Getting frustrated with this country....
Myself and oh are stuck in a never ending cycle of renting. Rent costs on average 1400 a month but can be as high as 1600 euro for a three bed house where we are living (nothing spectacular). To buy a house in the area is a minimum of 350000 but really anything decent (again not spectacular) will cost about 400000. You need to have a deposit of 20% of house value in order to get mortgage which is just not possible to save when our rent is so high.
In addition, dh got a bonus of 13000 in work, of which he had to pay 8000 in tax. Just automatically deducted from his pay packet: rest went off credit cards but at least they are cleared. Just feel like we can never get ahead living in this country, it's just so frustrating.
- Starryeyed's blog
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so, where are the kids gonna
so, where are the kids gonna live once you flip? Is one of them going to buy it? Or will they have to find a new place to live??
It is frustrating to say the
It is frustrating to say the least.
Here rent really depends on where you live. When we lived in a large urban city, rents were about $1200 to live in the ghetto and about 1600 to live in a descent area. In a small town in rural areas that will get you a decent sized nice home.
It sucks though when rent is so high.
Rent here is $1500 - $2000
Rent here is $1500 - $2000 for a 3 bedroom house on average.
Houses range from $300K to $3-5 million depending on the community. We are a big sprawling city.
The $300K neighbourhoods are becoming more and more ethnic and rentals.
In our neighbourhood houses built in the 1950's are selling for $600K. New in fills, where they tear down one of those 50's bungalows and build 2 new houses go for $900K - $1.1 million.
Across the street from us is a new community, it's reclaimed military land in the inner city, houses start at $1 million and go up to $2.5. They are 2500 square feet to 4000 square feet on 50 - 75 foot lots!
We are dependant on oil and so things have taken a down turn. There are more rentals on the market and prices have been dropping. Same with house sales, the luxury market, over $1 million, has dropped by about 10%
Watching those Reno shows in the states sometimes annoy the he!! out of me. 3000 square foot houses for $150K!?! You can't get a 10 year old 600 square foot condo for under $250K here.
dearlordalmighty this sounds
dearlordalmighty this sounds like back home. unless you were upper upper class, you rented. and rent for a family would be 1500+ - TWENTY YRS AGO.
ya'll seriously make me appreciate what i have now. i'm so glad i stayed here!
A three bedroom, one bath,
A three bedroom, one bath, 1000 s.f house where I live in central Massachusetts (45 minutes from Boston) starts at $250k. That's with small yard and maybe 1 car garage. Likely built before 1950 and updated round about 1980. Anything with recently updated bath, kitchen, etc is going for over $300k. The struggle is real
Oooo hi neighbor! Apartments
Oooo hi neighbor! Apartments in the east bay are now 2500$ a month. Our lease came up on our house and I was looking at an emergency back up plan as this house we're renting can sell for 750k+.
We're thinking the owners will sell as they aren't resigning a lease with us.
It's such a pain to find places to rent with pets!!
I saw the 3 bedroom houses in mountain view renting for 4000$ a month..... Heeeeeeckkk nooo!!
We're in escrow right now, getting the hell out of the bay area!!