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As much as I hate agreeing with the ding dongers here, comparing LI housing stock to Central Texas is ludicrous, unless you are talking about 2 or 3 specific urban centers like Austin and Houston. LI has the most tired, outdated, weak infrastructure, toxic plumes, housing market I've ever seen. Only coming from the city does this look at all attractive. What I can get here for $400k (ugh, what I OWN HERE FOR $500lk) would cost $250k there, with decent schools (not great), nice new infrastructure, better weather and a growing job/industrial base. BUT, we are in decline and they are nearing the top of their growth...in 10 years, Kscott will be on the Dallas-Ft Worth forums screaming about the corruption and lack of value and taxes and traffic (already bad), blah blah blah. They've been doing it in Austin for 15 years now. In fact covid will bring more LA/NYC money to Austin which will send Austinites to Dallas which will drive up your costs. Wherever you go, there you are!
Hey, I'm happy that you found a place that better suits you and your needs/wants. I hope it ends up being everything you expect it will be. I'm not going to bad-mouth Texas or point out what I think is wrong with it.
I'm just not a Texas-type person, so it wouldn't work for me. Long Island suits me fine, and I'm happy here. We're not all going to want the same things in life, but this is a big country and there's something out there for everyone. I just don't get the need to bash someone else's choices just because they're not yours. That's all I'm saying.
As much as I hate agreeing with the ding dongers here, comparing LI housing stock to Central Texas is ludicrous, unless you are talking about 2 or 3 specific urban centers like Austin and Houston. LI has the most tired, outdated, weak infrastructure, toxic plumes, housing market I've ever seen. Only coming from the city does this look at all attractive. What I can get here for $400k (ugh, what I OWN HERE FOR $500lk) would cost $250k there, with decent schools (not great), nice new infrastructure, better weather and a growing job/industrial base. BUT, we are in decline and they are nearing the top of their growth...in 10 years, Kscott will be on the Dallas-Ft Worth forums screaming about the corruption and lack of value and taxes and traffic (already bad), blah blah blah. They've been doing it in Austin for 15 years now. In fact covid will bring more LA/NYC money to Austin which will send Austinites to Dallas which will drive up your costs. Wherever you go, there you are!
I agree, the markets aren’t comparable. the point was in response to him that 2k sq ft ranches don’t exist, the realty is they are all over the place East of islip. I looked at maybe 10 3k+ sq ft ranches in Dix hills, melville, csh, and Northport. They are pretty common. They are generally more $$ as they sit on 1+ acre lots.
Our housing stock is trending newer due to tall the tear downs and repurposing of farms, golf courses etc. these homes are all in the close to 1m range. People are buying them and that’s all that matters.
I agree, the markets aren’t comparable. the point was in response to him that 2k sq ft ranches don’t exist, the realty is they are all over the place East of islip. I looked at maybe 10 3k+ sq ft ranches in Dix hills, melville, csh, and Northport. They are pretty common. They are generally more $$ as they sit on 1+ acre lots.
Our housing stock is trending newer due to tall the tear downs and repurposing of farms, golf courses etc. these homes are all in the close to 1m range. People are buying them and that’s all that matters.
True, but it would matter more if some actual businesses/industry came along for the ride. Without that, it's just another housing bubble and tax hike.
True, but it would matter more if some actual businesses/industry came along for the ride. Without that, it's just another housing bubble and tax hike.
Old ranch + 100k in reno materials -> 500k ish
New ranch + tear down of inside because todays constructoin is garbo (100k)+20k town trash -> 1million.
I don't know anyone with the means who still lives on LI after retirement, or anyone who hopefully will have the means who isn't planning on moving off LI when they retire. You don't really see that dynamic anywhere else.
Even in the SF Bay Area where I lived for many years and there is an exodus, as the liberals have turned SF into a hellhole, many living in the surrounding suburbs still plan on trying to make it work long term given the infrastructure is modern, improving/expanding and there's more natural beauty.
I don't know anyone with the means who still lives on LI after retirement, or anyone who hopefully will have the means who isn't planning on moving off LI when they retire. You don't really see that dynamic anywhere else.
Even in the SF Bay Area where I lived for many years and there is an exodus, as the liberals have turned SF into a hellhole, many living in the surrounding suburbs still plan on trying to make it work long term given the infrastructure is modern, improving/expanding and there's more natural beauty.
If "the libs" turned SF into a hellhole, it was circa 1960. So much for current references. I disagree on the "don't see that dynamic anywhere else." You actually see that dynamic anywhere there is winter. People get older, get sick of the cold, retire to cheaper, warmer locales. Wash, rinse, repeat.
Just because you don't know anyone who retires on LI, doesn't mean they don't exist. I have the means to retire anywhere I like, yet I plan on staying here. I was going to move to Florida, but changed my mind when I realized how much I'd miss about this place. One of my closest friends retired to Florida and now wants to come back. Another friend moved to Georgia and plans on returning. I have quite a few friends here who plan on staying put when they retire.
This right here is spot on advice. If you know 100% you will never make a solid income in the NYC metro area then I would def start looking into cheaper col areas. Life’s to short to struggle and be miserable.
I have a cousin on the south shore making around $100K between her and her husband and they’re doing “ok”. Many times they’ve been tempted to leave but her friends keep them rooted there, which I can totally understand.
But it’s sad to see that they’re overpaying for everything and not able to save a ton for retirement or their kids’ education, plus their house is pretty small. My wife told her we use Alexa as an intercom to call the kids down for dinner and she didn’t understand why it would be needed.
If "the libs" turned SF into a hellhole, it was circa 1960. So much for current references. I disagree on the "don't see that dynamic anywhere else." You actually see that dynamic anywhere there is winter. People get older, get sick of the cold, retire to cheaper, warmer locales. Wash, rinse, repeat.
This isn't entirely accurate. Maine has one of the harshest winters in the U.S., and it is one of the most popular retirement destinations in the country.
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