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Mapped: Home Price-to-Income Ratio By State
Visual Capitalist ^ | 11/20/2024 | Kayla Zhu

Posted on 11/20/2024 9:07:02 PM PST by SeekAndFind

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To: BBB333

No, things are not more expensive then I state. The typical house is running between $300-330 / sqft and that’s stabilized since about late 2023. I literally check it daily. It’s an average. As employers pull their employees back into the hard offices the demand will drop. But the people who bought homes in the last four years will likely keep them; the rental market will just open up.

As far as “lots of high tech employers” that’s cute, but hilarious. Gianforte’s old company is a decent size but compared to the Santa Clara valley it’s lost in the haze. There are hundreds of companies like that here. BZN has one.


41 posted on 11/21/2024 7:24:46 AM PST by Regulator (It's fraud, Jim)
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To: Regulator

I worked for that company and Steve Daines was my last VP.

We have ALOT of tech here for a town of 50,000 vs your 2,000,000 population in the M-A area.

Your are the joker in this situation and THAT’s hilarious!


42 posted on 11/21/2024 7:34:32 AM PST by BBB333 (The Power Of Trump Compels You!)
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To: Carry_Okie

All the rich leftists moving there to devour it like locusts.


43 posted on 11/21/2024 7:36:46 AM PST by DouglasKC
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To: HereInTheHeartland
Sounds like coastal elite snobbery.

It does, sorry. I am just going off of the relentless increase in prices in the coastal regions, stories of crime and decline in quality of life notwithstanding. I don't disagree that people want to move to the conservative parts, but clearly, the home prices in the bluest regions keep going up, and have done so for more than a decade. Witness Seattle, Portland, Denver, and Boston.

44 posted on 11/21/2024 7:43:25 AM PST by nwrep
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To: Carry_Okie

Mining is cyclical with price as you know.

Butte still has mining, just not nearly as much as 50 years ago. Helena virtually none now. It’s just a government town.

https://westernmininghistory.com/towns/montana/helena/

https://www.mininghistoryassociation.org/ButteHistory.htm

Most of the old Union stalwart crap in MT came from Butte and Helena, and that’s where Tester and his ilk got their support. But the population that elected them literally died off or left. The newspapers there still use ‘60s unionist language, it’s comical to read. Like being in a time warp.

That’s why Sheehy was elected; Tester was literally a relic. The “new Democrats” are purple haired college students at MSU. They have nothing in common with old line Studs Terkel type miners union guys working the copper pits.


45 posted on 11/21/2024 7:44:09 AM PST by Regulator (It's fraud, Jim)
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To: Beowulf9

5.7 would mean the average house costs 5.7x the average annual income.


46 posted on 11/21/2024 7:44:41 AM PST by CraigEsq (,)
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To: BBB333

I’m happy you had a nice indoors job in Bozeman. Last job my father had in Bozeman was working as a cowhand for Malcolm Story. And my grandmother worked at the Jumping Horse and the 320. You drive by her house every time you go to the park. Bozeman had all of 5000 people then. Outdoor work was pretty much all there was.

Most of my relatives and close friends there have had to sell off their ranch lands to keep themselves afloat. Too old to change industries, and Angus cattle are not profitable unless you have like 30,000 acres. So they sell and move into town, or leave. Arizona is a popular destination and has been for a century. Don’t have to shovel sunshine as they say.

As for the per capita number of software employees between Bozeman and the Silicon valley, think it’s pretty lopsided in favor of the valley. But you go on dreamin’ your dream...it’s not a big deal. Think it’s better for Bozeman in the long run if it does become Silicon Mountain. But one thing about Californians moving there to do that...they last about 2 winters and then they start talking about moving South. Like St. George! Or...Or...Vegas!

Famous last words: “Didn’t know it got so cold here!”


47 posted on 11/21/2024 7:59:38 AM PST by Regulator (It's fraud, Jim)
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To: Regulator
Thanks, I'm sill remembering a Rocky & Bullwinkle cartoon in which those loons, Jay Ward and Bill Scott had a series of false fronts of Washington DC disguised as Butte, Montana, disguised as Washington DC disguised as Butte, Montana.

I guess you had to be there.

48 posted on 11/21/2024 8:18:36 AM PST by Carry_Okie (The tree of liberty needs a rope.)
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To: nwrep

I get that ; yes Florida and Texas are growing.
But we are here in Iowa as well.
We are of course way smaller , thankfully .

The Des Moines metro is seeing a lot of people moving in from other places .


49 posted on 11/21/2024 8:26:51 AM PST by HereInTheHeartland (Have you seen Joe Biden's picture on a milk carton?)
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To: alexander_busek

No.
Sorry about the misspelling, my spell checker failed there.
I’m closer to Honokaa.
I sold my place in WA state, which was paid for and the profit from that sale got me 5 acres and a home with an ocean view here in Hawaii, although I’m 1,000 feet above sea level. Since the big island is subject to nearly every natural disaster known to man I researched my home choice carefully.
Aloha.


50 posted on 11/21/2024 8:37:19 AM PST by rellic (no such thing as a moderate Moslem or Democrat )
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To: Carry_Okie

Everything we needed to know we learned on Saturday morning watching Bugs, Rocky and of course, Roadrunner and Wile E. Coyote!


51 posted on 11/21/2024 8:37:53 AM PST by Regulator (It's fraud, Jim)
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To: BBB333

I didn’t take Red Lodge as an example of real Montana but with just over a million in state population all those rich out of towners can really skew real estate.
I can’t say I’ve spent much time in White Sulpher Springs but I did enjoy The Greenbrier when I was there. It’s a stunningly beautiful area.


52 posted on 11/21/2024 9:18:37 AM PST by Varda
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