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Xeno
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Posts: 1,135
referring back to a previous sub- thread that went OT
On 2/06/2015 10:17 AM,
wrote:
> On Sun, 31 May 2015 22:18:47 -0400, Nancy Young <replyto@inemail>
> wrote:
>
>> On 5/31/2015 6:27 PM,
wrote:
>>
>>> use of space. Property is so cheap in the U.S compared to Aus though,
>>> you wouldn't find a property like that here for that price.
>>
>> Real estate prices vary wildly depending on the location,
>> you can't look at one listing and compare it to Australia's
>> prices. That amount of land would go for millions in some
>> places in the US.
>
> I realise that, and it also applies to Australia, much like anywhere
> else of course. I live in an area that has amongst the cheapest real
> estate in Australia, and yet that rural property in the posted link
> would be regarded as being something of a bargain here.
There's a reason why it's cheap! No one wants to live there. I can't say
as I blame them.
>
> Places like Sydney have amongst the highest prices in the world. My
> Grandmother's very ordinary bungalow in Sydney's western suburbs is
> now worth close to AUD$900000, which blows my mind considering what it
> was worth 20 or 30 years ago.
>
>> I'm sure it's the same in Australia, some areas are more
>> expensive than others.
>
> For sure.
>
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