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Looks like President Trump's economic agenda has lead to a West Virginia miracle.
It would be interesting to know how many have their homes paid off in West Virginia as opposed to California and New York also.
Looks, like 75% of West Virginians own their own homes. I would venture to guess that many own them free and clear also.
$372 property tax bill on a 1,900 square foot home on a huge lot and very low electric bills likely mean that once people owe mortgages that they are likely only paying a couple hundred a month for all their combined bills for nice single-family homes.
West Virginia also has 3 1/2 times the job growth rate year over year than Los Angeles thanks to President Trump's America First agenda which especially great for West Virginia.
2 BR rent in suburban LA 2300 dollars! Heaven help people with families that need 3 BR.
They key is jobs being available. BTW in example by LC the house has been on the market for 200+ days. WV is many markets also. DC trains go to Martinsburg WV. Charleston might be an okay place for those of very modest means to retire.
Edit 2. Did a bit more digging. Not the best area of Charleston for the above house. Nicer areas seem to be fairly normal, high $100Ks in a better area.
Looks like President Trump's economic agenda has lead to a West Virginia miracle.
It would be interesting to know how many have their homes paid off in West Virginia as opposed to California and New York also.
Looks, like 75% of West Virginians own their own homes. I would venture to guess that many own them free and clear also.
$372 property tax bill on a 1,900 square foot home on a huge lot and very low electric bills likely mean that once people owe mortgages that they are likely only paying a couple hundred a month for all their combined bills for nice single-family homes.
West Virginia also has 3 1/2 times the job growth rate year over year than Los Angeles thanks to President Trump's America First agenda which especially great for West Virginia.
Have you ever been to WV? Do you know what the economy is like there? Are you aware of the widespread pollution issues due to mining and former mining activity?
2 BR rent in suburban LA 2300 dollars! Heaven help people with families that need 3 BR.
But you get the picture. And, this is only the tip of the iceberg. Take a look at property taxes https://www.usatoday.com/story/money...-dc/100314754/, with people in NJ paying an average of $8000 vs $800 in WV. Our own property taxes on our two properties in CO are about $1200 a year. If we owned the same properties in NJ, we would be paying $15,000 easily, which would mean we would not be able to afford them and be able to save.
No housing is more affordable in West Virginia because nobody wants to live there...As a result property values are lower.. If demand to buy an area is low.. This is what happens
People are buying more properties in these coastal cities that are large because there is more of a demand and so its tougher to buy in them because the property values are way way higher.
This is not even a political issue its a supply and demand issue and possibly economic common sense which you clearly never had... Congratulations on the pointless post I just debunked in 2 minutes by typing this out
Next time pay attention in econ class in high school or college or learn basic fundamentals yourself
This.
Conservatives will say whatever they can to paint places like West Virginia and Oklahoma and Mississippi as shining examples of American prosperity while simultaneously painting all of the big cities as liberal, anti-American cesspools.
Looks like President Trump's economic agenda has lead to a West Virginia miracle.
It would be interesting to know how many have their homes paid off in West Virginia as opposed to California and New York also.
Looks, like 75% of West Virginians own their own homes. I would venture to guess that many own them free and clear also.
$372 property tax bill on a 1,900 square foot home on a huge lot and very low electric bills likely mean that once people owe mortgages that they are likely only paying a couple hundred a month for all their combined bills for nice single-family homes.
West Virginia also has 3 1/2 times the job growth rate year over year than Los Angeles thanks to President Trump's America First agenda which especially great for West Virginia.
But you get the picture. And, this is only the tip of the iceberg. Take a look at property taxes https://www.usatoday.com/story/money...-dc/100314754/, with people in NJ paying an average of $8000 vs $800 in WV. Our own property taxes on our two properties in CO are about $1200 a year. If we owned the same properties in NJ, we would be paying $15,000 easily, which would mean we would not be able to afford them and be able to save.
I live in NJ.
I can tell you first hand how much fun it is to be "Jersey Poor"
I make above the US median.
I live at best as working class.
Until the kids are adults, it would be irresponsible of me to move out of a job with decent health insurance and apparently steady work.
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