🚀 go-pugleaf

Nomen Nescio wrote:
> the point I was making was that when one
> drives around the nation you can find lots
> of towns like San Angelo with lots of houses
> under $120,000. In San Angelo you can buy a
> fairly large and charming house by the
> University and some of the historic areas
> for under $100,000.

   That's  because central air conditioning
    ONLY works in idiot  college towns
    like Stanford and Manhattan and Washibgtoon D.C..

    Since in those places thier jets
    cost 100 times what their houses do,
    Since the nearby Skyscapers
    cost 100 tmes what the jets do,






 Of course that brings
> the question back to cost in other areas. If
> 300,000,000 live in this country we all know
> that all of them can't live in La Jolla, San
> Diego, San Francisco, San Jose, Miami,
> Boston, NY city, Portland, Seattle etc and
> so the question of cost is so diverse and
> relative.
>
> If a home costs $19 a sq ft does that
> necessarily make it a good buy? If a house
> costs $400 a sq foot does that mean it is
> overvalued because as a cost for an average
> home in the WHOLE USA it is double the cost?
> Then the question of age. Even in San Angelo
> if you want new you are going pay closer to
> $100 a sqft for a nice house where the older
> ones go as low as $13 a sq ft with most
> being around $50 a sq ft. Is a 3000 sq ft
> turn of the Century house in the ghetto in
> Buffalo a bargain at $20 a sq ft vs an 800
> sq ft condo in Austin at $200 a sq ft?
>
> It seems that too often this blog turns the
> whole world into a homgeneous blob where all
> houses cost four or five times income or
> people pay California prices or that a
> $300,000 house in SD is the same as a
> $300,000 housein Shrevport LA. Even in
> cities like Phoenix there are markets within
> markets and prices that range from cheap to
> expensive.
>
> And this site treats all buyers and
> consumers the same when there are vast
> differences in incomes, down payments,
> lenght of time when people bought, debt
> loads, family size, etc. As I use to tell co-
> workers at the hospital, it doesn't matter
> if you make $100,000 if you spend $110,000
> you are in debt and over-extended where a
> person making $20,000 who spends $18,000 has
> a positive cash flow, sort of like some
> mortgages.
>
> Still, for all those people who bemoan that
> they can't buy a house on two incomes say in
> La Jolla when they are 30 years old, move.
> If owning a house is that important to you
> then there are plenty of areas in the
> country that are very affordable.