There's a lot to be said about California housing being unaffordable and ridiculously expensive, but the reason houses are *so cheap* in states like Arkansas, Indiana, and Alabama is because people just don't want to live there.
It seems very hard to believe, but there really are a lot of people who would rather live in an apartment in California than a house in Mississippi. I have my own opinions on it, but I'll leave it to others to think about why.
@Kristi_4_Toledo
think about it — if a mansion that luxurious costs 1.1M (which is less than a standard single-family home costs in much of San Jose, California), what do you think a regular house costs?
@JoshfromAR
I don't think people are inclined to move to states overwhelmingly of the opposite partisanship just to try and make it competitive one day.
@lxeagle17
True. People would rather be homeless on the street or step over homeless to get out of their homes than lead a decent life somewhere they know nothing about.
@lxeagle17
Real estate investors have turned homeownership into a Ponzi scheme in some places. I bought my first house 5 years ago and somehow it's almost doubled in value. In 5 years. I couldn't afford it if I bought it now.
@lxeagle17
not really true, at least not in this locality. there are plenty of (mostly) small towns in interior states where the existing housing stock exceeds demand, but in somewhere like little rock, prices will be limited by the construction costs of a comparable new build...
@lxeagle17
Liking where you live is similar to one’s taste in movies or music. It’s subjective, people can find joy anywhere and it’s not my place to have an opinion on what brings you happiness.