PDA

View Full Version : Life I live in the 2nd most affordable suburb in America


Mr. Flopnuts
03-06-2009, 03:01 PM
I wish someone had told me. I pay over $1000 a month for an apartment that doesn't have 700 sq ft.

http://realestate.msn.com/slideshow.aspx?cp-documentid=17990338#2

Valiant
03-06-2009, 03:10 PM
I wish someone had told me. I pay over $1000 a month for an apartment that doesn't have 700 sq ft.

http://realestate.msn.com/slideshow.aspx?cp-documentid=17990338#2

Skewed results if you ask me..

I am sure there are a 1000's of places in the midwest with a cheaper median..

Hydrae
03-06-2009, 03:14 PM
Median house price at $398,000? :eek:

Bearcat
03-06-2009, 03:16 PM
http://realestate.msn.com/article.aspx?cp-documentid=17989780

BusinessWeek used data from Manhattan-based OnBoard Informatics to select one suburb within 25 miles of the most populated city in each state. The recession has flattened home prices across the country, but the idea behind the list is to help readers find the most for their money within some of America's largest metro areas.

Affordability is No. 1
We evaluated suburbs on a variety of factors but weighted affordability most heavily. We also considered lifestyle (short commutes, clean air, low crime, good weather and green space), the quality of schools and the strength of the local economy. None of the places had populations of more than 60,000 or less than 5,000.

We found places, like Pewaukee, that weren't too far from the attractions of a big city, but also retained their small-town charm. The recession has brought down costs in just about all of these communities. But some of these places have managed to draw in large businesses and new residents even in these difficult times.

Mr. Flopnuts
03-06-2009, 03:46 PM
Median house price at $398,000? :eek:

Huh. I would've figured that awfully low. I don't remember the last time I saw a house in Mill Creek under 500k. It's pretty standard in this part of the world. Seriously, around here, 100k isn't a great income. My wife and I make over that combined, and we're not "well off."

MichaelH
03-06-2009, 05:20 PM
I see two of the towns are outside of Charlotte. I agree that's it's very cheap to live around here but I'd hardly call Charlotte a major city. It's the largest city in North Carolina. But I've had more fun in a college town of 15,000 in Pennsylvania, made the same amount of money and didn't have to deal with the awful traffic and gang warfare.