Haha this is where people go, “Oh you must live in like a expensive city” and like damn bro, every city is god damn expensive now!
Even in cheap cities, burger is $12+, rent is +$1000 per person, and good luck saving for that cheap housing that will be bought by companies to hopefully make a profit out of you when you borrow a 50-year loan.
The prices elsewhere is irrelevant. If there is 1 thing that is not movable it’s precisely a house. One doesn’t buy a building but rather a location. The price of real estate is about the infrastructure available.
Anyway, even if it wasn’t about location, location, location (the 1 rule in real estate) here the point is about citizenship, not actual houses. FWIW St Lucia is a beautiful place but… step out of a luxury hotel and see what happens. GDP per capita is low ($15K) and Gini coefficient is high.
In my area, houses are like 1 mil USD so in comparison, it is cheap
Haha this is where people go, “Oh you must live in like a expensive city” and like damn bro, every city is god damn expensive now!
Even in cheap cities, burger is $12+, rent is +$1000 per person, and good luck saving for that cheap housing that will be bought by companies to hopefully make a profit out of you when you borrow a 50-year loan.
You do realize that’s a logical fallacy, right?
“cheap” only makes sense in relative terms.
The prices elsewhere is irrelevant. If there is 1 thing that is not movable it’s precisely a house. One doesn’t buy a building but rather a location. The price of real estate is about the infrastructure available.
Anyway, even if it wasn’t about location, location, location (the 1 rule in real estate) here the point is about citizenship, not actual houses. FWIW St Lucia is a beautiful place but… step out of a luxury hotel and see what happens. GDP per capita is low ($15K) and Gini coefficient is high.