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US Housing Affordability (substackcdn.com)

submitted 2 months ago* (last edited 2 months ago) by Davriellelouna@lemmy.world to c/map_enthusiasts@sopuli.xyz

15 comments fedilink hide all child comments

Source: https://www.construction-physics.com/p/why-are-homes-in-western-states-so/comments?triedRedirect=true

top 15 comments

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[–] Know_not_Scotty_does@lemmy.world 27 points 2 months ago (1 children)

Now include property taxes and homeowners insurance. Most of Texas would shift bright fucking red.

[–] RebekahWSD@lemmy.world 1 points 2 months ago

So would NJ! Property taxes are insane here

[–] pugsnroses77@sh.itjust.works 13 points 2 months ago (1 children)

whats up with idaho

[–] NaibofTabr@infosec.pub 17 points 2 months ago

Low income probably

[–] HappySkullsplitter@lemmy.world 7 points 2 months ago* (last edited 2 months ago) (2 children)

Missouri is weird

None of that is around St Louis or Kansas City

I wonder what role property taxes play in this. Illinois has some of the highest property taxes in the country

[–] aramis87@fedia.io 11 points 2 months ago (1 children)

It's average home prices vs average wages. Things like property taxes and cost of living aren't included.

[–] HappySkullsplitter@lemmy.world 4 points 2 months ago* (last edited 2 months ago)

That's what I was mostly interested in, how property taxes affect home values

[–] 52fighters@lemmy.sdf.org 4 points 2 months ago (1 children)

The areas of Missouri are just low income. I'm from Kansas and I noticed a couple of our yellow counties are college towns.

[–] HappySkullsplitter@lemmy.world 2 points 2 months ago

That is interesting

My mindset while looking at the graph is ridiculously out of control housing prices, but the inverse would also be true of low incomes as well

Certainly makes me feel for those where both situations are true

[–] l_b_i@pawb.social 7 points 2 months ago* (last edited 2 months ago) (1 children)

Fun bit for the west tip of Maryland, that's a resort area so lots of people from NOVA, DC, Baltimore, Pittsburgh, etc... have vacation homes there, greatly inflating the median home price.

[–] Not_mikey@lemmy.dbzer0.com 7 points 2 months ago (1 children)

It's the same with the red spot in north-western Michigan. A lot of cottages for rich people from the southern cities in michigan.

[–] BigDiction@lemmy.world 2 points 2 months ago

C’mon up!

[–] nilloc@discuss.tchncs.de 4 points 2 months ago

On the border of 4-6 & 6-10, yeah. Spent around $150k on rent before moving back in to care for elderly parents.

[–] criticon@lemmy.ca 3 points 2 months ago

Those wolves air dropped to Isle Royale paying a lot for their mortgages

[–] Krauerking@lemy.lol 2 points 2 months ago

Wow. Get why people say Chicago is affordable. Didn't even impact the surrounding counties like other cities.