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You make it sound like $1500 a month mortgage is affordable with the jobs you could get in those areas. Taking Valdosta, GA as an example, the median household
by FollowingTheDao 4y ago
You make it sound like $1500 a month mortgage is affordable with the jobs you could get in those areas.
Taking Valdosta, GA as an example, the median household income there is $35,085.
http://www.city-data.com/city/Valdosta-Georgia.html http://www.city-data.com/city/Valdosta-Georgia.html
- echelon 4y agoDrill down. The median age is only 27, and an unusually large percentage of the 16-18 labor force is working. Farming or going to Valdosta State. It's a college town, and they also grow a whole lot of onions. > Valdosta State has approximately 11,270 students > The current population of Valdosta, Georgia is 55,550 Interesting demographics, indeed. They have a nice downtown, surprisingly big theme park, and lots of stuff for college age kids to do. So it's not a wasteland. It's also only three hours from Atlanta and Apalachicola. In any case, there are cheaper homes in Valdosta. https://www.trulia.com/p/ga/valdosta/4189-hamilton-cir-valdosta-ga-31605--1073238785 https://www.trulia.com/p/ga/valdosta/4189-hamilton-cir-valdo...
- FollowingTheDao 4y agoNothing you said changes the fact that that the medium income is $35,000. Why do you think houses look so much affordable there?
- deleted 4y ago[deleted]