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> her 1 euro house cost her about €2000 …and then 100k more to bring it to normal living condition
by 0ld 5y ago
> her 1 euro house cost her about €2000
…and then 100k more to bring it to normal living condition
- jdhn 5y agoA €102,000 house in Italy doesn't sound like the worst deal in the world.
- walrus01 5y agoYou can get a pretty decent house in some rural economically depressed parts of the USA for $100k, if you look. Use zillow, set price ceiling to 100k or 110k, 2BD and 1BA or 1.5BA, start browsing map to random small towns in the midwest and prairie states.
- jdhn 5y agoYou still can get a house for that much in Detroit, however you'll potentially be living in a dangerous neighborhood. Safe Detroit neighborhoods have actually soared in cost even if they aren't in the downtown area, believe it or not.
- walrus01 5y agoIf I were to do something like that for habitable, ready to move in house under $100k in some post-industrial economically depressed city, it sure wouldn't be Detroit with all the big city problems that come with that... Somewhere much smaller like Oswego, NY or Elmira, NY. a somewhat randomly chosen example in 45 seconds of searching: https://www.zillow.com/homedetails/51-E-5th-St-Oswego-NY-13126/53759002_zpid/ https://www.zillow.com/homedetails/51-E-5th-St-Oswego-NY-131...
- cptskippy 5y agoMissouri just doesn't have the allure of the Italian countryside.
- walrus01 5y agoNeither does Rochester New York, where you can get a pretty decent house for $80k.
- kube-system 5y agoYou can get a house in economically healthy cities and suburbs for $100k... ... as long your definition of economically healthy doesn't mean "top-tier school district in a trendy metro area", and your definition of house isn't "4bd/2ba recent construction" Hastily searched example: https://www.zillow.com/homedetails/14021-Lakota-Ave-Cleveland-OH-44111/33369149_zpid/ https://www.zillow.com/homedetails/14021-Lakota-Ave-Clevelan...
- toofy 5y agoSure, but my suspicion is that the main driver for someone doing this is the allure of moving to a different country, especially one with such a reputation of having beautiful scenery and culture.
- xwdv 5y agoHow bad is the living condition? What if you want to take a trip to Italy and just want to buy a place to crash for a week? Bring a sleeping bag?
- jussoli 5y agoI recall these buildings being unlivable with no amenities or facilities. At least that was my impression when this made the rounds last time. Add to that the $2k closing costs and it’s not a viable solution for a week’s worth of camping.
- xwdv 5y agoDoes it have walls at least?
- mdp2021 5y agoI think one of the conditions for the "1€ economic treatment" is that you actually will live there where you bought, for years.