With that much money I could buy 8 houses like the one I live in right now.
this post was submitted on 19 May 2024
162 points (96.0% liked)
News
23267 readers
2999 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Where is this magical land of under $200k houses?
Places without anything around you want/need
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.
Some don't have the theater or bowling alleys anymore
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.
If you want some big city live’n, this place in Wyoming’s capital is 160k and has a killer Kiss room.
Ah, so it's a tear-down
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.
800sqft.
Do you only get that room? 😂
With a room like that, do you need anymore?
A kitchen would be nice lol
It's got one. Here's the virtual tour from the listing. https://tour.corelistingmachine.com/tour/titan/?id=8347303&_seoAddress=716-Russell-Ave-Cheyenne-WY-92973&
Oh I didn't realize one of the bedrooms was just had a bed going in the closet
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.
St Louis is shrinking pretty rapidly so it is not surprising to find decently priced homes.
I live in such a town. You could buy a gorgeous mid century style home for less than that. It's very close to one of the best universities in the county. There is an Amtrak station that is 2hrs from a major city. It's only a 2hr drive to two other major cities. A lot of nice bike paths. It's in a large blue state. Only 15-20 minutes to a mid sized city Fiber Internet is available. Cons: Schools aren't the best, because there is quite a bit of poverty because it's a low cost of living area. Property taxes are quite high. So if you don't have kids it is a decent place to live. You could also move out of city limits where you're outside of the school district as that is the majority of property taxes.
Sounds incredible. Where?
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.
I want to go to there!
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.
That’s pretty low. Based on prices in my neighborhood I assumed median was easily over $1M.
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.
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.
We can only hope!
EDIT: /S
Good good, people
If your only hope is the wildfires you have a serious problem