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I don't understand how people can live where real estate is so expensive.

Neither do I. But this is where I am, and for several good reasons.

Yeah I've always wondered the same thing. Real estate is very cheap around here. The house I just moved out of was a 1000 sq ft house on a half acre that had a full basement (bringing the grand total to 2000 sq ft) and an attatched garage... I bought it for $50,000 dollars in 1997. With the plunge in market prices it only appraised at $70,000 last spring when I had it on the market. So I decided to rent it out for $650 a month instead.

So I've always wondered how people live in places like Hawaii or California where a house like that would proly cost $300,000 - $400,000 thousand dollars? Because while it was nice and comfy living in it as a single man, when my ex-wife and kids were living there with me it got a bit cramped & we were in the process of looking for a bigger home before we got divorced (found the ex-girlfriend nudie pic before we even started moving). So where do all the non-lawyers, doctors and movie stars shack up anyway, tee-pee's? I know they have McDonalds & Wendy's there, which means there are people living in Hawaii that only make minimum wage, where do people like that live? It seems like it would be impossible to live in an area like that without earning half a million bucks a year, but not everyone can be an attorney, so how on earth do the middle class live comfortably in places like that?











... just kidding about the nudie pic btw

Try 500-600 for a house like that, depending on the area. I don't know where the people making minimum wage live--probably around areas like I live now, paying rent, trying to hold onto rent controlled housing. Or out in the boonies, where it's a bit cheaper. If you don't mind a 1-2 hour commute.

Photographers are never kidding about nude photos of old girlfriends!

No, but a good photographer also never leaves his prize possessions laying around for the wife to find either.

House $85,000 - $8,000 (tax rebate) = $77,000 = $565/month =



They move to Arizona.

Hawaii and California real estate prices? Obviously, considering the US economy, no doubt, a considerable number of offshore buyers. I recently saw a documentary about rich Chinese coming over to the US and in places you are talking about snapping up these houses.

Where I live, the house prices never really went down. Average home in and around the Toronto area still approaching $400,000 and up and that is WITHOUT the ability to claim mortgage interest on your income tax filing! There are people around the world with money just not as many in the US anymore.

Prices around here are crazy. 6000 sq.ft lot with a 30 year old 1800 sq.ft house will run you $600,000 and up.

That sounds pretty reasonable to me as that is about what things cost around here, well the house is a little bigger or smaller depending on where in the city you are looking.