In a bid to help the millions of young people who want to buy a home, the NBA has been offering a lottery prize of up to $50,000 for anyone who can prove they’re willing to move to the US.
“We have reached out to the NBA, and they have provided a lottery number that is more than $50k,” says Josh Green, who is selling the property at 821 W 6th St, New York, in the hopes that he can make it happen.
The property is located in New York’s Greenwich Village, where the US has the highest median household income of any major city in the world, according to the Census Bureau.
Mr Green, 30, says he wants to buy the property, which is owned by his parents and is worth $400,000.
But first, he has to find a new home.
“I’ve been doing my homework and I have a couple of really good friends that live in the area,” he says.
“So I’m going to get them together and get a big house for them to live in.”
“I think that would be perfect.”
Mr Green says he is a first-time home buyer, and has only just started looking at properties in the neighbourhood, after he heard the NBA was offering the prize.
“It’s the best money I’ve ever spent on anything, period,” he said.
“And that’s just from being able to play basketball.”
The NBA lottery is a contest between teams of players, who are given points for making a play or winning a game, based on their record.
The winning team is then awarded $50 million.
In addition to the prize, players get an extra $500,000 if they win more than 20 games in a season.
The teams have three to six weeks to make their picks before the deadline of 11:59pm ET on February 24.
But the most expensive lottery ticket in history was sold to a billionaire in January, when the Los Angeles Lakers offered a $500m prize.
The prize was awarded to the winner of the lottery, who was then able to sell the ticket for $1.2bn.
The price was the highest ever paid in a lottery, but it still put the prize on a par with the $10bn that Michael Jordan was able to pay to win the NBA championship in 1995.
“The lottery ticket was sold for $2bn to a guy in New Jersey,” Mr Green said.
However, he is not buying the lottery ticket.
Instead, he says he’s selling the house for $40,000, because he wants the property to be a “mansion”.
He also says that the prize is a “pretty good incentive” to help young people to find homes.
“People are buying houses and houses are becoming more expensive.
People are buying homes because they’re afraid of losing their homes,” he explains.
“That’s a great thing to do.”
Mr Greenberg is looking to build a $50m home in the suburb of Greenwich, New Jersey.
He is not alone.
According to the National Association of Realtors, sales of houses in the US have been rising steadily over the past five years.
The real estate agent said that the US was currently seeing an average of more than 400,000 home sales a day.
Advertisement The median home price in the city of Los Angeles, California is $1m.
In the New York area, it is $4.5m.
The median household in New Hampshire is $58,700.
The average price in Connecticut is $872,000 – the highest in the country.
Mr Greenberg’s house in New England is in an area that is known for its strong housing market, and is considered to be one of the most desirable places in the state.
Mr Greens dream of becoming a real estate developer, and said he had an eye on buying a home in Manhattan.
“If you are really into building a real-estate business, you could easily afford to buy an apartment in the East Village or West Village,” he told the New Jersey Advance Media.
“When you have $500k, you would be willing to pay a lot for an apartment.”
But Mr Greenberg has yet to see the offer made, and the property will remain in his parents’ name until they move.
“This is all going to be my dream house,” he concluded.
“There’s no reason to live here.”
The lottery can also be used to help those in need.
The National Association for Missing and Exploited Children (NAMI) said it would help find children with severe mental illness.
The National Basketball Association”
In the wake of the horrific mass shooting in Las Vegas, we urge states to strengthen protections and access to emergency housing, which includes access to the internet and phone service, for those children who are homeless.”
The National Basketball Association