Thursday, March 16, 2006

How much house can $300 000 buy where you live

JLP of All Things Financial recently posted that he was looking at buying a house in Houston for roughly $300 000 and was interested about the difference in house price for a similar house in a different area. It is a topic that interests me greatly as I am looking to get into property investment.

Jim from Blueprint then commented about how it would be interesting to see what sort of house you could buy for $300 000 in other peoples areas (great idea):

"While I doubt he intended for something like this to go viral, I think it’s a fun comparative game along the lines of Cap’s What’s In Your Wallet..."

So, here is mine. I live in the UK in the north, but thats not very interesting so I am going to post about London. This is one property that I found for £170 000 which is roughly what $300 000 converts to.
Don't get excited, it's not the whole's a one bedroom flat but apparently quite "spacious"...

Now compare it to the houses that Jim and JLP found...ouch.


At 11:40 am, Blogger Jose Anes said...

I feel better now.
I thought that what I could get in Marlborough, MA was preety small.

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