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Old 11-02-2012, 02:24 AM
 
26 posts, read 56,122 times
Reputation: 25

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Any of you ever see this website? Moderator cut: link removed, linking to competitor sites is not allowed

Ok, so I searched Johnson City TN. vs. Ludington MI. It says housing is 43% cheaper in Ludington. I've been searching for a house to rent for weeks now & I can't find a damned thing. We're currently renting a big 3 bedroom, 2 bath house for $600 a month. I searched the current rents in this area (East TN.) & that's about the average. When I search Ludington most of the rents are more expensive. I'm supposed to be finding cheaper rents but instead everything is a lot higher. WTF???

Last edited by Yac; 11-21-2012 at 06:10 AM..
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Old 11-02-2012, 07:01 AM
 
82 posts, read 268,224 times
Reputation: 46
Quote:
Originally Posted by Nukem View Post
Any of you ever see this website? Moderator cut: link removed, linking to competitor sites is not allowed

Ok, so I searched Johnson City TN. vs. Ludington MI. It says housing is 43% cheaper in Ludington. I've been searching for a house to rent for weeks now & I can't find a damned thing. We're currently renting a big 3 bedroom, 2 bath house for $600 a month. I searched the current rents in this area (East TN.) & that's about the average. When I search Ludington most of the rents are more expensive. I'm supposed to be finding cheaper rents but instead everything is a lot higher. WTF???

$600/mth for a 3/2 is dirt cheap almost anywhere. I know nothing about the rental market in Ludington, but make sure you are comparing apples to apples. For example, is your house in Johnson City in BFE, but you are looking to be close to the water in Ludington? If you are looking on or near the water, some nicer places could get $600/NIGHT in the summer for a 3/2.

Then there is the question of cost of living versus standard of living. You'll have to run the standard of living equation for yourself, as everybody has different variables and multiples.

Last edited by Yac; 11-21-2012 at 06:10 AM..
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Old 11-02-2012, 06:36 PM
 
Location: West Michigan
12,083 posts, read 34,954,843 times
Reputation: 16907
That site uses mortgage payments, apartment rents, and property taxes for their housing costs. There must be a much larger cost in BUYING a home between the two places than there are in renting a place (Johnson City average home is $122,500; Ludington average home is $69,300.) Rent price is driven by supply and demand and Ludington has a fair supply of homes for rent, but the market is competitive and has been for several years. You will not find that size home in Ludington for that price is my bet. You might look for places in Scottville (a few miles east) or out of town a bit. Anything around Lake Michigan or Hamlin Lake is going to demand a premium and there is no way you will get a place for $600 a month.


plus you are trying to compare a city with a population of 63,000 to one of only 8000. There just isn't the turn-over or selection for rentals in a smaller town than there is in a larger one.
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