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Job was my biggest reason. I had other offers closer to home with similar compensation, but the opportunities to move up weren't there. I had to move 9 hours from home to take a job, but I think it will be worth it in the end. My goal is to eventually get back home.
cost of living. I'm near Boston and I have a pen pal in Indiana. The houses are so cheap where she is. I see a $200,000 house and don't think twice about it. You might find something here like that, but it doesn't mean it's a nice house, or even big. She sees $200k and says are the kitchen cabinets lined in gold? Her sister got a fix er upper for $80K. Those prices haven't been like that here in over 20 yrs.
This is my second time living in Indiana and I can tell you why houses are cheap. 1) The lack of jobs in many areas= lots of foreclosed properties, distressed properties, and short sales. 2) The lack of good paying jobs and mostly low wages- particularly outside the metro areas. 3) The fact that the housing stock quality is generally subpar and old. 4) Good luck ever selling anything once you buy it.
Jobs, housing, family, weather are big ones. Here's one you may have missed" recreational opportunities. I know many put in for a transfer to Denver because the skiing opportunities are better. Cost of living has to be measured against the earning potential. You can probably make more money in Boston but the cost of living more than outweighs that. Of course, if you are retiring, you couldn't cate less about the local job market.
I would say jobs and family are the 2 most common reasons for someone moving out of state, me and my g/f just moved from Albuquerque to the San Antonio area, just for the hell of it, we needed a change and we got bored with ABQ, we needed to see some green and have new places to explore. I also wanted a smaller city close to another city so we moved to a city of about 50,000 people.
I really wanted to go to Georgia, but maybe in a couple years.
This is my second time living in Indiana and I can tell you why houses are cheap. 1) The lack of jobs in many areas= lots of foreclosed properties, distressed properties, and short sales. 2) The lack of good paying jobs and mostly low wages- particularly outside the metro areas. 3) The fact that the housing stock quality is generally subpar and old. 4) Good luck ever selling anything once you buy it.
I can totally see that in Indiana, but at least you got character to the subpar and older housing, its beats tract housing that looks like carbon copys of anytown USA suburb.
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