Re:Mortgage rates just hit 5%. Buying a home has become a lo...
by refurb on Friday April 08, 2022 @11:42PM
(#30965115)
You realize the Upjohn plant in Kalamazoo is now Pfizer's largest manufacturing site in the US? They actually did the final packaging of their Covid vaccine there.
I have a friend who has worked there for 20 years. He's not making Bay area wages, but he also bought his house for $150k a decade ago (houses are now ~$250k). Public schools are great.
There is no way to "have your cake and eat it too". Large cities are expensive because that's where people want to live and wages are high. In exchange housing is highly priced.
There are plenty of smaller cities with affordable housing. Sure, you might be limited to a handful of employers and yeah, your wages will never be at coastal levels, but that's the trade off.
I have a friend who has worked there for 20 years. He's not making Bay area wages, but he also bought his house for $150k a decade ago (houses are now ~$250k). Public schools are great.
There is no way to "have your cake and eat it too". Large cities are expensive because that's where people want to live and wages are high. In exchange housing is highly priced.
There are plenty of smaller cities with affordable housing. Sure, you might be limited to a handful of employers and yeah, your wages will never be at coastal levels, but that's the trade off.