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Old Posted Jul 26, 2019, 4:56 AM
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Pedestrian Pedestrian is offline
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Join Date: Dec 2016
Location: San Francisco
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Quote:
Originally Posted by JManc View Post
Read all of what Crawford wrote: Baltimore and Buffalo aren't more affordable than DC or SF. They have a similar or higher share of income going to housing costs, because incomes are so low.

If I am to interpret this correctly, relative to their respective populations, Buffalo really isn't that much of a bargain compared to SF because the higher percentage of people living well below the poverty line. Houses may in the millions in SF but wages are much higher. I am from Upstate NY and the poverty is pervasive and an $80k house we may think is affordable is waaay out of reach for many families in that area. Contrast to the west coast where $80k is about what people pay for a car.
They pay $3000+ per year to PARK the car. I literally bought a house in AZ 17 years ago for an annual mortgage payment about the same as my garage space rental payment in SF (left the car in AZ garage and ended with no net extra cost for the house).
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