Quote:
Originally Posted by speakingtohe
Housing is so cheap in the US compared to Canada (low end housing anyway)
I couldn't buy the garage where I live for that price.
Speaking from experience, you can't go wrong buying property if you can afford the mortgage payments. And mortgage payments are tax deductible?
Helen
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They are. It is just crazy. Rents here are 2-3 times a mortgage. If you want something with any historical character in a nice part of the city, though, it would be 250,000 at least. Places in proximity to the French Quarter, Audubon Park, and City Park, for example. However, that second one, the single? It has trees, good ones, on that block and is, actually, not a bad neighborhood. Remember, there is a higher likelihood of bullets coming through your house in New Orleans than in Canada.
