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npub10jnx...vcrd 1 year ago
$5 Million dollarydoos for this 😂 The $284k stamp duty would put you in the top 1% of income earners - $28k in monthly mortgage repayments with 10% down 🤣🤣🤣 The #AUStriches housing Ponzi will continue until it’s cheaper to build new homes entirely out of polymer banknotes image
StackSats.IO's avatar StackSats.IO
$3.267 Million dollarydoos for a house 41 kms from the Sydney CBD The #AUStriches Housing Ponzi will continue until you can buy a coffee with parts of your house
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Hurvajs Rumcajs's avatar
Hurvajs Rumcajs 1 year ago
These house prices start to feel familiar numerically to me. Because that's what you pay for a house in bad condition in Czech crowns (CZK) outside of big cities. But 1 CZK is 1/23 of USD 🤣. A modest but good house in Prague is around 1 million USD. It's most likely a row house on 250-400m2 plot with ~200m2 of floor space. And it's an renovated old house. The new ones are more expensive and smaller generally.
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