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Old 10-21-2012, 01:27 AM
 
Location: San Diego
774 posts, read 1,778,712 times
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How come houses are cheaper in Coastal Florida than in the relatively sparsely populated small-town Oregon?
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Old 10-21-2012, 01:56 AM
 
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More crime in coastal Florida.
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Old 10-21-2012, 03:39 AM
 
Location: San Diego
774 posts, read 1,778,712 times
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I would think that sparsely populated places like Oregon would have very cheap land and therefore cheap housing.

In my opinion crime should have only an indirect effect on the housing prices:

High crime -> people don't want to live there -> sparsely populated -> cheap land -> cheap houses
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Old 10-21-2012, 12:47 PM
 
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How is Oregon "sparsely populated"? It has almost 4 million people total, basically right in the middle of the list in terms of total populations in the US. Sparsely populated is.. Idaho, Montana... maybe even Vermont. It's just not very dense.

The bigger question is... how much of Oregon's land is habitable? That would factor in the prices.
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Old 10-21-2012, 02:12 PM
 
Location: San Diego
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Oregon's population density is 9 times smaller than Florida's. The contrast is obvious when you look at the census map where each dot is 25,000 people (or some other fixed number).
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Old 10-21-2012, 02:22 PM
 
Location: East Coast of the United States
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Florida's GDP per capita is lower than that of Oregon. There seems to be a correlation between GDP per capita and cost of living although I don't know if it's a strong correlation.
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Old 10-21-2012, 03:35 PM
 
Location: San Diego
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Lots of retirees in Florida, who don't contribute to the GDP.

After thinking about this for a while, the best explanation I could come up with was that the cost of A/C in Florida greatly exceeds the cost of heating in Oregon. So even if you own your house in Florida, you still pay "rent" to the environment that's much greater than that in Oregon. This makes owning a house in Florida less valuable. Perhaps property taxes are different as well.
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Old 10-21-2012, 04:01 PM
 
2,076 posts, read 3,662,572 times
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Quote:
Originally Posted by max.b View Post
How come houses are cheaper in Coastal Florida than in the relatively sparsely populated small-town Oregon?
Are they really? I doubt tbh. Maybe coastal Oregon is more expensive than coastal Florida.... MAYBE. But definitely not coastal Florida to a small town somewhere in Oregon.
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Old 10-21-2012, 04:07 PM
 
Location: Miami/ Washington DC
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Umm can we see some sources for this? Homes on the beach in Miami are in excess of 10-12 million dollars and more. On the bay the cheapest homes will be around 1.5 million at the lowest price.

Another thing is Florida has A LOT more coastline than Oregon and many many more homes on the coast than Oregon.

Now you said coastal Florida somewhat is considered coastal? Is all of Miami coastal being that it is only about 15 miles wide. Or are only homes directly on the coast coastal? Lots and lots of questions need to be answered before making the statement in the title of the thread.
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Old 10-21-2012, 04:21 PM
 
Location: San Diego
774 posts, read 1,778,712 times
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Quote:
Originally Posted by PosterExtraordinaire View Post
Are they really? I doubt tbh. Maybe coastal Oregon is more expensive than coastal Florida.... MAYBE. But definitely not coastal Florida to a small town somewhere in Oregon.
I'm not talking about Miami or Portland. Small towns in both.

A 15 year old was in the news recently because she bought two houses on the gulf coast of Florida (good neighborhood, I believe) for $12k and $18k. The first house needed $15k in renovations and was later rented. She plans to rent the second house for $800/mo.

Willow Tufano, Florida Teen, Buys Second Home

Where can I buy a livable/rentable 2-3 bedroom in Oregon for $30k that's not a mobile home or totally off-the-grid (no utilities, mail, Internet) ?
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