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Old 12-25-2010, 01:52 PM
 
125 posts, read 201,801 times
Reputation: 140

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My wife could watch "House Hunters" on HGTV 24/7. Now that we're moving to Houston in May 2011, I've gotten into it, also.

Watching a couple right now looking at houses in Chicago with a budget of $250-270,000. We see couples looking for the same kind of houses all the time, in nice (but average) neighborhoods all across the country, paying the same money.

Now...we're looking on HAR.com all the time, and the places they're looking at in Chicage could be had for $125,000 in Houston.

I know people may want to live in a certain city/area. But this is nuts!

Why would anyone pay such excessive amounts for housing when such better homes can be had for the same money, or the same homes for so much less? Do these people really think these other places are so great? Do they really think Houston is so bad?

Or do they just not know any better?
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Old 12-25-2010, 02:04 PM
 
Location: Tower of Heaven
4,023 posts, read 6,265,614 times
Reputation: 1438
Quote:
Originally Posted by mistergus75 View Post
My wife could watch "House Hunters" on HGTV 24/7. Now that we're moving to Houston in May 2011, I've gotten into it, also.

Watching a couple right now looking at houses in Chicago with a budget of $250-270,000. We see couples looking for the same kind of houses all the time, in nice (but average) neighborhoods all across the country, paying the same money.

Now...we're looking on HAR.com all the time, and the places they're looking at in Chicage could be had for $125,000 in Houston.

I know people may want to live in a certain city/area. But this is nuts!

Why would anyone pay such excessive amounts for housing when such better homes can be had for the same money, or the same homes for so much less? Do these people really think these other places are so great? Do they really think Houston is so bad?

Or do they just not know any better?
If you have a new job in Chicago you don't have many choices...Or if you hate sun lol.
But people come to Houston you know, many of them to find jobs or buy an affordable house.
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Old 12-25-2010, 02:31 PM
 
Location: The Greater Houston Metro Area
8,951 posts, read 14,089,785 times
Reputation: 14767
It's difficult to pull up roots and move across country - even if the houses are less. It's different when you are moving for a job. It's like an extra bonus.

Don't forget to look at the bottom left corner of the HAR info pages, where it lists the taxes on the house, before the homestead exemption kicks in. I hear it's a wash, since we don't have state income tax here - but you still need to notice what they are - and budget accordingly.
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Old 12-25-2010, 02:32 PM
 
Location: from houstoner to bostoner to new yorker to new jerseyite ;)
4,085 posts, read 11,222,559 times
Reputation: 1940
Quote:
Originally Posted by mistergus75 View Post
My wife could watch "House Hunters" on HGTV 24/7. Now that we're moving to Houston in May 2011, I've gotten into it, also.

Watching a couple right now looking at houses in Chicago with a budget of $250-270,000. We see couples looking for the same kind of houses all the time, in nice (but average) neighborhoods all across the country, paying the same money.

Now...we're looking on HAR.com all the time, and the places they're looking at in Chicage could be had for $125,000 in Houston.

I know people may want to live in a certain city/area. But this is nuts!

Why would anyone pay such excessive amounts for housing when such better homes can be had for the same money, or the same homes for so much less? Do these people really think these other places are so great? Do they really think Houston is so bad?

Or do they just not know any better?
Location. They're not just buying a house; they're buying access to a lifestyle, culture, scenery, form of entertainment, employment industry, etc. not easily found in Houston.
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Old 12-25-2010, 02:43 PM
 
125 posts, read 201,801 times
Reputation: 140
Quote:
Originally Posted by cheryjohns View Post
Don't forget to look at the bottom left corner of the HAR info pages, where it lists the taxes on the house, before the homestead exemption kicks in. I hear it's a wash, since we don't have state income tax here - but you still need to notice what they are - and budget accordingly.
Thanks for this, hadn't noticed it yet.

We're moving from Amarillo, so we're accustomed to no state income tax already, so this is helpful information.
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Old 12-25-2010, 02:57 PM
 
Location: Houston, TX
8,626 posts, read 16,248,131 times
Reputation: 5938
People often live in the cities their jobs are in, or where they grew up, or wherever they are most comfortable living despite the expensiveness. Houston is cheaper in many ways, but property taxes, auto insurance, etc. may be higher. Then there is the need for flood and wind insurance, etc. Sometimes it is a balancing act.
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Old 12-25-2010, 03:25 PM
 
Location: #
9,605 posts, read 14,276,273 times
Reputation: 6260
Quote:
Originally Posted by mistergus75 View Post
My wife could watch "House Hunters" on HGTV 24/7. Now that we're moving to Houston in May 2011, I've gotten into it, also.

Watching a couple right now looking at houses in Chicago with a budget of $250-270,000. We see couples looking for the same kind of houses all the time, in nice (but average) neighborhoods all across the country, paying the same money.

Now...we're looking on HAR.com all the time, and the places they're looking at in Chicage could be had for $125,000 in Houston.

I know people may want to live in a certain city/area. But this is nuts!

Why would anyone pay such excessive amounts for housing when such better homes can be had for the same money, or the same homes for so much less? Do these people really think these other places are so great? Do they really think Houston is so bad?

Or do they just not know any better?
Or.......obviously you have never lived in Chicago
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Old 12-25-2010, 05:29 PM
 
125 posts, read 201,801 times
Reputation: 140
Quote:
Originally Posted by neotextist View Post
Location. They're not just buying a house; they're buying access to a lifestyle, culture, scenery, form of entertainment, employment industry, etc. not easily found in Houston.
I can understand that. But Houston is not a small town, it's the 4th largest city in America. Though not having moved there yet, I'm sure it has as much culture, entertainment, employment, etc., that Chicago has. Surely all one has to do is immerse themselves a little bit, and they can find in Houston all they want of whatever they're looking for.

I think most of us just "go with the flow". We're raised in a particular area, we stay there. In the same way, I've always had the impression that New York City is a terrible place to live a life of normalcy, much less raise a family, but yet millions stay there. Why?
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Old 12-25-2010, 06:23 PM
 
9,787 posts, read 7,650,863 times
Reputation: 6165
We go where the paycheck is.
What area of Chicago compared to what part of Houston. Do apples to apples. They have much better transportation in Chicago. You need to add transportation in. When we moved to the less expensive house, what we saved on house, we spent on cars.
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Old 12-25-2010, 07:24 PM
 
15,287 posts, read 16,839,007 times
Reputation: 15019
Every area has its pros and cons. Houston's cost of living is lower. It's weather is a plus *if* you like heat especially very hot summers. Houston is a driving city, so you need to enjoy driving. Houston is a spread out city. Houston has some culture, but not nearly enough compared to Chicago or NYC.

Chicago has lousy winter weather. Chicago has great public transportation. Chicago has a lakefront. Houston doesn't have any beaches unless you drive out to Galveston or somewhere. I used to walk for miles on Chicago's Lakefront even in the winter time. I could also bike or walk to get groceries, to shop, to go out to restaurants, etc., except in the snow times.

NYC has great public transit. It is denser than either Chicago or Houston, but it has many more cultural attractions and easy access. It's a very high energy city compared to either Chicago or Houston, so if you are into that kind of scene, you will like NYC.

At any rate, it's a personal decision and choice in terms of value for your money.
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