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Cost of Living 50 Years Ago
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vwracerdave
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Joined: November 11, 2004
Posts: 15308
Location: Deep in the 405
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PostPosted: Tue Jan 10, 2023 8:01 am    Post subject: Re: Cost of Living 50 Years Ago Reply with quote

Home values are based on location. The closer you are to an ocean the more valuable you home/land is. Here in middle America where we are a 12 hr drive to the Gulf of Mexico houses are 1/3 the price they are selling for if you live near the ocean on either the East or West coasts.

China is buying up a lot of the rural farm land around here so they can get into the "medical" marijuana trade, but that isn't having any effect on big city housing values.
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finster
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Joined: May 26, 2012
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PostPosted: Tue Jan 10, 2023 8:57 am    Post subject: Re: Cost of Living 50 Years Ago Reply with quote

vwracerdave wrote:
Home values are based on location. The closer you are to an ocean the more valuable you home/land is.


except where there's coastal erosion and your property is getting nearer the sea every day Very Happy
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