Thats peanuts you should see swiss prices :-) though most only buy one
house and live it it for life and the mortgage is transferrable to kids
etc. no point ever owning it outright as its classed as an asset then
and subject to yearly asset tax
> Don't let Chris make you feel bad... here in the suburbs of Washington DC
> that would easily fetch $500,000 USD. On the other hand, we sold my late
> father-in-laws little (1,100 sq.ft.) place in desolate and depressed (think
> closed refineries and steel mills) Hammond, Indiana about two years ago for
> $8,000.
>
>
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