I often hear complaints about the real estate market and housing quality in Albany, NY in general. I recently had the pleasure of having lunch with a typical Chinese couple in Bejiing. The housing was state owned and the couple had reportedly lived there for over 25 years and raised a son in the home. The property was probably 500 s.f. at most, had one bedroom, and no bathroom. Think you have it bad? Try China! The following photos are of me and the couple as well as their accomodations. Bottomline- in 17 years in real estate I have never ever sold anything even remotely close to the low quality of living in China! Yeah I know China is an emerging third world country and of course their standard of living is lower. However, If you listen to tenants or first time home buyers in Albany many make it sound like they are buying third world housing! Not true! Check the photos! Be thankful you live in the USA! No I am not a giant! I am 5' 9". I left the photos full size to provide more detail. The meal at this home was probably one of the best I had in China. Chopsticks still took me a while!
If you have any questions please do not hesitate to contact me. Thank You!
Sincerely,
Kevin Clancy
518-861-7016
kevin@clancyrealestate.com
http://www.clancyrealestate.com
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Did you enquire as to the market value of the property pictured? Just wondering.
Unfortunately these don't really transfer since they are state owned. However, it speaking with a resident of Bejiing as well as checking out local real estate listings prices appeared to be very similar to the Albany NY real estate market which has a median home price of about $200,000.