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Comparison for the $300,000 range
A perfect example of the disparity of housing prices between the US and Australia
US Economy has room to grow. Click on the picture for a link to an article from the economist magazine
Although it’s unclear whether the overall U.S. housing market is on the mend, some areas are doing decidedly better than others.
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Diversification away from Australian real estate assets is worthy of serious consideration. The majority of the Australian population has a high concentration of their net worth in domestic property. A high risk low return strategy in the current environment.
America’s housing market is still struggling to find solid footing amid millions of delinquent loans and foreclosed properties. But as the wider economy begins to strengthen, and Americans start to feel better about their current and future finances, they are dipping their toes back into the housing waters.
