Re:How Zillow's homebuying scheme lost $881M
by alistairSH on Friday March 18, 2022 @02:01PM
(#30725445)
Every city, sure, but cities are expensive. Even cities that used to be affordable, like Portland and Austin. But between the cities? Not much. Some small towns might work if you’re the town lawyer or MD, but a town can only support so many of those. And if you’re an engineer or banker? Not much employment.
Portland and Austin are the very essence of "trendy city" those places are very expensive. I'm not arguing that people move to small towns. There are hundreds of cities in the US with 100,000+ populations (not even including the metro areas). The idea that each of these cities is unaffordable and without a job market is just wrong.
Everyone wants to live in NYC, SF, DC, Miami...etc because the other areas aren't cool enough for them.
Re:How Zillow's homebuying scheme lost $881M
by boring_twenties on Friday March 18, 2022 @03:55PM
(#30726764)
Not for long. Salt Lake City was one such city just 3-5 years ago. Now everything has doubled and it's almost as expensive as the trendier cities, without the higher-paying jobs.
Re:How Zillow's homebuying scheme lost $881M
by notreallyserio on Friday March 18, 2022 @02:12PM
(#30725591)
Well, you should just lower your standards when it comes to picking a job, too. Maybe you could be a grocery clerk or a gas station attendant?
I concede that good schools are a major barrier. I'm young and won't be having children anytime soon so I don't think about it much.
Where I live, the public schools are pretty rough. It's cheaper to stay here and send your kids to private school rather than move to a family dominated neighborhood with excellent public schools.