Housing costs

Funny how things change: It was just a few months ago that we were supposed to be envying all those regions of the country that had a “robust economy.” But looking at this map, I see there are some hidden drawbacks to all that prosperity: immense and possibly unaffordable housing costs. Costs which seem to have people upset enough these days to produce a map such as this. But why are people so worried about this now? (Maybe because… I don’t know… a lot of that alleged prosperity we’ve been so envious of may yet prove to be built on bubbles and bad paper? Oh, I’m just being silly now.)

This map looks misleading when it comes to New York, and appears to reflect downstate home prices. But in the Syracuse metro area, only 27 percent of the mortgaged homeowners have housing costs that are more than 30% of their income. Which means, upstate New York as a whole is possibly close to the color of West Virginia on this map. (Except, West Virginia has lower property taxes.) Take that as you will, for better or worse. And pass me sum o’ dat moonshine, Pappy.

5 Replies to “Housing costs”

  1. You could replace this map with that red state/blue state map and still come up with the same discrepancies. Is it me, or aren’t all the high tax/high cost states all blue states, run by “liberal” policy? Isn’t there a greater discrepancy between rich and poor in such states?

  2. You makin’ fun of us barefoot-and-drinking-finger-lakes-wine Appalachian folks livin’ in cheap homemade houses and cannin’ applesauce? Well, don’ come aroun’ lookin’ fer any BBQ venison when yo’ in town, then.

  3. I’m awfully tired of the red state/blue state dichotomy being used to “prove” political points. Among the many anomalies of the red/blue map is that the map is an almost perfect transcription of slave/non-slave states, but I don’t think it’s germane to any point I make on racism. The red states are also have the highest rates of divorce, but should I use that to make a cheap point on morality, fidelity and loyalty? Educational attainment in public high schools are also superior in blue states, despite the more diverse student population. Could it be because blue states see an investment in public schools and public health rather than confiscatory tax policy?

  4. Yow, dude, keep your shirt on.

    I was referring to politics.

    “Investment” in public schools? Can you hear me laughing? That’s one of the riskiest and least profitable investments in America.

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