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04-09-2007, 11:35 AM
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If Texas is soo great, why is it so cheap?
Here's a question for you Texans:
If Texas is so great then why is it so cheap?  Is it economical? Is it a bad rep? Is it a high housing supply?...
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04-09-2007, 12:14 PM
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They have oil?
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04-09-2007, 12:17 PM
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Hi,
Texas is a less desirable place to live (location). Which keeps the housing prices down. Look at Hawaii. It is so expensive to own a home there (I have family living there). There is no real job market yet homes are highly priced. That is because Hawaii is a desirable place to live. People prefer to live on the coasts, the east coast and the west coast. It seems all the states in the middle of the country are cheap compared to coastal states. The closer you get to the water the more you pay.
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04-09-2007, 12:23 PM
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Quote:
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04-09-2007, 12:53 PM
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There isn't any work there. The jobs pay much less and the teachers make half of what they make anywhere else. Still a great place to live.
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04-09-2007, 02:03 PM
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I think it is lots of space and land along with relatively low labor costs (very few unions).
As for no work? The economy is going along just fine, as far as I can tell (or have heard). Yes, the East and West coast have much better ocean property (the gulf is pretty...boring...), but the limited land with ocean easy access/views drive up the price, not just being near the ocean.
__________________
TrainWreck 
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04-09-2007, 04:02 PM
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Texas has the second most Fortune 500 companies in America. There is plenty of work.
But the land is cheap because there is lots of it.
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04-09-2007, 04:33 PM
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Texans are too smart to let people needlessly jack up prices and take advantage of them. If you don't believe me, just watch a town where the county appraisal district goes crazy raising rates. People will raise the roof!
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04-09-2007, 06:54 PM
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Cheap? Where? You mean outside the hill country? Oh yea, it's cheap out there.
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04-09-2007, 08:07 PM
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high crime.
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