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A comment on $100k/year still might not be enough to buy a home. Parent comment

Re:$100k/year still might not be enough to buy a home by CapricornNoble on Tuesday October 15, 2019 @06:58PM (#21264930)
Jeeeez, rental prices in the States are INSANE.

I live in a dense urban area of ~1 million, on a tropical island. My 550 sqft apartment is ~$520. Hardwood floors, natural gas range and hot water, structure is proof against typhoons up to Category 5 (already experienced several), as well as earthquakes. Gigabit fiber optic internet @$35/month Speedtests around 550MB. Daily flights to practically every major city in Asia.

HOUSES, however, are insanely priced. The mortgage rates are low (1-3%, slightly less than 1% if you are a government employee) but the principal is stratospheric for the size of home and land you are buying.

[ Parent | on HN ]
Re:$100k/year still might not be enough to buy a home by NotSammyHagar on Wednesday October 16, 2019 @01:08PM (#21272728)
That's pretty impressive. I didn't think there were many cities with such good infrastructure and cheap housing prices.
[ Parent | on HN ]