[eleni121]

less than 700 sq feet of living space for over 1/2 milion dollars

Manchester UK area

538,330.09 dollars for this

[SomeReasonableDude]

Yeah, America's housing market doesn't include ridiculously overpriced, crummy real estate. Ha!

Freepers: More concerned with getting a dig in on the other guy than worrying about real problems America faces.

Sad.

[Steve_Seattle]

The price of that house in Manchester seems comparable to a similar house in the Seattle area. It looks like a very nice, upper-middle-class house with a big lot, and you could easily pay $538,000 or more for a similar house here. I’m not sure why the author points to the soaring cost of housing as a good thing; if it is, it’s only good for those who already have a house.

[RooRoobird20]

WOW! 700 square feet is the size of a small apartment.

We own a 2,000k sf home with a good sized yard, upscale kitchen and two baths (granite counters, gourmet appliances, blah, blah). Current market value is between $400k ande $350k.

$538,000 will buy what’s considered a luxury home in most areas of Phoenix AZ.

[cpdiii]

Britain is self sufficient in oil and gas from the North Sea. This has a dramatic effect on the GDP as compared to the United States that imports over 50% of its oil.

If the measure is GDP they are equal or ahead. I have lived there and like the place. However, the average worker in the United States does have a better quality of life. The house I lived in (I wish I still had it) recently sold for over 700,000 dollars. That same house where I live in Texas would sell for about 150,000.