Comment on Boomers scolding us about how they were able to buy a house working at a gas station...
chewypoops@lemmy.world 1 month ago
$3M for 1,300sqft (120m²)…
Comment on Boomers scolding us about how they were able to buy a house working at a gas station...
chewypoops@lemmy.world 1 month ago
$3M for 1,300sqft (120m²)…
MBech@feddit.dk 1 month ago
That’s absolutely insane. You can get a proper mansion for that here in Scandinavia…
Tiral@lemmy.world 1 month ago
Well, to be fair this in an insanely overpriced area of the United States. If Scandinavia was the size of pretty much the entirety of Europe you’d have price extremes as well.
For example if you look up a similar house in the Midwest of the United States (Illinois, Missouri, Wisconsin, Iowa, ect) this house would be under $200,000.
dass93@lemmy.zip 1 month ago
We have overpriced places to, just look around the capitals. That doesn’t have to do with sizes.
VibeSurgeon@piefed.social 1 month ago
This area of San Jose is in commuting distance to Silicon Valley offices, where you can get very large pay packages upwards of $400,000/year (average for L5 at Google in the Bay Area).
Artificial housing scarcity (the zoning restrictions in San Jose are very strict) combined with the massive incomes in the area has led to the situation we see today.