Quote:
Originally posted by Munchkin03
Yes, I could get a much larger house for what I'd pay to own an apartment here. BUT...there are certain amenities that come with living in the city that I think are well worth the sticker price. Plus, incomes are higher than they are in other areas--so it works out for the most part. It might be too expensive for you, but those who can manage are doing just fine.
You seriously cannot expect those whose jobs and families are tied to those areas to move.
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I never said that, I said I PERSONALLY could not spend that much money- knowing what else is out there.
I live in a city, a rather large one at that. We have all the amenities, but you can buy a gorgeous home, in a great neighborhood, close to everything for $250,000 (actually less, but that is probably like a 5 bedroom home) and furnish it with all new furniture for what most people pay in those cities.
Yes I know that pay is different, but it isn't that different. I do have friends that live in all of those places, and they are amazed at the cost of living.
It reminds me of why most Americans have around $20,000 in credit card debt.