[SeekAndFind]

RE; Here Are The Cities Where Middle-Class Homebuyers Are Screwed

So, why do people insist on living there? What's the attraction?

[Clintonfatigued]

Are there any places where they’re not?

[Safetgiver]

As an example, Reading, Pa ha older people who paid off homes and are now paying more for property, school and percapita taxes than what their mortgages were. Conditions are right there with Camden, NJ. “Why not get out of here?” This is HOME. Maybe 30 years ago, no more. My girlfriend is the same exact way. I want to leave this shithole PA but she won’t go.

[sagar]

Nobody is forcing you to live in the failed cities and States.

[MeshugeMikey]

The median price of homes currently listed in Marin County is $939,000

Id leave but my daughter and grandson wouldnt care much for that.

[Salvavida]

With technology the way it is, I'm surprised more people are not discovering small towns, buying a huge Victorian-style home (instead of the cardboard boxes being built today), and moving their business there (plenty of great workers).

125K buys you a Civil War-era house, already restored, and right in front of main street and the railroad tracks, in sleepy town in NC. It's a registered landmark.

[Tzimisce]

It’s called “Marxism”.

Marx HATED the middle class. He wanted to insure that middle classers couldn’t own property.

You notice that all the states where the middle class are most screwed are blue states?

And the middle class Marxists keep voting for it.

If I was a liberal Democrat, I’d be laughing and crapping on everyone too. :)

[HangnJudge]

[faithhopecharity]

cause of super high prices... is mostly Chinese (and some other) buying, many all-cash bids and many directly from China (some moving to USA, some not — just putting some of their money outside their local communists’ reach)

demand is not limited to local “American workers”
indeed, in many (mostly higher priced) neighborhoods, demand is almost entirely foreign buying

the more demand, from whatever sources, the higher the prices are pushed up

simple Econ 101

[Dagnabitt]

On my block:

2 bed, 1 bath, 960 sq ft Single-Family Home, 2355 sq ft lot.

Sold last week for $975,000

Insane.

[SamAdams76]

I wish I could see a conspiracy here but as the real estate maxim goes, location, location, location.

Though it might tweak some here to hear it, the fact remains that the cities of the Northeast and the coastal areas of California are the most desirable places to live in terms of quality of life, climate, career opportunities, access to education and medical facilities, top restaurants, myriad entertainment options, etc. etc.

To live in those areas, you are going to pay top dollar. Unless you want to live in some run-down slum. Of course if you are educated and have a good work ethic, you will have no problem at all earning a six-figure income in those areas and enjoying all the amenities that those areas have to offer.

Now there's nothing wrong with living in "more affordable" areas of the country. But by and large, you are going to be stuck with relatively limited career options. So if making $32k is okay by you and you are fine with eating at Applebees, shopping at Wal-Mart and going to see trucks race in the mud on a Saturday night (because that's the only entertainment available), than you can be happy in those areas and you can find yourself a decent $80,000 house to live in.

I know that saying that can come across as somewhat crass but wanted to make my point.

I know that many here hate the Northeast and coastal California because of the way most people there vote and that they wish those places would fall into the ocean. However, they are the most desirable places to live in the country and a good 40-45 percent of the people living there are conservatives or at least lean that way. They are not all bad people.

[workerbee]

Wow — Flint & Saginaw have cheaper housing than LA and San Fran? There’s a shocker.

[blueplum]

California has something for everyone - deserts, prairies, mountains, beaches, rivers, farms, forests, lakes - and pot...suburban and urban. We’ve got rodeos, nascar, state fairs that can’t be beat, pro sports, fine arts, more waitresses than you can shake a stick at, gangs and drive-bys and cattle and horsethieves and burglaries, too, and a heavy homeless problem, but hey, it never snows in SoCal ! From Apple Hill orchards to Weed, Calif, to the home of California Chrome at Harris Ranch, there’s still plenty of room to breathe, a heck of a population to sell product to, and we can only be invaded by 3 directions, of which 2 are relatively friendly.

I encourage more Tea Republicans to move to California and take over the political scene with sheer numbers - like the Left loves to do now demographically - and axe the taxes like winter’s firewood.

So after Texas and Arizona fill up, come on over to California and help us turn the state back into a republican stronghold!