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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 - |
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