May 09, 2008

Comparitive housing prices

Fun article at divine caroline:

Colossal Castle or Humble Home? Same Price – Your Choice
The subprime mortgage crisis has hit. America is homeless, broke, foreclosed, and in the midst of a financial crisis. Similar to when there were rumors of the draft resurfacing, many of us are saying, “I’m moving to Canada.” However, I urge you to look beyond our friendly northern neighbor to a more majestic and—dare I say—regal era. From the rolling green pastures of France, to the sparkling coastline of Mexico, why live in a cramped, rat-infested junior one-bedroom when you can reign high in your very own castle?

She then lists a number of examples. Here is one of them:

France v. Los Angeles – $500,000
Half a million dollars in France will get you five-bedrooms, or one quarter, of a nineteenth century chateau. This chateau is encircled with a rushing river, lush landscape, gardens, sauna, and swimming pool.

In the concrete jungle suburb of Los Angeles, Downey, your half a mil will buy this lovely four bedroom two-point-five bathroom home. It is encircled with growing weeds, a dead tree, and your own garden hose.

500K_house_France.jpg

500K_house_downey-LA.jpg

Unh Jen - start packing. We're moving to Downey…

Posted by DaveH at May 9, 2008 08:40 PM | TrackBack
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