I could live there quite happily.If we sold our house, we could actually afford this island home in Ontario,
A private island in Canada with a 4-bedroom home is on sale for less than the average house in America. Take a look.Duval Island, a private island in Ontario, Canada, is on the market. It sits on 5.40 acres of land and has a four-bedroom home and guest cabin.news.yahoo.com
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Not too far north of where we currently live. I kind of always wanted my own island!
Just to keep things in perspective….Where I am you can’t find anything under 1,000,000 and that’s 45+ min east and 45+ min west of me. And Toronto, forget it. A shack will cost you $1.5 million. And you thought Vancouver was high.
The Millennials and up may never be able to afford a home unless they get in now since the bidding wars have stopped and prices and come down a bit but the interest rates have gone up. So either way your screwed.
My 1st house in ‘83 cost I think $83,000 and interest rates were 14.75 I think. I paid it off in 5 yrs. New houses in 1973 for an example a bungalow cost you $27,000.
My bungalow with 2600 sq ft finished basement, main floor all hardwood floors, huge 3 car garage and close to a 1 acre lot in 2010 cost us $600,000 and change, and today it’s worth $2.5 million.
I read something similar last night or this morning.For what it's worth. Not quite sure how to interpret this. I think they're still going up, just not as fast.
"U.S. home prices cooled in July at the fastest rate in the history of the S&P CoreLogic Case-Shiller Index, according to a report released Tuesday."
"Home prices in July were still higher than they were a year ago, but cooled significantly from June gains. Prices nationally rose 15.8% over July 2021, well below the 18.1% increase in the previous month, according to the report."
"The 10-City composite, which tracks prices in major metropolitan areas such as New York and Boston, climbed 14.9% year over year, down from 17.4% in June. The 20-City composite, which adds regions such as the Seattle metro area and greater Detroit, gained 16.1%, down from 18.7% in the previous month. July's year-over-year gains were lower compared with June in each of the cities covered by the index."