Los Angeles Real Estate Reality Check: What will $400,000 buy?

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  • Опубликовано: 11 май 2016
  • When we set out to find the homes our budget would buy, we knew we would get little to nothing for $200,000. But doubling that price limit to $400K we just assumed we were firmly in the SoCal housing market.
    Our eyes didn’t want to tell our wallets what we found. It’s not that you can’t find a house for nearly a half million dollars in Southern California; you can. But is it in a place where the commute to work is realistic? Is it in a somewhat safe neighborhood?
    Depending where you search, the answer is decidedly, maybe. www.foxla.com/news/local-news/...
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Комментарии • 1,1 тыс.

  • @MiguelConcha972
    @MiguelConcha972 6 лет назад +434

    400k in TX will get you a huge house about 5,rooms 4 bathrooms, 3 or four living rooms. And a big backyard. And with money to spare you can buy yourself a Mercedes.

    • @lilliampumpernickle4655
      @lilliampumpernickle4655 6 лет назад +23

      True. Not in highland park tho

    • @MiguelConcha972
      @MiguelConcha972 6 лет назад +1

      BigSoulja in the outskirts of Collin county Yea, in Mckinney it will get you a pretty big house, and in Plano maybe just a regular two floor house.

    • @greatestever1905
      @greatestever1905 6 лет назад +60

      yeah but texas blows compared to california

    • @MiguelConcha972
      @MiguelConcha972 6 лет назад +13

      Greatest Ever how so?

    • @robertnewton2154
      @robertnewton2154 6 лет назад +67

      Greatest Ever Okay enjoy the Sun While the rest of the country isn’t house poor and broke and living in huge ass Brick and Stone Custom houses and driving far better cars that are most likely paid for while dumbass California people play pretend and live paycheck to paycheck and in debt up to their eyeballs lol . By all means do you bro . If I want Sun I’ll jump on a plane for $120 round trip and be in LAX in 2 hours . Only suckers choose to stay and grind that shit out day to day in Horrendous traffic and Ridiculous Cost of living to be in Dry Ass Mountains and Cold ass industrial Sludge water beaches .......Plus Texas is actually a “Free State “and you can actually buy guns there lol . I would definitely pick Texas if given a choice .

  • @ButterySkater
    @ButterySkater 7 лет назад +516

    for 500k in long beach will get you a small home in the hood.

    • @irma562mart5
      @irma562mart5 6 лет назад +12

      Buttery Skater yup! I stay here in Long Beach and all houses are crappy for that price

    • @tadelitekeno197
      @tadelitekeno197 6 лет назад +14

      Move to sweden! 500k there will get you a really nice home in a GOOD neigborhood

    • @danilzy
      @danilzy 6 лет назад +1

      Of a shitty town Olle Öhrling

    • @Moon___man
      @Moon___man 6 лет назад +34

      Here in Phoenix 500k gets you a Mini mansion in a really nice community

    • @lolololo3093
      @lolololo3093 6 лет назад

      Olle Öhrling cant i like guns

  • @carlostrujillo3854
    @carlostrujillo3854 6 лет назад +138

    I love L.A. but won't ever move there can't afford it but I'm good with my 2,600 sq ft home on 10 acres for 160k in texas

    • @lorenzomateos4161
      @lorenzomateos4161 5 лет назад +22

      downside about all that is that youre living in TX.

    • @ecbennyj8078
      @ecbennyj8078 5 лет назад +1

      Where in tx do you live? I have a friend that lives in Dallas, and I considering (and only considering) in moving to Texas but damn... I would love to have 10 acres for that cheap! Btw my friend has been trying to convince me to move to Texas for the longest time but I’m comfortable living in Temecula ca (rural part of ca)

    • @Vincent98987
      @Vincent98987 4 года назад

      That's a really cheap home you live cold in the winter because you're house's walls are not strong.

    • @FlightX101
      @FlightX101 4 года назад +4

      Lorenzo Mateos Texas overall is pretty good though. Cali is obviously the place to be but you better have money lol

    • @pwnage1731
      @pwnage1731 4 года назад +3

      @@jamor2549 Oh yes, bigoted politicians is definitely what people want in their state -_-. Bro, it's cool to be proud of your state, but trashing others ain't it.

  • @dpman3964
    @dpman3964 6 лет назад +115

    You would have to be insane to pay 400K for that shit. Can someone please tell me what is so great about living in Anaheim, LA, etc?

    • @robertnewton2154
      @robertnewton2154 6 лет назад +15

      Ummmm there’s a few more months of sun ........isn’t that worth 400k in a shit neighborhood lmao

    • @jdrancho1864
      @jdrancho1864 6 лет назад +16

      +Derrick Pitts Anaheim is in Orange County. where unemployment rate is very low. Anaheim has Disneyland, the Angels and Ducks. South Coast Plaza is close, less congested - usually - than LA. You could do worse.

    • @robertnewton2154
      @robertnewton2154 6 лет назад +3

      Jesse Caballero it’s a cool place to visit of course only in the very very few good areas but u go suck up some sun and then gtfo

    • @jdrancho1864
      @jdrancho1864 6 лет назад +5

      +Jesse, ma boy, ma boy. What happened? Did you get scared by a mouse or get bitten by a duck during your formative years, back in 2016? Never mind, don't answer that. We get it, you don't like Disneyland.
      Still, I repeat, the OC is great. Lots of things to do, the Angels, Ducks, South Coast Plaza, beautiful women, unemployment lower than all of California except the Bay Area, UC Irvine and so on, what's not to love?
      A little bit of research revealed the following: the house shown in the clip was offered Oct.2015 for 425000 and sold a month later for 320000. Apparently, the buyer turned around and sold the house for 395000 six months later, which was during the time of this news item.
      A year later, in June 2017, it was put on the market and sold six WEEKS later for 555000. So the realtor showing the property was right on the money with her assessment.
      The internet shows two pictures of this house. The before picture shows the house the way it is shown in this clip. The after picture shows the house in 2017 after the remodel and it looks nice enough to justify the price tag.

    • @TheTwistedMystic
      @TheTwistedMystic 6 лет назад +15

      Nothing is great about it. It's where all the lizard people flock to because it's warm. Come to Minnesota. 400,000 will get you a beautiful home in a nice neighborhood with a huge backyard. Yes, it's cold here 6 months out of the year, but if you aren't a lizard you should be able to deal with that.

  • @Chy-th3sj
    @Chy-th3sj 6 лет назад +327

    How to get rid of gangs and violence in neighborhoods? Raise the value of homes

    • @CONNERK2
      @CONNERK2 6 лет назад +2

      Chey000 0 Gotti

    • @randomguy5990
      @randomguy5990 6 лет назад +56

      And everyone who doesn't make 200k a year

    • @CONNERK2
      @CONNERK2 6 лет назад +27

      randomguy5990 Califorina is 400 billion + in debt, they raise taxes to retarded rates, tax the poor on gas, and spend tax dollars like they're Paris Hilton. Califorina is gonna pop soon or later and jobs are leaving no coming.

    • @CONNERK2
      @CONNERK2 6 лет назад +4

      its gonna be the next Flordia Housing boom that popped

    • @randomguy5990
      @randomguy5990 6 лет назад +3

      conner Kenneth California's GPD is 2.623 trillion. That's why the state still has an AA- rating, they can pay that money back.

  • @LucasFernandez-fk8se
    @LucasFernandez-fk8se 7 лет назад +196

    how the hell are these houses selling for the price of a 400k mcmansion in altanta

    • @supermangris8705
      @supermangris8705 7 лет назад +16

      Kathryn Dorsey but its beautiful. Never been there, never been in USA, but i love los angeles, everything, its just so beautiful! Its just how i like it, i wish to live there

    • @andrewmcquain
      @andrewmcquain 7 лет назад +39

      It's not the house that's worth that much. It's the land it sits on. The houses don't matter. The real value out here is in the land.

    • @user-cw2py6wh8l
      @user-cw2py6wh8l 6 лет назад +12

      Los Angeles has higher salaries. Plus when you sell your house in 10 years, you get double your money back.

    • @nowitsabadtime
      @nowitsabadtime 6 лет назад +4

      EVERYBODY wants to live in L.A., the demand is sky-high, that's why somebody will buy a run-down toolshed for half-a-mil; gets them into sexy L.A.!

    • @robertneville1512
      @robertneville1512 6 лет назад +22

      Kathryn Dorsey what's the point of living in city where there is so much to do when you're always going to be broke?

  • @user-su5if2ns3z
    @user-su5if2ns3z 7 лет назад +148

    it's crazy here in California that I was approved for a 375k loan but there was nothing good to buy. JUST OLD CRAPPIE HOUSES IN THE GHETTO. I'm moving to another state in December because it's rediculus out here

    • @irma562mart5
      @irma562mart5 6 лет назад +3

      David Vasquez move to the hi desert really nice two-story houses for that price😃

    • @tamarcalifa
      @tamarcalifa 6 лет назад +9

      David Vasquez LAS VEGAS IS CHEAPER AND NICER.

    • @MrClownWorld
      @MrClownWorld 6 лет назад +34

      CASPER SUR13 LOVE THE GANG LIFE We don’t want to live anywhere near you with that name.

    • @robertneville1512
      @robertneville1512 6 лет назад +9

      Move to Phoenix, it's way cheaper there and honestly it's freaking nice

    • @LetiziaPalermo25
      @LetiziaPalermo25 6 лет назад +1

      sweet562 Mart You like Palm springs or Palm desert?

  • @hugopulido9446
    @hugopulido9446 6 лет назад +256

    This exactly why people should move out of California

    • @user-zp8jv2yt7s
      @user-zp8jv2yt7s 6 лет назад +21

      Eddie Munster there's more beautiful places in california

    • @slimkhalifa766
      @slimkhalifa766 6 лет назад +19

      I wouldn’t live in that shit hole

    • @jdrancho1864
      @jdrancho1864 6 лет назад +2

      Wish that they would, but they just keep coming.

    • @jceess
      @jceess 6 лет назад +19

      California is a sinking ship. And like a sinking ship, the rats are all fleeing to other ships such as Oregon and Texas. And much like rats, they bring their diseases (voting patterns) wherever they go, starting the cycle again.

    • @jceess
      @jceess 6 лет назад +7

      Ok cool, stay in Cali. Thanks in advance.

  • @denisela3403
    @denisela3403 8 лет назад +66

    I want to know what y'all do for a living out there to afford $400,000 worth of home? Like that's a mansion here in South Carolina.....

    • @ceejayy727
      @ceejayy727 7 лет назад +14

      What are they doing you got 3 to 4 families living in the house if you pass by these homes you got like 7 to 10 cars parked at the house

    • @denisela3403
      @denisela3403 7 лет назад

      Wow. So what career pays the most there?
      What about ultrasound tech or a nurse pay?

    • @ceejayy727
      @ceejayy727 7 лет назад +1

      +Denise La nursing jobs pay good theirs job you make good money but the housing is outrageous middle class family's is hard you both have to work and make at least 80,000 a piece example a 2 bed room apartment in a not so grate area you're looking at 1600 to 1800 now a house you paying more a house for sale 2 bedroom 1 bath 800 Sq feet 400,000 in a not so good area but you can't beat the California weather at a high $$$$$ cost.

    • @jaxxonthehealer6607
      @jaxxonthehealer6607 7 лет назад +10

      Denise La truth is most millennials cannot afford housing here. My husband makes around $96k a year and we can't afford a house. We would never live in Boyle heights is ghetto there. But most people are moving far and commuting. These houses are mainly bring bought by rich investors that buy all cash and rent it out. Mostly Chinese and Russian investors i hear. And alot of ppl spend around 50% or more of their paycheck paying rent or mortgage. It's really miserable out here unless you bought your house 10 yrs ago then you are sitting on gold. And ppl don't want to build because pulling permits takes months and it's thousands of dollars. A 2bd 2 bath easily goes for $700k here in San Fernando Valley. I hate this god forsaken city unfortunately it's the only city hat had my line of work so i must be here. Sucks.

    • @jaxxonthehealer6607
      @jaxxonthehealer6607 7 лет назад +4

      CaSpEr LoKeS lol yea that is so true i know alot of families that do that. Mostly mexican and Asian but i think that's part of their culture to be living with their families.

  • @joseron523
    @joseron523 5 лет назад +12

    “You haven’t met my mother in law” lol

  • @Razzy1312
    @Razzy1312 6 лет назад +174

    Here's the problem in California. The liberals with the money love to talk about fuzzy things like building affordable housing, but then when it's suggested that an affordable housing unit be built within 2 miles of their home it's all "Ew, no! It'll drive down the price of my own home!"

    • @Asek-le4zx
      @Asek-le4zx 6 лет назад +31

      Razzy1312 yeah they're fucking hypocrites

    • @jonmario3440
      @jonmario3440 6 лет назад +24

      They love spending money that isnt theirs

    • @jdrancho1864
      @jdrancho1864 6 лет назад +7

      The problem is that they never define what 'affordable housing' should look like. Fact is, if you do they math, affordable housing always ends up looking like Cabrini Green or some other public housing project.

    • @pacificswell
      @pacificswell 6 лет назад +8

      Liberals or republicans we don’t want to live in a town of inbreds nor poppy country listening cowboys.

    • @mojavedesert2610
      @mojavedesert2610 6 лет назад +6

      Razzy1312 YOU MUST BE FROM THE BACKWOODS OF ALABAMA AND NEVER MADE MORE THAN 5 DOLLARS AN HOUR AND STILL VOTING REPUBLICAN! THE TOP TEN POOREST FUCKED UP STATES ARE ALL RED!!! SHIT HOLE BACKWARD STATES...

  • @ralphthagreat6470
    @ralphthagreat6470 6 лет назад +45

    That's a $60,000 house in Chicago suburbs lol

    • @ApriliaRacer14
      @ApriliaRacer14 6 лет назад +1

      future pimp22 True but you don’t have an ocean, mountains, great weather and do have as high taxes and crime.

    • @emmacat3202
      @emmacat3202 6 лет назад

      And lots of heroin.

    • @homeofthemad3044
      @homeofthemad3044 6 лет назад +5

      Ducati Drew
      California has high taxes, not illinois necessarily. Also your money goes a lot further in Chicago, you don't have to spend thousands of dollars for a KitKat bar.

    • @ryanvason6818
      @ryanvason6818 6 лет назад

      future pimp22 man that’s 15,000 house in the City of Cleveland and it will look the same too

    • @MrJimmy3459
      @MrJimmy3459 6 лет назад

      That great weather is not so much anymore, 90 degree summers are starting to be the norm in LA

  • @wiseseek1925
    @wiseseek1925 7 лет назад +26

    It is true that if a city is expensive, then the wages will be higher. But at what cost? It is just a rat race. Wages will not be able to keep up with the cost of living. The best solution is to save a ton of money living in expensive city while sacrificing and trying to reduce expenses as much as possible. Then take your savings and pay all your debts and move to a small town with the remaining funds. Live a simple, minimalist, debt free life. Even though a job won't pay much there, it can at least cover the necessities and a little more for spending and enjoying.

    • @maythesciencebewithyou
      @maythesciencebewithyou 7 лет назад

      RUclips User and that way ruin the lifes of small town folks, the same way rich investors are fuck you by buying overpriced houses from greedy landlords

    • @Razzy1312
      @Razzy1312 6 лет назад

      More like specific wages will be higher. The top 25% will be earning more, but the bottom 25% earns the same as everywhere else.

    • @josebaltazar695
      @josebaltazar695 6 лет назад

      UnConventional this is actually my life goal, I live in LA hopefully not for long.

    • @paulbroderick8438
      @paulbroderick8438 6 лет назад

      Words of wisdom!

    • @anaz5918
      @anaz5918 2 года назад

      The salaries even for educated professionals doesn’t match the high cost of living there unless you work for the city since it guarantees you an overpaid pension but those jobs are barely available and only those with connections tend to get them .

  • @victorialadybug1
    @victorialadybug1 6 лет назад +7

    That whole damn state needs a reality check.

  • @RFJersey
    @RFJersey 6 лет назад +7

    This is no surprise, every major city that’s is worth living in is expensive because of the demand for housing. Whether it’s LA, NYC, Miami, San Francisco, Boston, etc. If cheap housing is important, than choose a city with cheap housing. I wouldn’t want to live in one of those cities but I’m sure it works for some.

    • @richardhuzzey1294
      @richardhuzzey1294 5 лет назад

      No major city is worth living in.

    • @pwnage1731
      @pwnage1731 4 года назад +1

      It's personal preference guys.

    • @lacuevadegolum9448
      @lacuevadegolum9448 2 года назад

      @@richardhuzzey1294 No but here in Mexico City it worth, just traffic it's a problem but it's safer than 80% of the country

  • @thesoftlifeadventurer
    @thesoftlifeadventurer 6 лет назад +3

    "The front door is practically ON the floor."😂😂😂😂😂😂

  • @OvercookedTorta
    @OvercookedTorta 5 лет назад +10

    "We're in Anaheim, happiest place on Earth"

    • @ripemm5737
      @ripemm5737 4 года назад +1

      Yea where it costs a months wages to go to dizzyland

  • @fuckyanunyas488
    @fuckyanunyas488 6 лет назад +5

    That would go for $650K now.

    • @bubba6989
      @bubba6989 5 месяцев назад

      Now a million lol

  • @jeffyjohn5673
    @jeffyjohn5673 6 лет назад

    In my old neighborhood in Austin texas, a 50 year old track house 962 square feet is currently selling for 280 to 300 K. The first house looks really nice for LA.

  • @testtestic5311
    @testtestic5311 6 лет назад +42

    It's the land that's expensive. Not the house.

    • @christovenchi644
      @christovenchi644 6 лет назад +2

      Test Testić yes exactly

    • @CONNERK2
      @CONNERK2 6 лет назад +5

      Test Testić for real people dont understand that. You cant just build on water the land is limited near the coast. The price will rise and crash and rise. Socal has good weather. Sure you can get a place new and huge somewhere else but fuck that 4 seasons shit plus I like surfing.

    • @robertnewton2154
      @robertnewton2154 6 лет назад

      conner Kenneth TJ has same weather stupid fucking logic ......

    • @CONNERK2
      @CONNERK2 6 лет назад +3

      Robert Newton So does Africa lol? its about being in the United States. Baja Califorina is great just not so much economically.

    • @robertnewton2154
      @robertnewton2154 6 лет назад

      conner Kenneth Ok 👌

  • @Mr_Ray.
    @Mr_Ray. 6 лет назад +19

    400k in Boyle Heights? I know that area and that’s a rip off. Good luck with those bums, cholos and drug addicts!

  • @bigstickful
    @bigstickful 6 лет назад +12

    can u spell housing bubble

  • @gavincurtis
    @gavincurtis 6 лет назад

    Or in North Idaho you can buy a brand new 2,500 sq ft 2 level open concept home on a hill overlooking the city (yet still in the country with private well and septic) on 6 acres for that same price like we did.

  • @CraftyZanTub
    @CraftyZanTub 6 лет назад +1

    The sarcasm by the journalists was to die for!

  • @dingomcgoo1307
    @dingomcgoo1307 6 лет назад +7

    Thats a $90k house in parts of the Midwest

  • @r.g.431
    @r.g.431 6 лет назад +4

    I make around 65k a year and even then i cant afford a 400,000 morgage on my own with would probably be around 2,700 not including bills car paymnt food insurance etc,,,

    • @r.g.431
      @r.g.431 6 лет назад

      Blake H yes sir its sad that now a days in order to be a homeowner in so.cal you have to make over 100k atleast!

    • @skater0224
      @skater0224 5 лет назад

      Raul Garcia does that include yourself only or with a partner 100 +K

  • @dat209papi
    @dat209papi 6 лет назад +2

    I just moved to Bakersfield and purchased a new built home for 250,000 4 bedroom home with 400,000 you could get a huge new home here in the valley

  • @Funky_sockz
    @Funky_sockz 6 лет назад +1

    “You haven’t met my mother in law” I’m fuckin dead 😂😂😂😂

  • @simontalbot2507
    @simontalbot2507 6 лет назад +45

    Proof of a failing empire

    • @slickawesome7807
      @slickawesome7807 6 лет назад +14

      J M- And the problem is people like you flood states like Nevada, Utah, Texas, Arizona, Oregon and infect them with your garbage politics.

    • @myNEONCITY
      @myNEONCITY 6 лет назад +1

      It's actually proof of the opposite, but I digress.

    • @utkarsh4386
      @utkarsh4386 6 лет назад

      J M no its more expensive because the number of permits for building houses has gone down dramatically hindering supply. Also, the california building code is 100s of pages and the residential building code is 100s of pages on top of that.

  • @forever_seeking
    @forever_seeking 7 лет назад +24

    Happiest place on earth?! well it depends where in Anaheim. I didn't feel too comfortable taking kids for a walk there. Too many sketchy ppl and we were able to see Disney fireworks at night from our location.

    • @fhuber7507
      @fhuber7507 6 лет назад

      Happiest slum on earth maybe.

  • @kurtwaggoner3565
    @kurtwaggoner3565 3 года назад +1

    This is a very interesting story to tell, I have been a tenant for a very long time because I was working as a foreman for a construction company in New Jersey, My wife was a high school teacher and we have a son, we were happy as a family but not very happy because we need a place to call our home, actually, I will say a very nice house we can buy with a well furnished parlor and a lovely Fair sized house built of red Lyons Sandstone with the most god-awful-looking picket fence I’d ever seen. Well, it was not possible to achieve at first because our income was not high enough to purchase such luxury, I worked 9 to 5pm and also do the extra job to earn money to enable my family to have a comfortable life, it was not as easy as it seems, you should understand what I mean if you are struggling to have a home as a well affordable house it can be a Flat, Single-family (detached, Condominium, Apartment, Co-op, Town home, Bungalow, Ranch-Style, Cottage, Cabin, Chalet, Tiny home, Mansion, Contemporary Mansion, etc. I have to say nothing is impossible if you take the right decision and consult the right company or organization that will give you a lifetime opportunity to become a landlord of your dream home without no loan or unfavorable contract that will be a burden which comes with a mortgage high enough to rip your brain apart, well there is good news for everyone Low-income earners or high earners, Non-citizen or legitimate Citizen can benefit no one is exempted from these wonderful benefits, I was so skeptical about sharing this news because I just don't know if it was proper to do so, but my conscience keeps hunting me if I do not share this good news to those who urgently need to be a landlord owning a property and be free from paying rent. well my friend told me about this construction company (www.woodpipex.com) they made my life meaningful I just contacted them via their official website, chat room, or there company direct MAIL (sales@woodpipex.com) that decision I took changed my life
    forever.

  • @m.miller2374
    @m.miller2374 6 лет назад

    112k got me a 1000 square feet in Omaha suburb in a quiet neighborhood and near schools and shopping. Nice front and backyards

  • @KimPhilby203
    @KimPhilby203 7 лет назад +4

    Left the US and moved to Amsterdam, Holland 🇳🇱... Even smaller and more expensive but the Healthcare is great and there's no property taxes...

    • @alexm5209
      @alexm5209 5 лет назад

      @Duke Of Prunes They have a much better public transport system (its superior to what we have here around NYC), so you wont have to worry about gas prices going up

    • @alexm5209
      @alexm5209 5 лет назад

      @Duke Of Prunes Do you also know that they have a cheaper and better healthcare system meanwhile medical expenses are the leading cause of bankruptcy in the US. To make matters worse, you cant even write off medical expenses from your taxes anymore (you used to be able to do that before the GOP decided to cut taxes on the rich at the end of 2017). Plus, pharmaceutical companies here get to charge whatever they want for a drug. For example, Bayer made a drug that is supposed to cure cancer, but it costs $64k year! Bayer's CEO was asked about why the price was so high, and he responded by saying it was for "rich westerners who could afford it". Also, Mylan has hiked the price of EpiPens 400% (those drugs are used to help someone who goes into severe anaphylactic shock as a result of an allergic reaction). Also, back in 2015, Martin Shkreli (Turing Pharmaceuticals CEO) decided to hike the price of Dariprim (used to treat HIV) from $13.50 to $750 A PIECE😱😱 As a result, many Americans have been driving up to Canada to get prescription drugs, where they cost a lot less as their government actually has a spine to impose price caps on these drugs so companies cant charge what they want. What can be done in the short term is to pass a law that allows drugs to get imported from Canada. Btw, back in 2017, Bernie Sanders introduced a bill in the Senate to do just that, but it was defeated by the Republicans and 13 Democrats (including Cory Booker, who has taken hundreds of thousands of dollars in campagin contributions from big pharma companies). Ulitmantely, the way to fix this problem is to go to a universial healthcare system like that of the Netherlands, studies have shown that such systems are actually CHEAPER than our current system (even a mercatus center study came to that conclusion, and that's a right wing think tank backed by the koch bros). You will save money as you no longer have to pay a private insurance company that may or may not cover you when you need medical care (insurance companies do refuse to pay out on claims quite often now). Trust me, this will help you, not hurt you. People need to look out for their fellow human beings, just because someone is rich, they are not superior to someone who is poor. If people cared about other humans, we wouldnt have an affordable hosuing crisis. Since these real estate developers dont want build affordable housing, we have to have the government build PUBLIC HOUSING FOR THE MIDDLE CLASS AND POOR. Plus, we need to impose rent control, hell, even RENT CAPS, to ensure that landlords cant price gouge their tenants.

    • @alexm5209
      @alexm5209 5 лет назад

      @Duke Of Prunes If I was biased about everything American, I would have left a long time ago. I'm just saying that there are things that need to be fixed, that's all

  • @ohwell2790
    @ohwell2790 6 лет назад +6

    I live on a fixed income ( I am 74 ) and guess I will just buy a nice van to live in. What kind of income do you need to Qualify for these houses, a million a year? I know for a fact people my age have seen the best years of America, so I'll take the two steps to the frigg and have another beer. Join me anyone?

  • @allpropertyvideosdotcomwit3524
    @allpropertyvideosdotcomwit3524 6 лет назад +2

    💰 There are lots of reasons that SoCal housing is spectacularly expensive, but one of the largest is local opposition to development- the politicians want the jobs, they want the people, they want more money from the additional tax base... but they want the actual housing to be located somewhere else. This does not compute.

  • @lilydong4736
    @lilydong4736 6 лет назад

    Its 35 kms for me to work, 50 minuets drive without traffic jam, or sometimes even 2 hours with very heavy traffics. However no big difference for house price. I live in one city of China. The house price is just crazy

  • @wonderwallflower
    @wonderwallflower 7 лет назад +14

    450,000 dollars can buy you a tiny house in Southern Perth, Australia with no fireplace, small patio, no backyard, 2 baths, 2 rooms...

    • @christovenchi644
      @christovenchi644 6 лет назад +3

      Naya Amore In Indonesia U can Make a Mansion Lmao

    • @sn350yt
      @sn350yt 6 лет назад +7

      450k in AUD is like 100k USD. Big deal

    • @Rhaspun
      @Rhaspun 6 лет назад

      How are the wages there?

    • @snoopy13946
      @snoopy13946 5 лет назад

      sam b You obviously failed at maths. Still, the wages over there in Perth are about double that in Californiayeeee

  • @chickenwarrior9991
    @chickenwarrior9991 6 лет назад +10

    Count your blessings. In Vancouver you might get a parking spot for $400,000.

    • @yeeyee9759
      @yeeyee9759 4 года назад

      Nobody wants to live in Vancouver

  • @Lol-hs5gz
    @Lol-hs5gz 5 лет назад

    Here in San Ysidro you can get a 2 story house, 4 beds, 3 bathrooms and a big backyard for $350k-500k

  • @MsHjalli
    @MsHjalli 6 лет назад +1

    2:17 the guest bath that’s if you don’t like you’re guest lmao

  • @xs8372
    @xs8372 6 лет назад +9

    California has become so over priced and the jobs are not paying enough for the rents, no wonder there’s such a huge homeless problem here...

    • @anaz5918
      @anaz5918 2 года назад

      Also their policies like giving free needles , let homeless shit in people backyards , the nice weather year around attracts homeless or drug addicts from other states knowing they have more rights and can get away it with shitty behavior. In other states the kind of behaviors is not tolerated.

  • @ButterySkater
    @ButterySkater 4 года назад +3

    Its 2019 400k will buy you a 2bd 1ba 700sqft house.

  • @jnava1427
    @jnava1427 6 лет назад

    I was gonna move to Upland, CA but even there is getting very saturated and living costs rising.

  • @caroljewell4936
    @caroljewell4936 6 лет назад

    or live there in Calif. prices and loss of residence will break those prices bubble coming for Calif.

  • @threeone6012
    @threeone6012 6 лет назад +5

    How close is this to the homeless camp?

  • @marc2322
    @marc2322 6 лет назад +16

    I’ll wait til the market crashes again in 5-10 years and then I’ll buy a house for the low in Cali

    • @hemiyachtcharger6538
      @hemiyachtcharger6538 6 лет назад

      Marc A cali is so overpriced im thinking about denver

    • @marc2322
      @marc2322 6 лет назад +5

      notmyproblem boi it's high because of location. There aren't many cities where it's sunny 95% of the time with an endless amount of different beaches, a city that's always changing, the abundance of cultural diversity, etc. But it depends on the person and what you're looking for. It's pricey and overcrowded but for me I need the chaos, the suburbs are too quiet and picture perfect it gives me anxiety

    • @hemiyachtcharger6538
      @hemiyachtcharger6538 6 лет назад +3

      Marc A i get youre drift , im born and raised here in California, but about a year ago i moved to Denver, Colorado for school and in my part-time job as a storage truck driver i saw beautiful 3 story houses that were on sale for 300k to 400k in BEAUTIFUL neighborhoods parks in every corner , not to mention Denver's sunny all the time even during winter. Everything was cheap considering i was living in the city . California is a economic pit hole i rather have more money than a good view ill save that for when im older

    • @robertnewton2154
      @robertnewton2154 6 лет назад

      notmyproblem boi you’re a smart man , people in California are stuck . If they seen how people in other states lived with same money they would never come back . Keep your Boyle Heights ghetto pos . I’d rather Own a 5k square ft home and a G Wagon then a fucking trap house in the sun and a crusty S10 js ........Call me crazy people in LA are eating street tacos every night while everyone else is eating Prime rib and Steak lol

    • @QuadrantBottomHalf
      @QuadrantBottomHalf 6 лет назад

      Have fun climbing those three story house stairs when you're an old man. I live in a two story right now with my parents.

  • @donwald3436
    @donwald3436 6 лет назад +1

    for 600k in toronto you can buy 600sqft 1br in an old low rise.

  • @Timbrock1000
    @Timbrock1000 6 лет назад

    DENVER, COLORADO ISN'T FAR BEHIND. Here in Denver, real estate is red hot. I live in an older 1 bedroom, 1 bathroom condo with 731 SF. It's in a community called Cottonwood Villas. I bought it in 2005 for $60,400. Today, it's worth over $135,000....and rising.
    The condo under me, a garden level studio with no balcony or patio, and 100 SF snalker than mine went on the market last year on a Saturday, for $119,000, and sold the following Tuesday for $135,000 after 3 buyers had a bidding war. Now, 2 and 3 bedroom units in Cottonwood Villas are averaging $170,000 to $200,000. Another few years, mine will too. Google "Cottonwood Villas condos, Wrstminster". You'll see this area is nothing to brag about. But it is quiet, low crime, and safe for kids.

  • @luiscannon8808
    @luiscannon8808 7 лет назад +7

    If you want to live with all the arty farty bohemians you have to pay through the nose.

  • @LAVIN20
    @LAVIN20 6 лет назад +2

    Inland Empire means a 2 hour drive into work

    • @legalizebuckets594
      @legalizebuckets594 6 лет назад +1

      LAVIN20 Take metrolink, and you save like an hour and 30 minutes. Not a big deal. Plus you save on gas on your car

  • @sonyaboguslavsky9331
    @sonyaboguslavsky9331 5 лет назад

    2:10 "well it comes with air conditioning" lol

  • @PUNISHER786786
    @PUNISHER786786 6 лет назад

    In toronto 400k gets you a condo with 1 bedroom its super super expensive here

  • @irvingrodriguez3092
    @irvingrodriguez3092 6 лет назад +35

    If you looking for a cheap house near la try riverside ca

    • @disell94
      @disell94 6 лет назад +1

      Irving Rodriguez lived in La for two years moved back home to Maryland was trying to find somewhere in LA and me and my gf decided to buy a house in riverside wayyyy cheaper man!

    • @CONNERK2
      @CONNERK2 6 лет назад +16

      Irving Rodriguez SHHHH dont tell people that. Riverside is full of bad people dont move here wink wink ;).

    • @disell94
      @disell94 6 лет назад +1

      conner Kenneth your absolutely right 😂.

    • @irvingrodriguez3092
      @irvingrodriguez3092 6 лет назад +1

      Christopher Brewton ohhhhhhhhhhh right,um by the way I’m a gangster 😜

    • @afewgoodmen228
      @afewgoodmen228 6 лет назад +2

      New statistics from 2016 showed lots of “Hispanics” from LA area moved to Riverside (read it in the LA times). And I’m one of them. 323 to 951

  • @acock4215
    @acock4215 7 лет назад +7

    Hello Fox 11 Los Angeles. Know any good Real Estate agencies you could recommend me?

  • @MrHav1k
    @MrHav1k 6 лет назад +2

    When dumps like that shit in Anaheim are selling for full price, you definitely KNOW you're in full bubble territory and investors are going to lose their shirt once the market finally dips. Bullshit like that should never get bid up so high. Buying opportunity for the smart an patient.

  • @Xxxthesquidguyxxx
    @Xxxthesquidguyxxx 6 лет назад

    Here in Florida you could buy a four bed rooms two story house in a suburban neighborhood

  • @abelcerrillo2162
    @abelcerrillo2162 6 лет назад +5

    u can get a hell of a house in Mexico an still have left over money....California is not all that.. .

  • @e60stevan
    @e60stevan 6 лет назад +19

    Dis why you should rent

    • @erickespinoza9155
      @erickespinoza9155 6 лет назад +10

      HAHA SKRUB ZECREC Hell no rent is double than a mortgage but I do understand in the case for California people.

    • @Michael21812
      @Michael21812 6 лет назад +4

      ZecRec you’re nuts LA is outrageous

    • @rmfinance1781
      @rmfinance1781 6 лет назад

      Rent always increases. That's why it's always better to own.

    • @rmfinance1781
      @rmfinance1781 6 лет назад

      Jesse Caballero LMAO 😆😆😆

  • @DANLAROCA-dx9gk
    @DANLAROCA-dx9gk 6 лет назад

    In NYC ( Manhattan Brooklyn Queens Bronx Staten Island ) every home is close to and or over $1 million.

  • @sabereaseera1384
    @sabereaseera1384 6 лет назад +2

    450k in Utah gets you a 6 bedroom house with a 3 car garage on a 1 acre lot

  • @hogmango3560
    @hogmango3560 7 лет назад +4

    I have cure for this. FUCKING MOVE!!! Buy a house in Iowa or Oklahoma.

    • @blackworldtraveler3711
      @blackworldtraveler3711 6 лет назад

      Hogman Go
      Here in Tulsa you can get a home like that last one around $200k with two car garage in a nice neighborhood.

    • @jasminedaniels6672
      @jasminedaniels6672 6 лет назад

      Iowa and Oklahoma are shitholes 😂
      You guys have nothing to offer.
      No good jobs, nothing to do. Boring as hell! No thanks!!!

    • @blackworldtraveler3711
      @blackworldtraveler3711 6 лет назад +1

      Jasmine Daniels
      After watching these types of videos from California with so many issues and problems I actually consider that a compliment.

    • @jasminedaniels6672
      @jasminedaniels6672 6 лет назад

      BlackWorldTraveler your entire state is a shithole. Cali has a little bit of everything! Good luck 😂

    • @blackworldtraveler3711
      @blackworldtraveler3711 6 лет назад

      Jasmine Daniels
      Yeah. I lived there while at SkunkWorks then at NASA in Florida , now at American Airlines M&E in Tulsa even took a cut in pay to work there for the free lifetime global flight benefits. Also lived in Kaneohe Hawaii for two years house sitting. So I know how expensive places can be and common sense kicked in.
      No regrets.
      Go watch the video again,and the other related videos such as this about California.....especially the slums,homelessness,high expenses,traffic,bad streets, among other things. Good if you can deal with it all.
      Like I said you are giving complements. I can see the result of my decisions now and I'm just too relieved and thankful I decide not to live there.
      I have uncles there but they moved to California when everything was nice and affordable over 30 years ago.
      Not many can say they paid off a 30 year mortgage in 10 years in an upper middle class area or have an entire household expense including car /home insurance and personal property tax of under $1500 a month on $160k/yr. like I can. Not many can say that in S. California. Not any more.
      I'm fine. Financially independent,homes paid off,debt free,retiring early,etc..
      Notice I'm not frustrated and speaking profanities like you.
      If you like it there that's great.
      I'm located where I can hop to DFW and connect anywhere in the world first and business class with ease.
      I like Tulsa,Marco Island,Rome,and Lugano Switzerland so I have a places there. Result of living in cheaper nice place while making $160k a year. Life is too short.
      Been off work since beginning of October until January with and without pay.
      This is the lifestyle I prefer.
      And retiring before I'm 48.
      I actually thought those were Christmas lights on the news yesterday in California until I realized it was big fires.
      Happy holidays from Rarotonga,Cook Islands.

  • @chrisgarcia2000
    @chrisgarcia2000 6 лет назад +3

    You can get a mansion and shit tons of land with 400k in Texas lmao

    • @asrr62
      @asrr62 6 лет назад +1

      it gets you a tiny shack in east austin.

    • @chrisgarcia2000
      @chrisgarcia2000 6 лет назад

      QuadrantBottomHalf not even lmao

    • @Abel-Alvarez
      @Abel-Alvarez 6 лет назад

      But is it in a good part of Texas?

    • @chrisgarcia2000
      @chrisgarcia2000 6 лет назад

      abel alvarez yeah In crowley, TX. It’s in the country just 10 min from the city

    • @Abel-Alvarez
      @Abel-Alvarez 6 лет назад

      Chris Garcia lit. What kind of activities do people do in TX? Lowkey i wanna know xD

  • @vishalbose5612
    @vishalbose5612 5 лет назад

    What is the average carpet area of a 3 bedroom house in la

  • @candysmith8724
    @candysmith8724 6 лет назад

    That is ridiculous...the street looks like a commercial area...not residential. $400K get's you a new construction 3,000+ sq feet home in Texas. I wonder what the real estate commission going rate is in CA.....the Realtors look pritty happy with those high prices.

  • @wickedhouston5538
    @wickedhouston5538 8 лет назад +27

    california homes are small, old and ugly

    • @ericp1139
      @ericp1139 7 лет назад +3

      Those are only the $400K ones in cruddy neighborhoods. Where do you think the celebrities and billionaires live?

    • @mywallet7367
      @mywallet7367 7 лет назад +2

      Wicked Houston nah, valley homes are dope af. City homes are small, old and ugly.

    • @D0llbabyAngel
      @D0llbabyAngel 6 лет назад +1

      Yes they are ugly and I was born and raised here and I agree with you wicked, we use to have beautiful Victorian Homes back in the 1940s and then the rich tore them down to build ugly buildings and ugly houses that are all manufactured that's why they all look the same and are hideous.

    • @emma-sophiegecziova2098
      @emma-sophiegecziova2098 6 лет назад

      Wicked Houston at least a house not a tent

    • @CONNERK2
      @CONNERK2 6 лет назад

      Wicked Houston Most Socal folk dont care how our house looks we just enjoy the weather and surf and chill. Traffic is a pain though.

  • @stevegwizzle3560
    @stevegwizzle3560 6 лет назад +3

    I just got a crappy small home for 24k in Central FL, in a so so neighborhood. But, it was 24k which I paid cash and will be renting for $750/ month once I move out in a yr or so. Screw Cali, you guys are overpaying over there.

  • @JamesMyers230
    @JamesMyers230 6 лет назад

    Interesting concrete block fence at 1:28.

  • @deutscherritter344
    @deutscherritter344 6 лет назад +2

    that's no money compared to here in Delhi

  • @nikkaromero9388
    @nikkaromero9388 3 года назад +32

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    • @judysamaniego1606
      @judysamaniego1606 3 года назад

      6Mrs Lisa is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days

    • @judysamaniego1606
      @judysamaniego1606 3 года назад

      Her success story is everywhere

    • @Soniaganhi
      @Soniaganhi 3 года назад

      Seeking for her contact details👇

    • @Soniaganhi
      @Soniaganhi 3 года назад

      + 1 (5 0 5) 3 9 3 7 6 5 3🇱🇷

    • @Soniaganhi
      @Soniaganhi 3 года назад

      + 1 (5 0 5) 3 9 3 7 6 5 3🇱🇷

  • @ngsmith22
    @ngsmith22 6 лет назад

    That's LA for you my Tias house in east LA is smaller then those homes and and cost just about the same

  • @ripemm5737
    @ripemm5737 4 года назад

    Sold my $150.000 home in so cal for $750.000 ,moved to Texas bought a new & bigger home with land for $280.000 its all good now!

  • @benjaminlibertarianscorpio
    @benjaminlibertarianscorpio 2 месяца назад +2

    Mother in Law or Car? Sorry, Mother in Law.

  • @ButterySkater
    @ButterySkater 3 года назад +1

    i wish homes were still this cheap, i dont think you could buy these homes for 550k.

  • @yunggoth9713
    @yunggoth9713 6 лет назад

    In Miami fl those houses would sell for around 120-200k. Just some perspective :p

  • @JeffreyOsb
    @JeffreyOsb 6 лет назад

    Wait, Inland Empire is a place? I grew up in the bay area and had no idea it wasn't just the title of a movie.

  • @christovenchi644
    @christovenchi644 6 лет назад

    spent to much for those lawn. the lawn+Garden+backyard is 3/5 of the field and only 2/5 are for the house. should have build a bigger house and Smaller Lawn. In Indonesia Lawns are like only 0.5/5 of the house, with the result of cheap price .

  • @Oceanblu_404
    @Oceanblu_404 5 лет назад

    You can get you a luxury 4 or 5 bedroom house here in Ga for that price even cheaper then that.

  • @SEVEN-tw4nc
    @SEVEN-tw4nc 6 лет назад

    I was born and raised in California, and want to move out but I do not know were to start. Where should I move to in the US?

  • @purplepineapple117
    @purplepineapple117 6 лет назад +1

    That Anaheim house was a freaking steal. It's all about location those all the houses location were bad

  • @HowardSantiago-qn4kv
    @HowardSantiago-qn4kv 6 лет назад

    Glad i got my house when the market was crap in 2009. Picked up my home (in Lakewood) for 180k and its 2300 sqft of living and the land is 5500sqft

    • @lauropadilla1114
      @lauropadilla1114 6 лет назад

      Howard James it must be worth 3 times that amount today or more!

  • @quadgod8111
    @quadgod8111 6 лет назад

    and now everyone is leaving cali and houses are dropping like crazy

  • @nomadmindset
    @nomadmindset 10 месяцев назад +1

    Absolutely insane prices

  • @BreakEnglishFast
    @BreakEnglishFast 6 лет назад

    That’s robbery. HOA fees are also effin high. U have some money to burn, like 500K, you buy a small condo and pay 800 - 1200 per month for HOA. No thanks LA.

  • @phayzyre1052
    @phayzyre1052 6 лет назад +1

    $400K for a rinky-dink 1100 square feet of that!?? Fuck that shit! Hell, here in Florida $400K will buy you a 3000+ square foot house in a nice neighborhood and give you 3/4 acre or more of property. Now I have a better understanding of why not only people but businesses are leaving California in droves. Oh well, that's liberalism for you!

  • @DanielGarcia-zz9eg
    @DanielGarcia-zz9eg 6 лет назад

    Dam. In Texas that dump house is worth 65K.
    The house that was remodeled maybe about 140K
    And if you're going to spend four hundred thousand in Texas you get like a mansion or ranch

  • @crishernandez5828
    @crishernandez5828 6 лет назад

    My parents bought a house for 80 thousand dollars in arizona and they have fixed it up. Looks great and its as big as these houses.

    • @doabrad1850
      @doabrad1850 6 лет назад

      Fryzzle I love Arizona. I lived in Prescott Arizona for 10 years. Houses there are pretty awesome to.

  • @joysoyo2416
    @joysoyo2416 3 года назад

    The first is nice. I would have preferred buying before flipping. The garage is a 3rd bedroom lol.

  • @carlosvillegas6113
    @carlosvillegas6113 6 лет назад

    and this is 2016 we are in 2018 so to properties in the video are at least $100,000 more' today.

  • @ryanvason6818
    @ryanvason6818 6 лет назад

    You can got a 5 bedroom 3 bath house in the best suburbs for that in Cleveland

  • @rico2815
    @rico2815 4 года назад +1

    These Los Angeles homes are actually pretty big and cheap compared to homes in England lol

  • @73dustpan
    @73dustpan 6 лет назад

    Wow where I live for that price you can get a massive house and yard in a gated community for that kind of money.

  • @jerrymakela2186
    @jerrymakela2186 6 лет назад

    I paid 109.000 for a 944 square feet home that was built in 2010 out side St Louis Missouri,

  • @JeffKoga
    @JeffKoga 7 лет назад

    It's in a consolidation phase... people are on the fence. Watch out for professional biases but also under stand market cycle. Dow hit 20k... and real estate is on the rice. Last time? late 90's... then dow took a hit after the tech bubble popped... big money came flooding into real estate. History never repeats itself but it rhymes.

  • @lisasmith9311
    @lisasmith9311 6 лет назад

    I couldn't imagine having neighbors like that it would be horrible

  • @EdwardInTX
    @EdwardInTX 5 лет назад

    Here's what a $500k house looks like in Texas for comparison: ruclips.net/video/nbbuMTNcvlA/видео.html

  • @FrankkMedia
    @FrankkMedia 6 лет назад

    400k USD = 522k CAD which can only get you for the bedroom condo with 800 sq ft in Toronto. You guys have it good elsewhere

  • @deeaikens9843
    @deeaikens9843 6 лет назад

    I saw a post about this on Facebook. Yeah.... I’ll stay in South Carolina

  • @hientruong4074
    @hientruong4074 4 года назад

    I live in TX, and that house would cost around 40k tops, for 400k, you can have a big ass house, and some land on top of that.

  • @papercutz2633
    @papercutz2633 6 лет назад

    She answered that door quick lol

  • @Chinunit22
    @Chinunit22 6 лет назад

    No way, houses in Los Angeles go for same price as Denver dang