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04-09-2007, 11:35 AM
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Senior Member
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Join Date: Aug 2006
990 posts, read 1,537,361 times
Reputation: 540
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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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Senior Member
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Join Date: Aug 2006
5,083 posts, read 3,423,162 times
Reputation: 1367
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They have oil?
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04-09-2007, 12:17 PM
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Senior Member
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Join Date: Aug 2006
4,586 posts, read 2,904,161 times
Reputation: 6075
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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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Senior Member
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Join Date: Oct 2006
Location: WA
2,256 posts, read 2,718,761 times
Reputation: 677
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Quote:
Originally Posted by newportbeachsmostwanted
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?... |
Lots of available land, lots of cheap labor. |
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04-09-2007, 12:53 PM
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Member
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Join Date: Apr 2007
65 posts, read 78,733 times
Reputation: 16
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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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Retired Slacker
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Join Date: Aug 2006
Location: Austin, TX
4,222 posts, read 4,566,748 times
Reputation: 703
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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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Dallasite
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Join Date: Apr 2007
535 posts, read 1,104,808 times
Reputation: 148
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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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Senior Member
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Join Date: Apr 2007
284 posts, read 402,427 times
Reputation: 113
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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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Rooster
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Join Date: Apr 2007
Location: San Antonio, Tx.
3,318 posts, read 2,069,601 times
Reputation: 1067
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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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Senior Member
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Join Date: Feb 2007
2,931 posts, read 1,891,699 times
Reputation: 1180
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high crime.
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