Why are the house prices in California so ridicolous?

This is a house in San Mateo, CA, near San - Fransisco.
It's 2 bedroom and 1 bath and costs $999,000 :

realtor.com/realestateandhomes-detail/973-Daisy-St_San-Mateo_CA_94401_M24872-69250?view=qv
Now for the same money you get a crazy mansion with 3 bedrooms and 3 bathrooms and huge area and swimming pool in Homestead,Florida near Miami.

realtor.com/realestateandhomes-detail/21500-SW-232nd-St_Homestead_FL_33031_M66449-41969?view=qv

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Other urls found in this thread:

marketwatch.com/story/people-are-leaving-california-in-drovesand-this-is-where-they-are-going-2018-05-31
realtor.com/realestateandhomes-detail/3805-Cameron-Dr-NE_Lacey_WA_98516_M12174-94502#photo0
realtor.com/realestateandhomes-detail/17121-23rd-Pl-SW-6_Burien_WA_98166_M19785-45814#photo1
youtu.be/UTSha0O8yYU?t=290
twitter.com/NSFWRedditGif

Californians deserve it.

Inflation?
- Money aint worth shit anymore.

Or because speculants rule the market?
- Real demand and supply got defeated

It's because of this, the first house is in a very attractive area. The second house is far from any cities, and is in fact in the outskirts of the entire populated area with only swamps and woods on one side and some corn fields on the other.

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The second house in Homstead, that city is near Miami, so you can be in Miami in 30 minutes.

And I ask you if you had 1$ million dollar in which of the two houses would you prefer to live?.

High demand due to California being paradise on earth drives up prices. Florida is the asshole of the United States so naturally nobody wants to live there despite the state being income tax free.

In which house would you rathar live though?.

House prices are ridiculous everywhere.

Salaries are inflated as hell in the bay area.

maybe it's just jobs?

only in Anglo countries desu

In continental Europe they're rather affordable, for instance. Not to mention Latin America or Asia

A 436m2 apartment in central Shanghai sold out for 1250$.

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Everyone on earth wants to live there

>California being paradise on earth

Why are hordes fleeing out of Cali then?

marketwatch.com/story/people-are-leaving-california-in-drovesand-this-is-where-they-are-going-2018-05-31

chink capital fleeing china

>leaf praising california
cringe

Yeah but it's still in the outskirts. It's not comparable at all.

Besides, the second home is not even that cheap. You get much bigger houses for half the money here, in the outskirts of a city.

They can't afford it.
The Florida house of course. Likewise you can buy a mansion in Baghdad for even less but I'd rather live in California.

>Everyone on earth wants to live there
this just sounds so surreal and futuristic when you say it out loud

it's full of hispanics, homeless and disgusting garbage including heroin needles

>And I ask you if you had 1$ million dollar in which of the two houses would you prefer to live?
Oh, and I would rather live in along the north western coast.
For example this (maybe, just a quick search that I did)

realtor.com/realestateandhomes-detail/3805-Cameron-Dr-NE_Lacey_WA_98516_M12174-94502#photo0

Why?
Because it looks like Norway?.

>he thinks america has expensive real estate
LMAO

Yes kinda, but not so much because it looks like norway, but because I can't stand the climate in Florida or California. It's far too hot for me. And I'm a nature person too, and I would be killed in the swamps in Florida, or be grilled in the deserts in California. In WA though I would prosper and be very content with that kind of nature. The prices for those homes are similar to here from what I could gather.

The house I linked to would have to be a bit renovated to fit my own taste on the inside, but it was more sizable than the florida house. It's the kind of size I have myself, but slightly cheaper which is very good. The neighbourhood seemed nice, but more importantly it's close to nice nature, look at this pic. Of course, I could be looking for a house closer to Seattle. I bet I could get a nice house near Seattle for the same amount of money as your expensive florida house. That is to me much better.

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Only in Big cities.
I am sure swiss is more expensive.

Even your air will be more expensjve becquse you are greedy bastards

I'm not an expert but I've heard that you have to pay quite a bit of money to live in a nice sizable house in Switzerland, at least if you want to live anywhere near a city.

They pay junior devs 100k

I heard that for some financial tax reason it is smart to live in debt. Some Swiss family I know was about to pay of their home so they renovated their garden to accumulate more debt.

God that "mansion" is ugly. Holy shit.
Why is American architecture so shit?

I found a comfy house near seattle:
realtor.com/realestateandhomes-detail/17121-23rd-Pl-SW-6_Burien_WA_98166_M19785-45814#photo1

It has potential. Needs renovation, probably it needs flooring because they have just put carpet over everything. Lmao why do americans put carpet on every single floor in their homes?

Could be something with lesser propery taxes on a property with debt than one that is fully owned. When it's fully owned it becomes an object of your fortune.

no one owns houses in switzerland
they all rent

My thoughts as well when I saw it. It is built like a mansion, but its size is just near 250 square meters, it's just a normal house lol, but looks like it tries to be a mansion in bel air or something.

Maybe because of that reason? I don't know anything about housing in Switzerland tho, so...

30 minutes BY CAR

My house is 30 minutes from the city centre by foot.

daily reminder that most western countries' have a housing crisis due to russians and chinese using housing as money escape investments.
and that these problems could be solved using a housing visa.

and that such a change will never happen as the money is too big

>Crazy mansion
>3 bedrooms

lmao

Attached: american homes.jpg (2256x3800, 2.07M)

We don't have a chinese or russian problem here, but that is a good idea with the housing visa. Why should foreigners be allowed to buy up the housing of one's country? A ridiculous notion.

> if you had 1$ million dollar in which of the two houses would you prefer to live?.

Neither to be honest.

its not just about the money you have, its about the money you can earn.
if i had 1mil home, then SF would be a better idea as i'm more likely to be able to get a job that can maintain my 1mil investment in SF than i am in fuck knows where.

plus if i want to rent it out, people will actually want to live in it, instead of some palace among the corn fields

Because biggest movie industry and biggest tech industry on the planet. California is a place with best and most opportunities.

Depending on where in the US the so-called starter home would cost 1 million tho. For as big a country as USA is, that infopicture is a bit generalizing.
It says that a lot of the middle-lower class caps at that level, so it would be easier to call it "lower to middle class" and drop the "starter home" because it impies that they are normally just for young people that will go to the next level, when the truth is that most will cap at it. And then for the next one call it "upper middle-class" instead of "ultimate middle-class". Or am I misinformed?

california is a filthy shithole but it does have the best industries, best weather, best geography, and it has ocean access. There's a reason it's filled with filthy people, but sometimes those people are enough to put you away from wanting to live there.

yes also you can buy an 6 bedroom mansion in kansas with that 1 million

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>best weather, best geography
>just gonna go hike in the nature
>wtf it's all desert with some green bushes here and there, oh wait I'm literally on fire aaahhhhhh!!!!1

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True, the closer you are to Miami, the shittier the area.
California is as far from Miami as you can get, so of course it's expensive.

california gets a lot of shit on the news about the fires because it's a story that sells. Everyone in the world knows 'california'. The story wouldn't sell if it they said Oregon had the fire.

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That house is 1 million only? If so then that's very impressive pricing. But is it so far in the boonies you'd have to call it Nowhere, or is it actually near a sizable town/city at least? If you live somewhere with less than 20k people then I for one think that it's not even worth it.

gaudy and ugly

Says the snownigger whose whole country is in the snow. At least California has industries etc unlike Norway.

Just the heat alone in that place would lit me up on fire, I don't need the wildfires to die there.

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10 degrees is not hot for denmark. denmark is mediterranean!

>wanting to live in a place with sun
>not enjoying nice cool crispy air and trees

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I'm just saying that if temperatures reach 40+ then I have trouble seeing how it's a "good" type of climate. But surely that is just my opinion.

it's not hot in san francisco
the terrain is weird and it's caught in some cold bubble

Well for one it doesn't snow there so that alone makes in goo d type of climate IMO.

You guys know Dinglederper from Twitch?
youtu.be/UTSha0O8yYU?t=290
>4:50
Europoors wished they lived in a house like this. even if you wouldn't like it, your whores would, and their clothes would be off immediately.

SF and going north from there looks very comfy. But even SF, especially when you go inland to Sacremento and those other smaller cities there, it's way too dry and sandy for my taste. I prefer truly green nature, like that which you see further north on the west coast. That yellow grass I see in the plains and on the hills in California, even in northern California is not very aesthetic to my eyes. Should be green.

Snow is very comfy imo. But I get why someone from the mediterranean would say that.

You go through 3 terrains going from SF - Sacramento - Lake Tahoe
Tahoe is what you're into.
In fact, there's a 4th terrain at Napa, which is like Tuscany in italy. California is the greatest geological place.

>No guys i don't want to live in California

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Without having been in either states, I'm prepared to claim WA as my favorite of the bunch, climate and nature-wise.