Thread: Investors!
View Single Post
  #16  
Old 08-16-2007, 06:25 PM
pgardn
 
Posts: n/a
Default

Quote:
Originally Posted by Sightseek
It's insane how much the price of real estate varies in this country. When I lived in RI, you couldn't get a decent house that you would be willing to raise a family in for less than $290K+. When I lived in Kentucky, I lived with someone who had a 3 bedroom, 2 bath ranch on some land that was built to their desire for less than $90K. I think the housing prices in NY are extremely fair. You know things aren't looking good when Home Depot reports losses.
The house that I live in San Antonio in the same type of socio-economic area would go for 1/2 million in Dallas. Same state. It ridiculous. The house is valued at 145,000 in San Antonio.

So I guess like Z said. If you can get a nice paying job (which I dont), in an area where the cost of living is low and you like (which I do), everything works out nicely.
Reply With Quote