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  3. Apartments price in your area

Apartments price in your area

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  • G Offline
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    George Ionescu
    wrote on last edited by
    #1

    I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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    • G George Ionescu

      I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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      Mirko
      wrote on last edited by
      #2

      Hi in sydney australia average unit price is about 450,000 for a 3 bedrooms apartment and average wage for a developer i wouls say is around 60-80 after a few years experience

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      • G George Ionescu

        I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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        Priyank Bolia
        wrote on last edited by
        #3

        Thanks GOD! It just take 10-15 years of full Salary (NO EXPENSES) after few years experience to buy a Apartment in New Delhi, INDIA. I am thinking to save for next incarnation. http://www.priyank.in/

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        • G George Ionescu

          I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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          jhaga
          wrote on last edited by
          #4

          In Helsinki you have to pay 150.000 EUR for an apartment like that and you need to work 5-10 years with an average salary of 1500-3000 EUR a month. jhaga --------------------------------- Every generation laughs at the old fashions, but follows religiously the new. Henry David Thoreau, "Walden", 1854

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          • G George Ionescu

            I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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            Colin Angus Mackay
            wrote on last edited by
            #5

            I've recently seen adverts around £600 pcm (€840) for a 3 bed apartment. To buy outright would cost £150,000+ (€210,000). If you want a really nice area then the prices are much higher.


            My: Blog | Photos "Man who stand on hill with mouth open will wait long time for roast duck to drop in." -- Confucious

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            • C Colin Angus Mackay

              I've recently seen adverts around £600 pcm (€840) for a 3 bed apartment. To buy outright would cost £150,000+ (€210,000). If you want a really nice area then the prices are much higher.


              My: Blog | Photos "Man who stand on hill with mouth open will wait long time for roast duck to drop in." -- Confucious

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              Roger Allen
              wrote on last edited by
              #6

              Your lucky in your area Colin. Down here in the osuth east, that would be £1000+ to rent and probably a min of £200,000 to buy. I have seen 1 bed flats around here on sale for £150,000 :eek: If you vote me down, my score will only get lower

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              • R Roger Allen

                Your lucky in your area Colin. Down here in the osuth east, that would be £1000+ to rent and probably a min of £200,000 to buy. I have seen 1 bed flats around here on sale for £150,000 :eek: If you vote me down, my score will only get lower

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                Mike Dimmick
                wrote on last edited by
                #7

                I'm paying nearly £600/month for a one-bed flat. It's not quite as small as it sounds - it's the top floor of a terrace house which would therefore have been the three bedrooms. My neighbours downstairs have a little more space (the kitchen is an additional extension) and access to the garden, so they're paying £650 (the landlady originally wanted £700). A house on the other side of the road, also a three-bedroom terrace, went for £245,000 a couple of months ago. I can believe your figure of £150,000 for a flat. Stability. What an interesting concept. -- Chris Maunder

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                • G George Ionescu

                  I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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                  devvvy
                  wrote on last edited by
                  #8

                  George Ionescu wrote: This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I suppose it's even worse in places like London or Toyoko. Rich nation yes, but wages not quite inline with cost-of-living, despite our earning is much higher than what others in developing nations. Does "work" has anything to do with your ability to pay the bill anymore these days?

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                  • R Roger Allen

                    Your lucky in your area Colin. Down here in the osuth east, that would be £1000+ to rent and probably a min of £200,000 to buy. I have seen 1 bed flats around here on sale for £150,000 :eek: If you vote me down, my score will only get lower

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                    C Offline
                    Colin Angus Mackay
                    wrote on last edited by
                    #9

                    Roger Allen wrote: Your lucky in your area Colin That's only because I live in Dunfermline. Edinburgh's housing market is very hot at the moment and there is no way I could afford a place there in the style that I'd like to live - I value the space I have and even although I hate the one hour commute in the morning and in the evening I'd rather put up with that than live somewhere that was small. At the end of the day it is a compromise. If the house I was living in was located in Edinburgh I'd expect to pay in the region of £300,000+ for it depending on the area. As it is, three years ago I paid £95,000 and it is now worth £150,000. In the centre of Dunfermline there are two bed room flats going for £156,000 (no garden, no garage, and one less bedroom) My cousin, living in London, pays £2000 per month for rent. That is just nuts.


                    My: Blog | Photos "Man who stand on hill with mouth open will wait long time for roast duck to drop in." -- Confucious

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                    • G George Ionescu

                      I'm forced to buying a new apartment and I was stunned by the ridiculous pricing the owners ask. In a country (Romania) where the average salary is about 730RON after taxes (about 207EUR or 250USD), a 3-rooms apartment in a decent area is around 50.000 - 55.000 EUR and can go up to 150.000 for residential areas. This means that, given the average salary, a man must work 241 months (20 years) to pay for the apartment (considering his whole salary is spent paying it). I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? George.

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                      El Corazon
                      wrote on last edited by
                      #10

                      George Ionescu wrote: I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? I have one of hte lowest priced, non-low-income housing, apartments in the city. If you qualify for low-income housing, they have apartments up the street that are priced lower. My apartment is $365.00, There is another set up the street between me and the low income housing that is $385 per month. Most apartments in town are $475 to $750 a month. The prices in town skyrocketed (I hear) when the German Air Force moved here. They brought lots of money which drove up the prices to match. We have no condos to buy, and apartments are rent not purchase. So if you want to buy, you have to think house. _________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb) -- modified at 7:44 Wednesday 28th September, 2005

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                      • R Roger Allen

                        Your lucky in your area Colin. Down here in the osuth east, that would be £1000+ to rent and probably a min of £200,000 to buy. I have seen 1 bed flats around here on sale for £150,000 :eek: If you vote me down, my score will only get lower

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                        Anna Jayne Metcalfe
                        wrote on last edited by
                        #11

                        I've seen 2 bedroom flats on the South Coast going for up to £350,000. Scary, isn't it? :omg: Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.

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                        • E El Corazon

                          George Ionescu wrote: I'm curious, what's the price of apartments in your area (say 3 rooms with an average of 75 sqm) and how many months do you have to work to pay for it? I have one of hte lowest priced, non-low-income housing, apartments in the city. If you qualify for low-income housing, they have apartments up the street that are priced lower. My apartment is $365.00, There is another set up the street between me and the low income housing that is $385 per month. Most apartments in town are $475 to $750 a month. The prices in town skyrocketed (I hear) when the German Air Force moved here. They brought lots of money which drove up the prices to match. We have no condos to buy, and apartments are rent not purchase. So if you want to buy, you have to think house. _________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb) -- modified at 7:44 Wednesday 28th September, 2005

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                          Anna Jayne Metcalfe
                          wrote on last edited by
                          #12

                          That's incredible...I've not seen prices like that in the UK since the late-1980s!!! The cost of living is pretty high here. Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.

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                          • A Anna Jayne Metcalfe

                            That's incredible...I've not seen prices like that in the UK since the late-1980s!!! The cost of living is pretty high here. Anna :rose: Riverblade Ltd - Software Consultancy Services Anna's Place | Tears and Laughter "Be yourself - not what others think you should be" - Marcia Graesch "Anna's just a sexy-looking lesbian tart" - A friend, trying to wind me up. It didn't work.

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                            El Corazon
                            wrote on last edited by
                            #13

                            Anna-Jayne Metcalfe wrote: The cost of living is pretty high here. The cost of living for all other things is actually pretty low here. Housing is one of several exceptions, it's actually more expensive to live here than in Albuquerque,NM or Las Cruces,NM both larger cities. The only place higher "might" be higher in cost is Santa Fe. Like I said, the German Air Force brought an entire wing here, including all maintenance and support staff, equipment tracking even their own flight safety and monitoring systems/people and all the families. They came with lots of money for relocation, per diem reimbursements, overseas pay, etc. which brought up all of the housing in the area to match the inflow of money. I don't know how that works in economics, but it did. The biggest advantage they brought was they brought beer too. I've heard the quality in micro-brews went up significantly -- unfortunately I don't drink. I am currently saving to get a downpayment for a house, possibly build to spec, that means a cool 150,000 or more. A fixer upper can be had for 75,000. Prices are lower if I want to drive an extra 30 minutes a day by moving out to neighboring communities, that is still being debated. The farther you get from Holloman AFB the cheaper the housing is. _________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb)

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