Spyke
lemm.ee

With that much money I could buy 8 houses like the one I live in right now.

12
some_guyreply
lemmy.sdf.org

I mean, if all you want is mediocre food chains, fast food, a bowling alley, and a movie theater, you're pretty set. That's not enough for me, hence why I left.

4

I like in a UK town of 37k people, and we have neither. The last cinema closed long enough ago to still have a poster for The Woman in Black outside.

3

My mom bought a tear-down for less than $100k in a small Southern city last year. It really needs a shit ton of work and we'll probably sink another $200k into it over the next 10 years. We are basically going to replace the entire house, in stages as we can afford it. But the point is that 1) she can live in it during this time, and 2) she's building equity in it.

Still, I'd rather rent in California than own in the South. Good for her though.

2
NoDignityreply
lemmy.world

I live in St. Louis and you can still get decent houses in nice neighborhoods in the 200 - 300k range though it is getting a bit harder.

5
SeaJreply

St Louis is shrinking pretty rapidly so it is not surprising to find decently priced homes.

3

Literally like 50% of the US. The further out you go, the lower the cost of property and houses gets. The issue is living that far out of town. My parents manage to do it, I couldn't.

Basically the country.

3

And we couldn't afford a home when we moved out of L.A. back to Indiana over 10 years ago. It was one of the reasons we moved back.

11
lemmy.world

That’s pretty low. Based on prices in my neighborhood I assumed median was easily over $1M.

6
lemmy.world

The plus side is once insurance companies leave California due to all the wildfires from climate change housing prices will drop as fast as their smoldering condos.

4

Nah, the US government will pander to the real estate industry and subsidize insurance, just like they have done in the south east for flood insurance.

California is the nation’s biggest economy and the nation’s biggest real estate market. If that were to get disrupted, people are going to freak out like they did in 2008.

11

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