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Cheap is an excellent attribute to have, we should all be so lucky, especially when it comes to something as fundamental as housing. In growing cities, it's a
by pascalxus 8y ago
Cheap is an excellent attribute to have, we should all be so lucky, especially when it comes to something as fundamental as housing. In growing cities, it's a sign that market economies are working and that supply is allowed to increase, the way it should.
Despite what some may think, expensive housing doesn't benefit anyone, not even those who own the housing. Not, unless you're willing to leave the area, then you can cash out and live like a king.
- davidw 8y agoThe dynamic I'm talking about is that, say, a house in Palo Alto costs 2.5 million dollars, whereas one in Bend might cost 500,000 - and be completely unaffordable to many people here. It'd be nice, in an ideal world, if the person moving from Palo Alto came because they like Bend for what it is, rather than 'oh gosh I can buy a house and live on the rest', if that makes sense?
- pchristensen 8y agoBut ... that's one of the things they like about it!