The average monthly American rent is about 1400 dollars so if we take that and multiple it by 12 and then by 6 we get 100600 dollars which is about half the average cost of an American house, however if he moved from a more average American city to a suburb or small town in a cheaper state anything from 50k-150k could be seen depending on the size and quality of the interior.
Wow. I pay 800€ for a flat around 600sqft, excluding heating, electricity, water, internet and all interiors, which I had to bring myself.
If I want to buy a small house with almost no garden in or around Hamburg that is not a piece of total garbage and less than 100 years old, it'll be 500.000€.
After six years I wouldn't have enough to pay the contract to be set up, lol.
Difference in property values between the US and Germany, I suppose. And it depends on where this person lives. In a lot of areas in the US, you can get a pretty good sized house for around $200,000.
If I want to buy a small house with almost no garden in or around Hamburg that is not a piece of total garbage and less than 100 years old, it'll be 500.000€.
After six years I wouldn't have enough to pay the contract to be set up, lol.