a The New York Times The article suggests that Americans are buying European homes which are “a bargain compared to Manhattan” as the US housing market continues to squeeze potential buyers.
August 29 articleTitled “Want an apartment in Manhattan? Try some European countries instead.” Citation One study From the international real estate research blog “My Dolce Casa” Realtor.com Compare the average listing price for a 500-square-foot apartment in Manhattan to the price it sells for in France, Greece, Italy, Portugal and Spain.
“Look first at Italy, where mountainous Molise took the top spot on The New York Times' list of 52 places to visit in 2020. For about $750,000 you can buy an 8,333 square foot estate, or $90 per square foot,” he wrote. Times “The southern Italian region of Calabria is not far behind at 8,242 square feet and roughly $91 per square foot,” says real estate reporter Matt Yang.
By comparison, a $750,000 apartment in Manhattan would cost a buyer a whopping $1,500 per square foot, the article states.
Yang writes that a home in Italy that is over 8,000 square feet “would cost about $12 million in Manhattan prices.”
According to Lara Bianco of My Dolce Casa, in Molise, “the most affordable region in Italy,” you can “buy a space up to 16 times larger.”
“Even in France's most expensive region, the Île-de-France region, where Paris is located, you can get 1,494 square feet of space, three times more than in Manhattan,” Bianco said in the study, published Aug. 23.
US Home Prices strike One “New record” in June, according to Fox Business.
The publication suggests Americans are moving overseas in search of affordable housing, but the California Democrat Passed Breitbart News reports that a bill has been introduced in the state Senate that would offer mortgages of up to $150,000 to undocumented immigrants buying homes for the first time.
During the period Interview On Friday's broadcast Bill Maher in Real Time“This isn't about free housing, this is about making the American Dream available to more people,” said former House Speaker Nancy Pelosi, D-Calif.
“So, will you vote for this legislation?” asked Maher, a longtime progressive congresswoman.
“I'm not really sure what that is specifically, but making the American dream of homeownership a reality for all is something we have to do for the people here right now.”
The host interjected, “This is a show for illegal immigrants.”
Pelosi responded, “Well, what I would like to do is document them.”
