What is wrong with north american housing?

[mikeyw64]

3 minutes ago, Bombastinator said:

Thats not my neck of the woods. Austin is way way out.  Try minneapolis metro area.  Austin might even be considered that these days.  Austin is surrounded by farmland.

Ok this is a better comparable then ;o)

https://www.zillow.com/homedetails/4200-Oakland-Ave-Minneapolis-MN-55407/1791958_zpid/

[mikeyw64]

Just now, dalekphalm said:

Both of those prices (even after converting to CAD) are vastly cheaper than even a 1bedroom Condo in Southern Ontario.

wheres the :eek: icon when you need it!!!

[Bombastinator]

11 minutes ago, mikeyw64 said:

as in at least the same state lol

The problem is there are rural and urban areas in every state.  State is more like a modifier. I watched some videos on state by state stuff someone was posting on “what video are you watching?” But it was clear that county matters a lot more than state, and neighborhood matters more than county.   The difference between edina and NE minneapolis are quite striking.  They’re both suburbs of minneapolis though.  Of course NE minneapolis is a much preferable place to live than, say, a favella.  The “shooting gallery” neighborhood of NE minneapolis used to be as close to a favella as minneapolis got.  May have changed.  There was ironically a major shift in what neighborhoods were what created by the subprime mortgage crisis.

[dalekphalm]

6 minutes ago, mikeyw64 said:

wheres the :eek: icon when you need it!!!

You don't even know the half of it.

 

So Vancouver (BC) and Toronto (Ontario) both have your typical "massive city overpricing" that's insane compared to anywhere else. But in the rest of Southern Ontario, the prices are getting pretty bad themselves.

 

A fixer-upper here would be in the neighbourhood of $300,000+ CAD. A decent newer house that won't need renovating or updating is easily pushing $500K to $600K, and some cities and areas are even seeing "regular" houses go for above that.

[Bombastinator]

4 minutes ago, dalekphalm said:

You don't even know the half of it.

 

So Vancouver (BC) and Toronto (Ontario) both have your typical "massive city overpricing" that's insane compared to anywhere else. But in the rest of Southern Ontario, the prices are getting pretty bad themselves.

 

A fixer-upper here would be in the neighbourhood of $300,000+ CAD. A decent newer house that won't need renovating or updating is easily pushing $500K to $600K, and some cities and areas are even seeing "regular" houses go for above that.

‘S what you get for living in a place that was once described as “New York as run by the Swiss”. I’d move there in a hot minute.  Of course so would a lot of other people.  Hence high land prices.

[Bombastinator]

8 minutes ago, dalekphalm said:

You don't even know the half of it.

 

So Vancouver (BC) and Toronto (Ontario) both have your typical "massive city overpricing" that's insane compared to anywhere else. But in the rest of Southern Ontario, the prices are getting pretty bad themselves.

 

A fixer-upper here would be in the neighbourhood of $300,000+ CAD. A decent newer house that won't need renovating or updating is easily pushing $500K to $600K, and some cities and areas are even seeing "regular" houses go for above that.

Those are “in metro and nice” prices for houses here.  

[mikeyw64]

Ouch

Ok I live in the North West of the UK where house prices are quite reasonable

Mine was recently valued at £230k/C$392k  but within a few miles you can get a basic 2 bedroomed teraraced property  for £85k/C$145  or a 7 bed detached for £795k/C$1.35 million

[dalekphalm]

8 minutes ago, Bombastinator said:

‘S what you get for living in a place that was once described as “New York as run by the Swiss”. I’d move there in a hot minute.  Of course so would a lot of other people.  Hence high land prices.

These prices are not for Toronto.

 

For Toronto, you'd be looking at $600K+ for a piece of shit falling apart. I believe average detached prices have reached over $1m.

[WkdPaul]

8 minutes ago, dalekphalm said:

*snip*

and some cities and areas are even seeing "regular" houses go for above that.

Yeah, this is the issue with metropolitan cities.

 

Montreal island and greater area is getting ridiculous. Bought my house for $450k 2 years ago, and from similar house that are sold in my area, it's now probably worth $200k more. My wife keeps an eye on real estate, she sent me a listing for a house that basically needed to be completely redone (kitchen had holes in the floor, bathroom had mold everywhere, roof needed to be done, basement needed to be redone, electrical issues, etc...), it was listed for $399K and sold for $439k ! (I'm guessing a contractor bought it to flip it because that area has houses going for $800k+).

 

 

It's not exactly my area, but it's totally consistant with what I'm seeing around my neighborhood ;

https://www.realtor.ca/map#ZoomLevel=15&Center=45.515052%2C-73.681020&LatitudeMax=45.52380&LongitudeMax=-73.65527&LatitudeMin=45.50630&LongitudeMin=-73.70677&Sort=1-A&PropertyTypeGroupID=1&PropertySearchTypeId=1&TransactionTypeId=2&BuildingTypeId=1&Currency=CAD

[FakeATF]

3 hours ago, wkdpaul said:

Canada would be lung cancer because of the asbestos if it's an old house !

I grew up in a house built in the 70's that had quite a bit of asbestos in it, and i'm fine.

 

The real problem was that the house foundation ended up literally cracking in half and sinking ~1 inch, so there was a crack running through the entire house.

 

That wasn't necessarily a fault of the house though, when it was built nobody really cared about what kind of material the house was built on. The clay under the house expanded every time that it rained. Because it was in the desert it would dry out fairly quickly and contract. Over time this ended up totally wrecking the foundation and the house.

 

As for the OP's original post, I mean, most modern buildings are made of wood and gypsum (drywall). It basically just depends on the weather in your area and what disasters can happen. Out here the only real concern is flash flooding, though there hasn't been a bad one in 20+ years. 

[mikeyw64]

2 minutes ago, FakeATF said:

I

 

As for the OP's original post, I mean, most modern buildings are made of wood and gypsum (drywall). It basically just depends on the weather in your area and what disasters can happen. Out here the only real concern is flash flooding, though there hasn't been a bad one in 20+ years. 

My GFs daughter has a new build and they've had no end of problems that are having to be sorted under guarantee not least of which is that the entire development (plus some others by the same company) used the "wrong sort of mortar mix" 

[SansVarnic]

On 5/12/2021 at 9:37 PM, Plermpel said:

Are their any solid buildings in USA/canada?

Condescending remarks or trollism about other countries are not something we want in this forum.

If you wish to pose a proper discussion on Tech, please do so.

 

-= Topic Locked =-