I'm seriously thinking of buying a house in Florida or Cali after browsing at what's available. $200,000 would buy me a new mansion pretty much. Plus I wouldn't have to deal with the winters here (Canada, -50 C right now).
I wouldn't be able to buy a half decent house where I live for $200,000. I would have to buy a renovated 1, maybe 2 bedroom apartment. And I supposivly live in one of the cheapest places in Canada. Even making almost $30/hour as a welder along with my girlfriend making $25 as a nurse we can't afford jack squat here. I could jump into the oil boom here but then I would be away from home 3/4 of the year. Screw it I'm looking for work in Florida.