House price expensive you think?
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devvvy wrote:
House price expensive you think?
Your location says Hong Kong - and I don't have a clue about Hong Kong. Houses in India can be very expensive.
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Are they so expensive due to the oil money? Is there still oil money in Aberdeen? That appears almost on a par with some of the London suburbs. Lovely homes and a pretty city, neverthless.
me, me, me "The dinosaurs became extinct because they didn't have a space program. And if we become extinct because we don't have a space program, it'll serve us right!" Larry Niven
I think the oil still has a major part to play in the economics of the city. Yes there is still oil money......and lots of it. You just have to look at the number of Aston Martins, Bentleys and other prestige marks that are driving round the city, they are so common, that you begin not to notice them. Have a look on Google Street view, and look around the west end of the city. Particularly Queens Road, Rubislaw Den South etc. The properties and cars speak volumes! Here is a streetview link for Rubislaw Den South, the most sought after address in the city. Take a tour up and down this road, the houses are pretty impressive, and all valued over a million each. Rubislaw Den South[^]
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Abhinav S wrote:
Houses in India can be very expensive.
Right now, the property rates are not too high. I feel this is the time to buy something. It wont be too long that they shoot up again.
d@nish wrote:
now, the property rates are not too high.
I still feel prices are high. Prices still increased, maybe not at the initial rate. They did not come down at all.
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It all depends on where you want to live. Check out these beauties from Cut Bank, Montana. Housing List.[^]
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I think the oil still has a major part to play in the economics of the city. Yes there is still oil money......and lots of it. You just have to look at the number of Aston Martins, Bentleys and other prestige marks that are driving round the city, they are so common, that you begin not to notice them. Have a look on Google Street view, and look around the west end of the city. Particularly Queens Road, Rubislaw Den South etc. The properties and cars speak volumes! Here is a streetview link for Rubislaw Den South, the most sought after address in the city. Take a tour up and down this road, the houses are pretty impressive, and all valued over a million each. Rubislaw Den South[^]
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Waving? dave.m.auld[at]googlewave.comVery nice homes indeed. Have not been to Aberdeen since, well, never mind, it was a loooong time ago!
me, me, me "The dinosaurs became extinct because they didn't have a space program. And if we become extinct because we don't have a space program, it'll serve us right!" Larry Niven
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harold aptroot wrote:
Not really, compared to 3 years ago
Depends on the area. Around Boston the prices are pretty much the same as 3 years ago.
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It is all relative to location and local industry. For example Aberdeen was not really hit at all by the credit crunch, only really noticed a slow down in the market for 1st time buyers buying flats. Larger properties are still highly in demand. The oil industry has meant alot of people with cash to burn. Here are a few examples currently for sale in Aberdeen i like; House 1[^] House 2[^] <-- This is my favourite at the moment. House 3[^] House 4[^] Now, anybody want to give me a interest free long term loan?
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One of mine was hugely expensive, and the other cost a comparative null value. The lesser point being that one is in a small, exclusive town in the Netherlands, and the other is in a small, beautiful-but-not-exclusive town in China. The greater point being that your question is entirely pointless without a geographical reference.
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devvvy wrote:
House price expensive you think?
Your location says Hong Kong - and I don't have a clue about Hong Kong. Houses in India can be very expensive.
Condos (avg price condo I mean, not highend) in Hong Kong (but city is ... butt ugly...) can be just as expensive as in New York or Toronto (actually still relatively affordable but getting there) if not more. Seems like cities, around the world, are becoming un-inhabitable. Why'd you want to spend significant portion of your life/otherwise dispensible income paying real estate agents/developers? Life's more than just working for an apartment right?
dev
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Condos (avg price condo I mean, not highend) in Hong Kong (but city is ... butt ugly...) can be just as expensive as in New York or Toronto (actually still relatively affordable but getting there) if not more. Seems like cities, around the world, are becoming un-inhabitable. Why'd you want to spend significant portion of your life/otherwise dispensible income paying real estate agents/developers? Life's more than just working for an apartment right?
dev
devvvy wrote:
Life's more than just working for an apartment right
But one's needs a place to stay...so things are basically getting harder and harder. :|
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Honestly. It's the honest ones you want to watch out for... -
Not at all. I paid mine off about 16 years ago.
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