U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > General U.S.
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-21-2017, 05:54 AM
 
Location: Clemson, SC by way of Tyler,TX
4,857 posts, read 2,989,000 times
Reputation: 3399

Advertisements

Quote:
Originally Posted by mhays25 View Post
Isn't it obvious that places that are shrinking will typically be the cheapest?

If a place is growing at all, prices will be related to development cost. Only in a shrinking city will prices be based on "screw it, whatever I can get."
But Dallas, Houston and San Antonio are among the ten most affordable. A lot of value in the ten cheapest cities, some real gems.
Reply With Quote Quick reply to this message

 
Old 06-21-2017, 11:54 PM
 
4,488 posts, read 2,674,615 times
Reputation: 4100
See my second sentence. If a place is growing, prices will be related to development cost. This is correct for those places. Their development costs are very low -- land, construction costs, fast entitlements, etc.
Reply With Quote Quick reply to this message
 
Old 06-22-2017, 12:09 AM
 
Location: Minneapolis (St. Louis Park)
5,991 posts, read 8,319,838 times
Reputation: 4270
This just tells me that people aren't always sensible. It also says a lot about price and demand, though I am a BIG believer that low prices CAN cause increased demand (this was/is supposedly one of the big draws of moving to the South).
Reply With Quote Quick reply to this message
 
Old 06-22-2017, 12:13 AM
 
Location: Minneapolis (St. Louis Park)
5,991 posts, read 8,319,838 times
Reputation: 4270
Quote:
Originally Posted by cjoseph View Post
Obviously, the lack of housing affordability has not gotten to the extreme where people are flocking to cheaper areas. I wonder if/when it will get to that point…
http://www.bizjournals.com/buffalo/n...s-measure.html
Interesting question, though with the continuing divide between rich and poor, something's got to give.........somewhere.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > General U.S.
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top