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If you live in rural Kentucky, housing in many parts of Florida would be considered absurd. Comparing costs of living in wages against locations is apples and
by codeddesign 10y ago
If you live in rural Kentucky, housing in many parts of Florida would be considered absurd. Comparing costs of living in wages against locations is apples and oranges. You can get a home with 2000sgft in Montana with 50 acres for the same price as a cookie cutter home in a subdivision in North Carolina. Housing is based on numerous economic factors including wage and comps (what other people have been willing to spend on similar homes in the area)
- sidlls 10y agoThe difference between the housing market in the Bay and almost anywhere else is an extreme caricature of your analogy, though. At some point all analogies fail to provide an adequate description, but yours fails almost out of the gate here, in my opinion.
- deleted 10y ago[deleted]
- EpicEng 10y agoIt doesn't scale though. I live in SD (moving to Austin) and the cost of living to income ratio is simply better elsewhere.
- laughfactory 10y agoAbsolutely. We're looking to move as well. Can't handle the cost of living here in SD.