House Hunters International

[telophase]

Watching tonight's episode of House Hunters International, which is taking place on an island in the Bahamas, which is a very desirable place to live and very very small, so housing prices are very high.

I know all that, but it still takes my breath away when the real estate agent says that the houses average $1.5-3 million, and the couple's budget is $1 million to find a modest house for themselves and their four kids. And I'm used to $1 million houses in the States being a certain level of luxury, which isn't the case on the island because what you're paying for is LOCATION LOCATION LOCATION. (The couple own a hotel on the island - they're not the usual run of empty-nesters looking for a tropical home or well-to-do people looking for a vacation home.)

Comments

[cynthia1960]

House prices in my little corner of the Silicon Valley are still outrageous. Two houses on my street recently sold and they probably went for something in the 800-900K range. They're also fifty year old tract houses not overloaded with luxury.