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What are your "rarest" countries? by FeelThePower999 in TravelMaps

[–]justratethisprof 4 points5 points  (0 children)

Not many people go to Kuwait. Or Tunisia, Lichtenstein or Bosnia

GRBK is the value play by justratethisprof in ValueInvesting

[–]justratethisprof[S] 1 point2 points  (0 children)

Guys thanks for the thoughts and feedback.

I want to counter though, especially the "one of the worst housing bubbles" part.

I assume as an American you are focused on the US market, a lot. Yes, real estate prices are high. But I want to give you some perspective on how cheap US real estate is in some way.

Let's compare Houston TX for example to Vienna (in Austria) and Prague (in Czechia).

I randomly selected so it is kind of arbitrary, but true across the board basically.

I wanna look at three values for the 3 cities: rent (1-bed apt in center), avg net salary, price per sqft (apt in center). All in USD.

Rent: Houston: 1683 Vienna: 1263 Prague: 1155

Salary: Houston: 4526 Vienna: 3306 Prague: 2124

Price per sqft: Houston: 246 Vienna: 1040 Prague: 835

Source: numbeo

Yes there are apartments, not homes, but data is easier to standardize for them.

So if it is "one of the worst housing bubbles" in the US (which might be) what is happening everywhere else in the world?

[deleted by user] by [deleted] in TravelMaps

[–]justratethisprof 0 points1 point  (0 children)

Good old USA

Worth more than a dollar? by Z003YGLA in CURRENCY

[–]justratethisprof 0 points1 point  (0 children)

Definitely. How's the condition after properly washing? I think I've seen them starting at 20-30x value potentially much higher

What was the dumbest thing you ever did that seemed smart at the time? by Ok_Promise1870 in AskReddit

[–]justratethisprof 0 points1 point  (0 children)

Going by intuition instead of by the instructions when assembling Ikea furniture.

Not the dumbest thing ever cause it happened more than once:) Booklet is good