Posted on 10/18/2024 7:37:28 AM PDT by SeekAndFind
The affordable places are terrible places.
But, actually, the unaffordable places are also terrible places.
Cities are just a bad idea at this point.
Or, divide that median price by 5 to get the 20% down you would want for a 15 or 30 year fixed.
Do keep in mind that politicos are copying the Aussie practice: enact laws that spike ownership and then buy properties (perhaps burned out by AntifaBLM rioters?) and rent them out.
Completely unmentioned in Campaign 2024: someone has to fix our screwed up cities.
That’s insane. How does someone making $76k get a loan for $953k? And pay taxes?
“The affordable places are terrible places. But, actually, the unaffordable places are also terrible places. Cities are just a bad idea at this point.”
I noticed the same. Much more important would be the cost of housing when you’re in a built-up area, but outside of the DEI Zone.
Back in the day, young couples purchased fixer-uppers as first homes.
Nowadays you can’t do that because those fixer-uppers are located in high crime areas.
If cities were fixed, there would be no purpose for democrat politicians. They exist to talk about fixing cities and to complain about Republicans not doing anything.
Once again I’m reminded why I live in rural fly over country.
Not all affordable cities are bad.
Indianapolis or Omaha and some other places i do not personally know, seem OK. The Midwestern cities are just kind of boring. Flat and far to the Oceans. The industry left for China, there is just nothing much to do.
That why their housing is kind of depressed.
I’ve heard one good thing about Indianapolis vs endless streams of bad things.
Yes - nothing suprises me on these. I’d like to see rural vs city by state.
Enjoy, east and west coast liberal home-buyers.
Did a recent business trip to Oklahoma City and found the place delightful. Fort Wayne is not on the list, but the little I have seen of it was nice. Virginia Beach has a lot of retired Navy and seemed very nice to me.
I don’t believe that the median income in New York is only $74,694. I think it is closer to 150,000.
“The affordable places are terrible places.
But, actually, the unaffordable places are also terrible places.”
Sorta. I live in California, and it’s certainly a lot worse than it used to be. And leftism has caused huge problems with drugs, homelessness, businesses leaving, etc. etc. NEVERTHELESS, despite the foregoing, take a walk around some of the nicer neighborhoods of San Francisco or San Diego on a sunny day in February... and then hop on a plane the next day and stroll around Detroit or Cleveland... and it’ll be pretty obvious why some cities are at the top of the list and others are at the bottom.
RE: I don’t believe that the median income in New York is only $74,694. I think it is closer to 150,000.
Are you looking at the ENTIRE state of New York? Or just NYC and suburbs?
Bingo! Democrat policies are a hard sell for happy, prosperous people.
This article is about the city.
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