why are houses so cheap in the usa?
199528
America is very large and has the room and materials to make lots of homes. Large supply combined with relatively low tax rates compared to other countries, as well as the avg American household income being 59k makes them somewhat affordable on the scale you are using.
860712
If are asking why it's cheaper than NY, LA or SF, I'd say that it's because there's a lot more land. ... It's true there are some neighborhoods where you could buy a house for less than $20K, but as someone said before Chicago's real estate market is very fragmented and prices are very different between different areas.
383050
There are numerous factors that go in to why NYC rent is so expensive: There is limited space in NYC and too many people want to live here. This makes prices for land and property to be extremely competitive. ... Construction costs an arm and a leg, making rent rise with the cost to raise the building itself.
1348756
Canada is cheaper than the US in some aspects, but not others. You'll be paying less for health insurance and rent, but what you'll pay in utilities, gas, and consumer goods will increase. You'll have to decide what you're willing to pay more for and what you aren't.
230515
Resale value depends on many factors that vary from state to state and to city vs suburb. In some parts of the country, ranch style homes are built on larger than average tracts of land and therefore have to pay higher taxes. This may make them less attractive to buyers.
1456365
Ossining is cheap because it's a horrible town. Most of it is run down and the whole town just has a bad feel to it. There are lots of illegal immigrants and yes there is crime.
411405
It may just be because of the higher rates of the currency exchange. I know of a buddy who moved back to Scotland a few years ago. He said that the price of powder and projectiles over there were almost 25% above what we pay here at the most expensive place in the US.
69408
home in your area. According to the latest estimates, the median price for each square foot for a home in the United States is $123. But that can vary widely based on where you live and other factors.
1005158
Because USA is one of the biggest consumer of Aluminium in the world. Low demand is causing the price fall.
1129636
New Jersey is going to be more expensive than average because most of the state is suburbs of New York City or Philadelphia but much of the state is quite affordable. I suggest comparing rent and housing prices in New Jersey to those in suburbs of other equally large metropolitan areas.
274787
According to the latest estimates, the median price for each square foot for a home in the United States is $123. But that can vary widely based on where you live and other factors. For instance, on the low end, you'll pay $24 a square foot in Detroit.
415027
The fact is that Houston homes are no longer “cheap”. Here's the deal. There is a lot of flat land surrounding Houston so as the city has grown, it has simply expanded outwards. This kept land prices, and consequently housing prices, low.
449433
This is called economies of scale. Many of the models that come to the US are modified versions of GSM phones that were sold in the rest of the world so it is cheaper for them to make them and they pass the savings to the carriers which in turn make them cheaper for the end users.
1348121
Studying in the U.S. has many perks such as getting an education from some of the top schools in the world. Living in the U.S. can, however, be a tough ball game. Rent is often expensive, so some people choose to rather buy an affordable house. ... No law prohibits an international student from buying a house.
860337
One of the Most Affordable Housing Markets in the Country According to Investopedia, the national median list price is $199,000 while Atlanta's median is $184,900. ... All in all, Atlanta seems to have an abundant inventory of homes and lots just waiting for buyers. When supply outweighs demand, prices always remain low.
544708
Whatever the reasons, the facts are that housing prices in Arizona are among the most affordable in the country for a warm-climate state, and that they will stay that way for some time. For anyone looking for Arizona houses for sale, the time is right to take advantage of the situation and purchase an Arizona home.
1442054
With cheap groceries, low taxes, and an abundance of affordable restaurants and bars, one of the most obvious advantages of living in Peru is the cost of living. When it comes to renting, expats are often pleased to discover that accommodation is typically 80% cheaper than it is in places like the UK and USA.