Wow... Houses in Germany sure are cheap...

Yi-Long · Post by **Yi-Long** » 14 Nov 2007, 01:02

http://www.immowelt.de/Immobilien/ImmoL ... sort=price

170 euro for a house! Nice

http://www.immowelt.de/Immobilien/ImmoD ... ID=9742449

bradavon · Post by **bradavon** » 14 Nov 2007, 14:48

That is cheap

. Mind you it looks ugly.

Yi-Long · Post by **Yi-Long** » 14 Nov 2007, 16:25

bradavon wrote:That is cheap . Mind you it looks ugly.

(MUST. REFRAIN. FROM. MAKING. EASY. 'YOUR MOMMA'. JOKE)

Anyway, yeah... it looks like most of them are abandoned and all that, but still man. You can have some pretty big buildings there for just 10.000 euro orso it seems. Seems like a good investment. Just buy it, so you own the ground, wait 10-20 years untill the town decides they need that space to build something big and usefull on that spot, and Ka-CHING!

Here in Holland there's a HUGE housing problem. Really small houses and appartments are already pretty damn expensive. And if you then compare what you can buy for that money if you'd be in America or Canada, it's just stunning.

bradavon · Post by **bradavon** » 14 Nov 2007, 17:21

Holland is a tiny country. We have a similar(ish) problem here, way more people than houses. They cost an absolute fortune too.

You have to also take into account the local economy and how much people get paid before really saying if a property is good value.