Quote:
Originally Posted by janosik
I was never before interested in real estate prices in US until I saw this article: http://finance.yahoo.com/news/what-y...151428065.html
I know that prices were falling for the last few years, but right now it seems for me that houses in some areas of USA are cheaper than prices in European post-communist countries. Do you think that it is the right time to invest? |
All of the places in that article are in bad locations. Eastern European country, what's the dirt cheapest price you can buy a place at? A total dump in a really bad location? You are reading about the US version.
In Austin I can find a pretty nice two bedroom condo for $250k. In San Diego, that barely gets you started. It's all location.
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