theHRguy@lemmy.world to Late Stage Capitalism@lemmy.world · 3 months agoReport: Rent Prices in China are 74% Cheaper than the U.S.medium.comexternal-linkmessage-square7linkfedilinkarrow-up128arrow-down12
arrow-up126arrow-down1external-linkReport: Rent Prices in China are 74% Cheaper than the U.S.medium.comtheHRguy@lemmy.world to Late Stage Capitalism@lemmy.world · 3 months agomessage-square7linkfedilink
minus-squareLifeInMultipleChoice@lemmy.worldlinkfedilinkarrow-up8·edit-23 months agoTheir income to house pricing is insane though. It doesn’t matter if the houses are cheaper if the income is way lower as well. https://www.numbeo.com/property-investment/rankings_by_country.jsp
minus-squareEndlessNightmare@reddthat.comlinkfedilinkarrow-up1·3 months agoThis is also why the oft-suggested “just move to a cheaper area” misses it as well. Great, houses are 1/4 the price in rural Nebraska. And there’s no jobs.
minus-squareLifeInMultipleChoice@lemmy.worldlinkfedilinkarrow-up2·3 months agoYeah that’s generally just something that helps when it comes to retirement. Doesn’t work for working years
Their income to house pricing is insane though. It doesn’t matter if the houses are cheaper if the income is way lower as well.
https://www.numbeo.com/property-investment/rankings_by_country.jsp
This is also why the oft-suggested “just move to a cheaper area” misses it as well. Great, houses are 1/4 the price in rural Nebraska. And there’s no jobs.
Yeah that’s generally just something that helps when it comes to retirement. Doesn’t work for working years