Quote:
Originally Posted by mineistaken
You posted those houses in bad UK areas for 79K pounds. In bad US areas those would not be 79k pounds, not even 79k dollars. Those would be maybe 30k dollars or even less.
If you found houses like those in UK for 25.000 pounds then you would have an argument.
I am not saying that your argument is wrong, I am merely saying that your examples goes against your argument, not for your argument. 
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There are plenty of bad areas in the United States where $79,000 will not buy you shit. I can rattle off several cities right now where $79,000 literally will not buy you anything, even in the ghettos.
With that said, the whole argument is kind of silly. The United States is many multiples larger than England. We have a lot more space to allow for cheap homes of every variety.