5 ms·

> And home prices are only one factor of a HCOLA area Spoken like someone who doesn't live in a HCOL area

• neogodless 4y ago
  So... all the other things in my life other than my home that are high-cost... are not high-cost, because of your bizarre comment? That doesn't follow. And my house is high-cost compared to the median. Just not compared to the top x% of the country.
  • bradlys 4y ago
    Again - if you lived in HCOL... You'd understand.
  • twblalock 4y ago
    > So... all the other things in my life other than my home that are high-cost... are not high-cost, because of your bizarre comment? That doesn't follow. Aside from housing and sometimes fuel, almost everything a normal person buys costs about the same everywhere in the country. Cars, TVs, phones, washing machines, clothing, shoes, tools, and so forth are not selling at different MSRP in different parts of the country. In truly high cost of living areas, like Silicon Valley, the down payment for a home is enough money to buy a handful of new cars outright -- literally several hundred thousand dollars. If you live in an area like that, and you can afford a home, almost everything else you buy will be very cheap in comparison.
    • dragonwriter 4y ago
      > Aside from housing and sometimes fuel, almost everything a normal person buys costs about the same everywhere in the country. Lots of common grocery items like milk, eggs, meat, and fresh produce have highly regionally variable pricing. (Highly processed dry and frozen foods tend to be more consistent in pricing.)