Americans Suffer

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>125k purchase price
>731 a month rent
What is going on in America?

why do you put on vpns and post screenshots of cheap houses in the middle of nowhere in that respective country?
kys

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that's not rent.
Thats the Mortgage + the property taxes + homeowners insurance. Assuming you put 20 percent down at current interest rates. It in a state capital where almost everyone is white. Augusta is 96 percent white according to the census.

state capital.
look it up faggot.

Oh that makes a lot more sense.
Paying 731 a month for a house that costs 125k seems absurdly expensive

Where's the fence?

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it's Maine
kys

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aka. Paradice.

you don't need one.

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you can buy units in bulk for 50k a pop and get like a grand in rent from them in some markets.

Not a problem, property prices almost always go up long term so it's a good investment as long as you can handle a recession. Also, if you only put in 20% and borrow the rest, then you make a 25% return on your investment if the price of the property goes up by 5%.

>grand in rent from them
A MONTH.

That would be almost a bargain here

A home a middle-class American can afford or a working-class family.
we suffer.

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is real estate in Spain that cheap?

Why would anyone sell them so cheap tough?
Are all the renters drug adicts?
But you have to put in constant money since rent usualy only covers intrest and in most large/rich german cities rent is usually lower than the intrest payment. So you constantly have to put money into the property and your entire return depends on the appreciation of the real estate market.

The real estate market in Western Europe will probably continue to go up long term because of immigration and it's also heavily correlated with the stock market, so you're making a big leveraged market bet when you buy a house and borrow a lot of money. You run a real risk of getting margin calls if you make a big leveraged market bet (by buying stocks), but you don't run the risk of margin calls when you have a mortgage.

>Why would anyone sell them so cheap tough?
bulk price. the gov pays most of the rent.
public housing in the us is largly privatized.
it can be a pain, but the money is beyond good.
you can make back your down payment in less than 2 years.
100 percent occupied and each unit rents for over a thousand dollars.
makes about 200k a year in profit.

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europe has tons of cheap houses everywhere