You're asking mostly people in the western world, a place besieged by a commodified property's market. The landed gentry is returning, only this time by way of capitalism.
That sucks! I feel for you and your fellow Argentinians.
Does a typical football match cost a lot? I have always wondered that about the game in some of the countries where it is the most popular sporting event. How many professional leagues are there? Do you have a favorite?
Ontario here. The numbers they report are the “average” but I call bullshit. Reality Average one bedroom apartment $2500, 2 bedroom basement $1800. Utilities extra. Buy a townhouse $700-$1m. Detached $1m+. We are so fucked.
To be able to afford a 1 bedroom apartment one person must make around $80k a year. If you want to purchase a house, we’ll good luck unless your household income is over $200k and even then you’ll be scraping the bottom of the price barrel.
I'm in a college town, so... it varies wildly. You could probably rent a crack shack 10 miles from campus for basically nothing.
The floor for rent at a "decent" place is probably at least a grand. Actually buying a house? Who the fuck knows, but it'll definitely be obscene.
My university-owned apartment is $600 with a roommate, which is honestly a pretty good deal considering that utilities (including gigabit Ethernet!) are included.
Inner eastern Melbourne, Australia. Properties are bought by Chinese investors (not racist, stating a fact) for AU$1-2 million, demolished, replaced with McMansions, sold for over AU$4 million. Within ten years these garbage concrete boxes are cracking and falling apart.
Some suburbs look like McMansion ghettoes and are completely out of reach of ordinary people.
The house I rent for £1100 a month would cost somewhere in the region of £250k to buy, putting it firmly out of my ability, despite the mortgage payments almost certainly being lower than my rent.
Too damn high. Wife and I are trying to get a house since we have a baby on the way, but the only stuff we can even hope to afford is 300k (below that is low income restricted 99% of the time) but with that we would only get a super dated, small, condo or a smaller more dated house. With how old the houses are, chances are good that the electrical and other systems would need a lot of work too.
Depends on where in the country. I used to live in the Bay Area where buying a house - even a starter house - was completely unattainable, even for those that make way above the median salary. I'm a software engineer that made a shitload of money off of the sale of a startup that I worked for, and I would have needed to make more than double my salary and buyout money to afford a starter house there. So I moved to a cheaper area.
About 15k€ per square meter. I live in Paris, France. I eventually could afford a 20 square meter studio appartement, and I'm in the top 10% of earners.
The rest of France varies wildly, you could get a small house in the middle of nowhere for 150k,but parisian real estate is way out there...
Washington State USA is expensive. I have lived in Seattle and Spokane. Both were affordable until the last 10 years and now most prices have doubled or more. The house I purchased in 2019 was $500k and the current value from some of the real estate sites puts it at almost $800K in less then 5 years.
Total bullshit but thankfully I love the house and I made out like a bandit when I purchased very low and sold very high on my first house, to be able to afford this house. It will be my forever home so I can't complain too much. Expect that when the city thinks the house is worth $800k, my taxes will reflect that even if its not worth that much.
Switzerland,
We pay 2’410 CHF in Rent for a 4.5 Room appartement near Zurich (Winterthur). My Wife and my wage combined gets us to about 10k a month in income.
I guess you mean how affordable? Wage vs costs? In my experience for most of western Europe: you can buy something if you're well paid, have 2 years of salary in your bank account to bridge the mortgage gap, and a ton of luck.