"Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein
At one time I had a notion of how the various government inflation indices were calculated but I would think housing costs must be or should included somewhere. It doesn't seem like their inflation figures account for the big increases in housing costs (or health care for that matter).
That’s exactly what is happening here. But you cannot blame people.
I don't' think you actually know anything about housing costs on the coast, because my rent on a 1 bedroom isn't that much more than I've heard UL paying on a studio (maybe he has since moved somewhere more affordable, because he last place wasn't particularly cheap). And I earn enough that it probably makes up for it and maybe more than makes up for it (while times are good anyway, as sometimes they aren't). If one can afford one's bills, and to save, and doesn't even have debt, what exactly is the issue.When people on the coasts complain about housing costs I say: Then move!
Trees don't grow on money
I pay under $1300.I pay about a grand a month in rent.
Trees don't grow on money
I don't need any of those things. Ok I do have AC and maybe kind of need it Shared washer/dryer on premises. No balcony, but some rose bushes.I have two bedroom, two full bath. AC, dishwasher, W/D, small balcony.
Trees don't grow on money
The PNW wasn't always so expensive; it's only been the last few decades that prices have risen sharply. Fortunately, I was able to buy before real estate really took off. I love it here, and wouldn't move to a flatter place inland for any incentive. Luckily for me, that won't be necessary.
There are currently 1 users browsing this thread. (0 members and 1 guests)