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Old 02-14-2016, 08:02 PM
 
4,369 posts, read 3,732,490 times
Reputation: 2479

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Quote:
Originally Posted by GeoffD View Post
How about the high growth areas of the country? Denver? Salt Lake? Charlotte? Raleigh-Durham? The non-trailer trash parts of Florida? New York City? Boston? DC?
I'll concede DC only because of the government jobs. Boston falls under NY (which I mentioned) since they're close together (somewhat). Miami has a weak economy only supported by tourism.
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Old 02-14-2016, 08:05 PM
 
Location: SoCal
20,160 posts, read 12,793,463 times
Reputation: 16993
Quote:
Originally Posted by freemkt View Post
How come I never ever ever see people making a connection between illegal immigration and the rent is too damn high? All the political angst over illegals and nobody is connecting them to astronomical rents?

To date I have seen exactly one other person - an investment blogger - make the connection.
Because it's not political correct.
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Old 02-14-2016, 08:06 PM
 
4,369 posts, read 3,732,490 times
Reputation: 2479
Quote:
Originally Posted by NewbieHere View Post
Because it's not political correct.
Arizona isn't expensive.
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Old 02-14-2016, 08:22 PM
 
24,569 posts, read 18,332,405 times
Reputation: 40276
Quote:
Originally Posted by Perma Bear View Post
I'll concede DC only because of the government jobs. Boston falls under NY (which I mentioned) since they're close together (somewhat). Miami has a weak economy only supported by tourism.
It's confirmed. You don't get out much.
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Old 02-14-2016, 08:57 PM
 
33,016 posts, read 27,505,349 times
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Quote:
Originally Posted by NewbieHere View Post
Because it's not political correct.

Most conservatives are not constrained by notions of political correctness, yet nary a peep from them.
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Old 02-14-2016, 09:22 PM
 
Location: London
12,275 posts, read 7,157,036 times
Reputation: 13661
Quote:
Originally Posted by Hschlick84 View Post
Where I live in Denver metro area, median home prices is $320k. I don't think I'll ever own a home with what they're building out here. Everything is priced high, they only build luxury homes and only upper middle class people can afford them. Can't wait to move out of this state.

Denver Metro CO Home Prices & Home Values | Zillow
Quote:
Originally Posted by J.Thomas View Post
OMG

This is really expensive.

I did not know that
LOL I'm amazed at how cheap that is...I'm jealous. Median home price here (iirc) is $1.2 million.
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Old 02-14-2016, 09:32 PM
 
935 posts, read 3,452,722 times
Reputation: 996
Quote:
Originally Posted by Perma Bear View Post
I've been to the Central Valley. I've seen the condition of America's heartland.
You've been to the whole central valley have you? And you did what when you were there? Were you here for a detailed economic and demographic analysis of the area or were you driving through part of a state in the heartland and saw a closed factory?
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Old 02-14-2016, 10:03 PM
 
28,115 posts, read 63,749,983 times
Reputation: 23268
Quote:
Originally Posted by freemkt View Post


How many people had $10,000 in 1940?
The folks I that sold my home paid $2800 for it in 1936... it sold new for $2850 in 1922

In 1995 I paid $100,000
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Old 02-14-2016, 10:07 PM
 
28,115 posts, read 63,749,983 times
Reputation: 23268
Quote:
Originally Posted by Perma Bear View Post
Moving from the Bay Area to Alabama/The Midwest is not the same as coming to the US on the Mayflower.
Funny you should mention this.

I lady I worked with 26 years retired and they sold their mobile home in the SF Bay Area and were able to buy a 10 year old brick home in Alabama on 2+ acres with a shop and pool...

It will soon be 2 years... while she likes the house... she is desperate to come back to the Bay Area... her husband has family in Alabama and has settled in... I don't how she can come back... the mobile home they sold two years ago is a lot more expensive today... she is 58 and having a hard time finding work and has been told she had a California accent.

Last edited by Ultrarunner; 02-14-2016 at 11:14 PM..
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Old 02-14-2016, 10:57 PM
 
Location: SoCal
20,160 posts, read 12,793,463 times
Reputation: 16993
Quote:
Originally Posted by freemkt View Post
Most conservatives are not constrained by notions of political correctness, yet nary a peep from them.
Well they want the cheap labor.
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