Around here in this county I live in, home ownership is next to impossible,
except for spending at least $75,000 or better. The average small 3 bedroom
house, no basement or garage (slab built) on a half to full acre runs *at
least* 75 grand or better. Go immediately outside of the county lines of
this county, and the similar/equivalent structure is anywhere from 25-50%
less. I guess it is something about Midland county I guess.
Ryan
If you want a recent document with an outline of relative housing costs:
http://www.census.gov/hhes/www/housi.../afford95.html
It shows over a recent time period what I have noted over a longer time
period, which is that less people can afford to buy a modestly priced
house. In 1995, it was 44 percent could not afford to do this, an
increase from 40 percent in 1988.
- Mike KB3EIA -