Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
You know what Trump calls it right?...a Sh*thole !
I saw you in the florida section saying you live in orlando, that place has median wages below places like detroit and most of the deep south and the rust belt! It is like Flint Michigan with palm trees
Two, restaurant cooks in Missisippi earning the median wage for a cook could afford a massive mansion with estate sized lot in Missisippi with only two years of hard-work
Look at the price history of the first home. It was originally listed for 1.2 million. If the price has dropped this much, there's likely to be extensive damage.
It's a money pit.
If the Mansions in Kansas and Mississippi are cheaper than similar sized houses in Nigeria were cost of living is a lot less than the U.S, that should tell you enough about the House or the area your moving into. Reason why places are inexpensive is primarily because their is low demand, California has high demand to live there thus skyrocket prices combined with a nice healthy dose of NIMBYism keeps areas that shouldn’t be expensive, expensive for no reason. Mississippi either is simply no job opportunities or too poor/dangerous/underdeveloped or in the case of that random place in Kansas so isolated and boring that the area likely has gained population in 100 years. Prices fall like a sack of potato’s.
Even when you guys harass California for being expensive that in itself is just saying Cali is to desirable whether for investors or just regular people that every thing is more expensive there, hence your complimenting the state.
I live in Texas and Cost of a House has increased in most areas dramitcslly from when I first moved here in 2009, this is because of how desirable the state is and certain areas such as Houston/Dallas/Austin and San Antonio which make up like 80%+ of the states growth (immigration)
It's actually so much worse because the way they factor cost of living is antiquated. The cost of living in california is higher than the CPI indicates, the number of homeless in California is much higher than the numbers indicate there are A LOT of homeless people that aren't accounted for, and the trend line is heading way in the wrong direction. Tax, regulate and spend is killing the middle class in California. Look at what they did to energy prices. How many poor or middle class people can not afford to heat/cool their homes or drive a car in the name of "going green"? How many businesses aren't started because of the costs and red tape? How many poor/middle class people would start businesses/work for themselves if these barriers weren't put in place? What would the wages be if illegal immigrants were willfully working for far less? It's a TERRIBLE place for the middle class to live, which is why they are fleeing.
If you don't like living in California, if you find taxes too high, housing prices out of sight, too many foreigners, not enough white people, whatever, ... move to Kansas and buy that money-pit mansion.
Or move to South Dakota because you've heard they have more trauma 1 hospitals than California.
Or move to Mississippi and see if you can find a job as a restaurant cook that pays $38,000/year.
...
The great thing about the U.S. is that you have a lot of options and since we're not serfs, at least not yet, you are free to move wherever you want.
I hear North Dakota has a low unemployment rate and a haunting beauty this time of year.
Two, restaurant cooks in Missisippi earning the median wage for a cook could afford a massive mansion with estate sized lot in Missisippi with only two years of hard-work
Quote:
Originally Posted by serger
Lol. Apparently, this 8 bedroom mansion of yours has been on sale for 4+ years, starting at 1.2 mil.
So something is very wrong with the the house. Additionally, the median income in this place is probably nowhere close to what's listed above.
Quote:
Originally Posted by BentBow
You can buy a 2900 sq.ft Victorian in Tescott, KS on 5 acres for $7000
Y'all gotta at least pick something in a metro area, not a farm town 30 miles from even a small city. I randomly picked a suburb of KC Kansas and got 260K for a nice-ish if a bit dated 4BR colonial. Certainly LOTS less than CA but the previous examples are not indicative of realistic. Yes the 80K a year family lives FAR better in KS than CA.
What the heck is driving up CA prices to crazy multiples of local income?
Y'all gotta at least pick something in a metro area, not a farm town 30 miles from even a small city. I randomly picked a suburb of KC Kansas and got 260K for a nice-ish if a bit dated 4BR colonial. Certainly LOTS less than CA but the previous examples are not indicative of realistic. Yes the 80K a year family lives FAR better in KS than CA.
What the heck is driving up CA prices to crazy multiples of local income?
I was born in California and spent most of my life there. There are a lot of great things about the state, not knocking it. But there are lots of issues there that are ignored by those who want to call it this liberal utopia perfect in every way.
First of all its mostly the coastal areas of California where prices housing prices are crazy. You can go out to the central valley or the deserts and prices are much lower. You still have the high taxes and high gas prices which make everything more expensive. The problem with the central valley and desert areas is the high unemployment and higher cost of living than similar areas around the country so even in those places life it tough for many.
In the coastal areas there is no land left to develop so it is supply and demand. More people than there are housing units pushes up the prices. Add in SALT deductions, Prop 13 and high paying industries like Silicon Valley and the entertainment industry in Los Angeles and you have housing prices out of whack with incomes. This puts pressure on rental prices since the supply of existing rental units are all that is available. They raise taxes on the rich and as property values go up the wealthy residents can just write all the increases off their taxes whereas the working class and poor get squeezed out. They have to pay the higher prices with no sneaky tax deductions to level it out.
I posted this thread because of all the threads attacking how states deal with poverty like Mississippi when California with all its liberalism and wealth cannot even deal with their poverty issues. And IMHO its worse to be without a job in California when your apt costs $1,800 a month compared to the same situation in Mississippi and the rent is $500. Which is one reason there are so many homeless in California.
I saw you in the florida section saying you live in orlando, that place has median wages below places like detroit and most of the deep south and the rust belt! It is like Flint Michigan with palm trees
Looking at the above list Detroit has a higher per capita income than Los Angeles. I suppose Los Angeles is Flint, MI with palm trees also.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
