Hacker News new | ask | show | jobs
by la64710 1203 days ago
Why should house prices in USA be any different than any other country? Adjusting for the current different real estate prices are much more in many other major cities around the world than that of in USA.
4 comments

"Others have it worse" isn't a compelling argument for maintaining a status quo that isn't working for most people.
I agree. For all the bellyaching about US real estate prices (and I realize they have gone up a lot) it still one of the more affordable countries for a local resident to buy their own home.

https://www.numbeo.com/property-investment/gmaps_rankings.js...

Is that including property tax and the fact that there is severely inadequate public transportation so you need to own a car?
Who knows but alot of us wouldn't take public transportation if it stopped by our front door.
I live in Tokyo, I do not get this sense here.