3 ms·

That's disingenuous to some extent. Housing is beyond reach for many folks nowadays and jobs don't follow in the smaller towns you mention and you'd put yourse

That's disingenuous to some extent. Housing is beyond reach for many folks nowadays and jobs don't follow in the smaller towns you mention and you'd put yourself at risk of being surrounded by no one your age. Of course people want to live close to their social circle.

threeseed 3y ago
Housing is significantly more affordable outside inner city suburbs. And of course everyone wants to live close to their social circle. I want to live in a mansion by the beach. But sometimes in life you have to make compromises especially when you're young and that includes working your way up the property ladder.
- epicureanideal 3y ago
  Anywhere within an hour drive of the SF Bay Area is hugely expensive. Most of California is expensive even away from the big cities. Sacramento is expensive now.
- slymon99 3y ago
  Comparing living near jobs and quality schools to living by a mansion on the beach is quite unfair - people don't solely desire the luxury of cities, they desire the opportunity for themselves and their families. "Working your way up the property ladder"? The median sale price for a house in Westchester County, NY is seven hundred and fifty thousand dollars. With insurance and property taxes and the current interest rate, that's over six grand a month. That's a hair shy of the US median household income (before taxes!). How exactly is a person ever supposed to afford that?
  - ipaddr 3y ago
    They get in for a small %. Hold for a few years than sell for 1,000,000. They get a loan from parents They rent out their basement They partner up. They buy the lower priced 600,000 home and make repairs themselves.
- sanp 3y ago
  Relative to income? Every single Metro areas in this list has seen affordability drop significantly (even Hooverville). https://cdn.nar.realtor//sites/default/files/documents/metro-affordability-2022-existing-single-family-2023-07-24.pdf?_gl=1*n1rcxg*_gcl_au*MTk5ODA1MDYzOS4xNzAxMjI3NjM0 https://cdn.nar.realtor//sites/default/files/documents/metro...
- 8note 3y ago
  That doesn't mean those areas haven't also gone up a ton

threeseed 3y ago

Housing is significantly more affordable outside inner city suburbs. And of course everyone wants to live close to their social circle. I want to live in a mansion by the beach. But sometimes in life you have to make compromises especially when you're young and that includes working your way up the property ladder.

epicureanideal 3y ago
Anywhere within an hour drive of the SF Bay Area is hugely expensive. Most of California is expensive even away from the big cities. Sacramento is expensive now.
slymon99 3y ago
Comparing living near jobs and quality schools to living by a mansion on the beach is quite unfair - people don't solely desire the luxury of cities, they desire the opportunity for themselves and their families. "Working your way up the property ladder"? The median sale price for a house in Westchester County, NY is seven hundred and fifty thousand dollars. With insurance and property taxes and the current interest rate, that's over six grand a month. That's a hair shy of the US median household income (before taxes!). How exactly is a person ever supposed to afford that?
- ipaddr 3y ago
  They get in for a small %. Hold for a few years than sell for 1,000,000. They get a loan from parents They rent out their basement They partner up. They buy the lower priced 600,000 home and make repairs themselves.
sanp 3y ago
Relative to income? Every single Metro areas in this list has seen affordability drop significantly (even Hooverville). https://cdn.nar.realtor//sites/default/files/documents/metro-affordability-2022-existing-single-family-2023-07-24.pdf?_gl=1*n1rcxg*_gcl_au*MTk5ODA1MDYzOS4xNzAxMjI3NjM0 https://cdn.nar.realtor//sites/default/files/documents/metro...
8note 3y ago
That doesn't mean those areas haven't also gone up a ton