MikeRox said: Our houses aren't actually as small as they look. My fiancee lives in the US right now and her house is tiny compared with ours and I live in a modest 3 bedroom semi detached house in the North. Value probably about £120,000? Her house is worth more, made of toy materials and nowhere near as nicely decorated/equipped. (we have double glazing, central heating etc). I think UK wins on the house front from my limited experience of US homes. But I benefit from an older build house with much better sound proofing etc than newer builds tend to have. |
£120k for a 3 bed semi?? Unless you are living in rural yorkshire, change the 1 to a 2, and you are probably closer to the value.
The UK miserably fails on the housing front because of it's shitty, shitty size. What is considered ghetto housing in the states is merely called a "modest terrace" over here. Sure I picked some premium areas, but if you go to somewhere like Arizona, for £200k enjoy a double garage, detached property with 3 bathrooms, one being bigger than most master bedrooms in the UK...
http://www.realtor.com/realestateandhomes-detail/1735-Wood-Vista-Pl_Round-Rock_TX_78665_M88875-35889?ex=TX562465263
The only major issue I have with that place is all the windows could do with being x2 the size, maybe even x3, as the interior is far too dark. But at that price...the fuuu..£175k
dsgrue3 said: I will say that prices in the US fell drastically when the bubble burst in the real estate market. Is the UK heading for a similar collapse? |
Nope. Housing prices have been constantly increasing since the 70's due to a lack of space and too many people. We need a good old plague here.