ![]() | ![]() |
Now that I have 4 cars, I wish I could afford a detached house to keep them at. Sadly this infographic shows the median house price and the income you’d to buy it.
![]() 09/13/2018 at 00:46 |
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Come on down to Kansas, we’ve got cheap houses...
and wheat...
lots of wheat
![]() 09/13/2018 at 00:52 |
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Looks cheap to me. #BayArea. I’m in the lower few green areas, except I’m in San Francisco, so yeah - welcome to the boat. I rent a detached house (with a roomate) outside the city. I get asked all the time whether I own because people are often fishing for whether they should respect me / my salary.
![]() 09/13/2018 at 00:53 |
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Thanks Horgan
![]() 09/13/2018 at 00:58 |
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The fact that my boss lives in V ancouver is a great consolation to me, as I look at my mortgage statement in Auckland, the 9th most unaffordable city in the world.
If it makes you feel any better, Sydney-ites and Hong-Kong-wegians are even worse off than you are.
![]() 09/13/2018 at 01:18 |
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Are these statistics heavily skewed by the cash- buyer oversea folk?
![]() 09/13/2018 at 01:24 |
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T hey are obscenely representative of illicit money and straw buyers ballooning prices so high you can see them the other side of the world.
![]() 09/13/2018 at 01:25 |
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As a single person I feel this pain twice as hard. Strongly considering “need a second good income to get a foot in the housing market” for my Tinder bio
![]() 09/13/2018 at 02:14 |
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That better be take home pay, cause no way in hell i’d be making pre tax 140k and trying to buy a million dollar home.
![]() 09/13/2018 at 05:39 |
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welcome to most Australian capital cities.
![]() 09/13/2018 at 06:32 |
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Currently selling my house in Michigan in an area centered around the auto industry and moving to the central coast of California. The sticker shock is real. Michigan we have a 0.3 acre, 2000 sq. ft 3 bed, 1.5 bath with a 2 car garage that is going to sell for less than half of the 1300 sq ft condo we are renting in California.
![]() 09/13/2018 at 07:31 |
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Can always move to WI.
We bought our 3 bedroom house with a 1.5 car garage for $45k.
![]() 09/13/2018 at 07:39 |
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That chart seems like horse shit. There is no way you can afford an almost million dollar home on less than $200k unless you are completely solo . I don’t even think you could afford that on $300k with a family.
![]() 09/13/2018 at 08:23 |
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*adds “Vancouver” to places I’ll never afford to live in *
![]() 09/13/2018 at 08:27 |
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Thanks China, Boomers, India, Gordon Campbell, The rest of Canada and so many other things
![]() 09/13/2018 at 08:31 |
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Maple R idge and Pitt Meadows don't look too bad. Disclaimer: I live in Jasper, AB, where friggen mobile homes go for $450,000... For a fixer upper. And you don't even get to own the place, it's just a lease from the government!
![]() 09/13/2018 at 08:32 |
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How do they suppose someone making $140k/yr can afford a million dollar house? If you finance a million dollars
for 30 years that’s still nearly
$3,000/mo before taxes, insurance, interest, etc.
![]() 09/13/2018 at 08:36 |
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Yeah, but it would still be doable with the min down payment. You’d just live like a homeless person ironically due to your home.
I pay $1600 a month in mortgage and don’t even come anywhere close to $140K salary
![]() 09/13/2018 at 08:37 |
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I can’t believe how cheap Chicagoland is in comparison — I got lucky and needed a house in 2011 when things were still pretty cheap. We totally stole the basic 3-bedroom house we’re in at $157.
![]() 09/13/2018 at 08:46 |
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I guess there are different ideas of being able to afford something. Just because you can make the payments doesn’t mean (to me) you can afford it, but sure I guess you could live on ramen and walk to work every day while living in (and maintaining) your $1,000,000 house haha
![]() 09/13/2018 at 08:51 |
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live on ramen and walk to work every day while living in (and maintaining) your $1,000,000 house
#Vancity life
![]() 09/13/2018 at 09:08 |
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At least you don’t live in Christ Church where the city is destroyed by an earth quake every 1
0 years. (That is probably not accurate, as I am an ignorant American.
)
![]() 09/13/2018 at 09:32 |
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That’s a rhetorical question, right?
![]() 09/13/2018 at 09:33 |
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The lower mainland is one of the money laundering hotspots of the world.
![]() 09/13/2018 at 09:34 |
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Mortgage 6-8x income, yeah, I’ll get right on that.
20% down on those incomes, lololol. Only with help from mommy and daddy (the bootstrapper way).
![]() 09/13/2018 at 09:35 |
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I think some of the demographics are the same too - illicit funds from a couple places in particular fleeing before the axe falls, as residency is essentially for sale.
![]() 09/13/2018 at 10:14 |
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Insanity.
![]() 09/13/2018 at 10:15 |
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See also: Oklahoma
![]() 09/13/2018 at 10:40 |
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No, the cimmaron turnpike is legitimately the worst toll road I’ve ever experienced, and they can’t even take credit cards.
![]() 09/13/2018 at 10:57 |
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Yeah, it sucks. At least K-TAG works down here now. Apparently OK will soon transition to the way TX does it and there will be no more toll booths (manned or unmanned). They’ll just take your picture and send you a bill.
![]() 09/13/2018 at 12:15 |
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With a median listing price of $149,000, Tumbler Ridge is Canada’s 3946th most expensive when ordered by median listing price.
13hr commute.. not bad?