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Old 07-14-2016, 07:55 PM
 
1,706 posts, read 1,369,087 times
Reputation: 1753

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Quote:
Originally Posted by intheclouds1 View Post
How is listing the cities I did me being in a bubble? Also, I don't remember even bringing up the research triangle but okay? As for the other large metro in you state:

Average studio apartment in Charlotte, NC-SC MSA: $653
Average 1bedroom - 745
Median home price. $169,000

You don't think these numbers are cheap when compared to other major US cities?
Dude, anyone that thinks that's even somewhat expensive is out of their mind.

You can't even get a room in someone's basement around here for $600 or $700.
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Old 07-14-2016, 07:59 PM
 
56,687 posts, read 80,995,527 times
Reputation: 12530
Quote:
Originally Posted by TarHeelNick View Post
This is a perception that to be frank...is very irritating.

Those cities are "cheap" by your Boston standards.....it doesn't mean that every metro in the south is super affordable.

The Research Triangle area of NC used be considered "cheap" and still is when compared to the coastal cities of the Northeast.....but with so many people from the suburbs of New York, DC, and Boston getting glimmers in their eye over how new and shiny everything is here and how their money goes further for housing...the COL has gone up pretty significantly over the past 15 years.


Get out of your bubble.
This thread kind of illustrates this as well: Various Metropolitan Division (M.D.) or Metropolitan Statistical Area (MSA) Average Monthly Apartment Rental Rates
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Old 07-14-2016, 08:52 PM
 
Location: Denver
14,151 posts, read 19,778,608 times
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New Orleans real estate has skyrocketed. Buying a home under $300k and you will be hearing gunshots or be in a leaky old shotgun house.
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Old 07-14-2016, 09:19 PM
 
11,456 posts, read 6,599,033 times
Reputation: 6091
Well I think people not from NYC would be surprised that even the "bad" areas are super expensive relatively speaking
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Old 07-14-2016, 10:35 PM
 
7,728 posts, read 4,578,077 times
Reputation: 8438
Quote:
Originally Posted by NOVA_guy View Post
Dude, anyone that thinks that's even somewhat expensive is out of their mind.

You can't even get a room in someone's basement around here for $600 or $700.
Not all MSA's are created equal. There are some where housing prices are 2-3 times higher in the core city. I believe Charlotte is one of those. Pittsburgh is another. When we're discussing housing prices, we really should be discussing cities.
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Old 07-15-2016, 07:18 AM
 
Location: Clemson, SC by way of Tyler,TX
4,857 posts, read 2,993,379 times
Reputation: 3399
Quote:
Originally Posted by NOVA_guy View Post
Dude, anyone that thinks that's even somewhat expensive is out of their mind.

You can't even get a room in someone's basement around here for $600 or $700.
I'd hate to see what 170k buys you in NOVA.
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Old 07-15-2016, 09:15 AM
 
Location: Oklahoma City
746 posts, read 721,928 times
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When I was looking to move to downtown OKC last year (out on my own for the first time, after college), I was surprised at how expensive it is. The cheapest 1 bedroom apartment I could find was around $1,100/mo. There are condos in downtown listed at around $600k and up, and million dollar condos at the top of one the towers; the penthouse sold for, I believe, around $3.5 million. I would've never expected to see those prices in OKC.
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Old 07-15-2016, 09:17 AM
 
Location: The Windy City
5,300 posts, read 3,310,681 times
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Quote:
Originally Posted by intheclouds1 View Post
How so.
Dallas? Cheap
Houston? Cheap
Atlanta? Cheap
Charlotte? Cheap
Nashville? Cheap
Jacksonville? Cheap
Oklahoma City? Cheap
Louisville? Cheap
San Antonio? Cheap
You're so wrong about Dallas. It may be cheap compared to New England standards. But as someone who has lived in NC, IA, and MO, Dallas is the most expensive place I've ever lived in the US.

My rent in DFW is double what it was in Iowa.

Quote:
Originally Posted by TarHeelNick View Post
This is a perception that to be frank...is very irritating.

Those cities are "cheap" by your Boston standards.....it doesn't mean that every metro in the south is super affordable.

The Research Triangle area of NC used be considered "cheap" and still is when compared to the coastal cities of the Northeast.....but with so many people from the suburbs of New York, DC, and Boston getting glimmers in their eye over how new and shiny everything is here and how their money goes further for housing...the COL has gone up pretty significantly over the past 15 years.


Get out of your bubble.
Yep. I have friends back in Raleigh. Most of them pay over $1000/mo for a simple 1br apartment. Certainly not NYC prices, but definitely not "cheap".
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Old 07-15-2016, 09:23 AM
 
Location: Work in NYC - Live in Philly - Transplant from Miami
2,304 posts, read 2,198,422 times
Reputation: 2599
Quote:
Originally Posted by intheclouds1 View Post
How is listing the cities I did me being in a bubble? Also, I don't remember even bringing up the research triangle but okay? As for the other large metro in you state:

Average studio apartment in Charlotte, NC-SC MSA: $653
Average 1bedroom - 745
Median home price. $169,000

You don't think these numbers are cheap when compared to other major US cities?
My uncle lives in Spartanburg, SC. He rented his house for $1,300/mo.
My studio back then in Miami was $1,400/mo.
And now in Philly my 1 BR apartment is $1,350/mo.
If only I can get a house with that amount of money. That will be awesome.
But for a comparison, my friend's apartment in Manhattan rent is $3,500/mo!
So I decided to stop complaining about my apartment rent.
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Old 07-15-2016, 09:29 AM
 
Location: Clemson, SC by way of Tyler,TX
4,857 posts, read 2,993,379 times
Reputation: 3399
Quote:
Originally Posted by KayneMo View Post
When I was looking to move to downtown OKC last year (out on my own for the first time, after college), I was surprised at how expensive it is. The cheapest 1 bedroom apartment I could find was around $1,100/mo. There are condos in downtown listed at around $600k and up, and million dollar condos at the top of one the towers; the penthouse sold for, I believe, around $3.5 million. I would've never expected to see those prices in OKC.
Every city has homes above a million dollars.
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