So says this article criticizing California Governor Newsom.
I recall highest price homes are in Hawaii, California and Alaska.
Property taxes will vary with state region and can be a real kicker.
Houses in NJ and DE cost about the same but NJ property tax is 3 to 6X what we pay in DE. Lower DE with lowest tax is becoming loaded with NJ retirees.
You see a lot of these HGTV fixer upper shows and they show CA houses. People make a fortune doing it as prices are so high.
With all the movie and TV stars in California, and high technology making millions every year and building 10 to 100 million dollar houses no wonder the median is so high compared to Nebraska. However that does not help the workers in California that are in low paying jobs.
"All the market will bear". Pure, unfettered market economics at work.
Cindy Hamilton
Maybe I've seen too many small towns dying over the years. Much of what I see is rural. Farms are getting bigger and the rural population is disappearing. Things like grocery and hardware stores can't stay in business. Schools have to merge. The coops that supply farming needs and buy grain merge also. It seems the last thing to close are the bars that might serve a bit of food. The administration is going to fund building 100,000 houses.
It seems silly that you would expound on something you have no clue about.
Nebraska is not California; simple comparisons are meaningless, since nobody _wants_ to move to Nebraska.
It is more than market economics, geography also plays a role; particularly in the Bay Area where there isn't any land left to build on.
Many comparisons ar meaningless. Does the California home price figure in the homeless because of the high prices ? What percent of Nebraska is homeless.
If I put my head in an oven and my feet in liquid nitorgren I will be at a comfortable 72 deg F.
Perhaps you can elaborate on the reasons that small towns are dying and how what you would do to slow down or reverse the trend.
A valid comparison is by definition meaningful.
Supply and demand drives housing prices in California and elsewhere.
Nice try to change the subject.
Note that half the housing stock in california is _less_ than the median price by definition.
Note that the population of California is almost forty times that of Nebraska.
Note that, regardless of the size of the state, in the areas that people want to reside, geographical restrictions exist that prevent the urban sprawl so common in other states like Texas. This, of course, makes the land more valuable (supply and demand, again).
If you were homeless, would you stay in a state with shitty weather and cold winters, or migrate to California?
(Or like, Las Vegas, buy bus tickets for the homeless and _send_ them to California)
No he will not. There is no cure for TDS.
Rally?
Drozd said the center?s research shows that Nebraska continues to grow naturally through births.
Plus, he said, more people are moving into Nebraska than are moving out, a trend that has carried on for three consecutive decades.
Nebraska's population should have grown 13% during the past decade, just from children being born to residents.
2019: 24755 children were born in Nebraska.Over a decade, that's approximately 247550 births:
$ printf '%f\n' $(( 247550.0 / 1934000.0 ))
0.127999Which is about 13% growth over a decade (it would be higher, but the birthrate has declined over that decade).
So, Nebraska has had a net _migration out_ over the last decade if they only grew 7.4%.
I am amused by all of those California millionaires bitching about income inequality as they are stopping to buy oranges from an illegal on the side of the road in their Benz.
Supply is part of supply and demand, isn't it?
Cindy Hamilton
Yep.
That varies, sometimes it is, sometimes it isn't.
And periodic inspections by the landlord's agent.
They said that about Wyoming and Montana and now they are swamped by California refugees. Nebraska may be next. Warren Buffett likes it there. Acela Corridor refugees are pumping up our real estate prices here. PreFIRM shacks that should be torn down are selling for $300k and those "Yorkers" are snapping them up thinking it is a bargain. I guess they are trying to wash the money they made when someone paid too much for their house up north.
now behind a pay wall
That?s because, like Mao said, there is nothing else to do there but f*ck.
See.
A likely story.
The local news had a story a few months back about the shacks that should be torn down were being offered and taxed at a rate of around $
250,000. Just so the 'rich people' could tare them and build in town. The ones in the shacks can not afford the taxes on them.The way I understand it is that houses up north are about 3 times the price of around Charlotte, NC (or were a few years back) and you have to buy/build a house equal or greater than the one you move out of , or pay a bunch of tax on the house you move out of.
HomeOwnersHub website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.