Water bills?
But if it makes you feel any happier, house prices in nz are a lot dearer again...
I live in a smallish well beat up 100 year old wooden house that would cost over US 1 million to buy at the current prices
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Yup, water bills. Lot more than in NZ... currently we pay US $299 per quarter, and that's "cheaper" because we're not inside the city limits where there's also a sewage fee.
The thing that mostly makes me shake my head over housing is that the pile of wood, concrete, wires and pipes needed to build these houses amounts to a tiny fraction of what they are supposedly "worth." So we're basically paying for "air," and evidently willingly so.