• jordanlund@lemmy.world
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      1 year ago

      There are, but you can’t make a living there.

      It’s all proportional.

      Let’s say you want to live in a low cost of living state:

      https://www.ramseysolutions.com/real-estate/cheapest-states-to-live-in

      Mississippi.

      OK, I don’t know why anyone would want to live there, but sure, let’s look at the numbers.

      https://www.census.gov/quickfacts/fact/table/MS/BZA115221

      Per capita income in past 12 months (in 2021 dollars), 2017-2021 - $26,807

      Persons in poverty, percent - 19.1%

      https://www.zillow.com/home-values/34/ms/

      “The average Mississippi home value is $174,932.”

      You aren’t buying a $175K house making $12.54 an hour. It’s not happening.

      • FlowVoid@lemmy.world
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        1 year ago

        You need to use median household income, not per capita. It’s $49,111 in Mississippi according to your source.

        The ratio of home price to household income is typically between 4 and 5 in the US, so the median family should be able to afford the median house in Mississippi.

        • icydefiance@lemm.ee
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          1 year ago

          Household income is absolutely not the right metric to use here, because it’ll always be proportional to the cost of the house out of necessity.

          For example, if the cost of a house goes up relative to individual income, then more people in the family need to start working more hours, and more people live with roommates.

          Household income stays proportionally the same, always, but individual income shows you how much people are struggling.

          • FlowVoid@lemmy.world
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            1 year ago

            No, it’s not the right metric. Which is why people don’t use it.

            Imagine you make $160K and buy the nicest house you can afford with that income.

            Then you get married, and your spouse makes $100K. Your household income has increased to $260K, which means you can afford an even nicer house.

            Your per capita income has decreased to $130K. By your logic, you can’t afford a nicer house. In fact, with a second income you might no longer be able to afford your current house. That’s nonsense.

            When multiple people live in a house they all have the opportunity to contribute to paying for it. Some may contribute a lot, some (like children) may contribute nothing. The house you can afford depends on the total amount everyone contributes, aka household income.

            if the cost of a house goes up

            This doesn’t make sense. The cost of a house is fixed when you buy it. It won’t ever go up while you live there.

            • icydefiance@lemm.ee
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              1 year ago

              People didn’t used to need a second income to afford a house. Now they do.

              Household income doesn’t show that change. Individual income does.

              • FlowVoid@lemmy.world
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                1 year ago

                The median income for a single-income family is $78K. That’s enough to afford a house that costs $310K-$390K.

                  • FlowVoid@lemmy.world
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                    1 year ago

                    When everyone needs a separate individual house that they refuse to share, then per capita income will be relevant.

                    But in the real world, people buy houses because they want to share them with their family. On average, 2.5 people live in a single house. And the median household income is $63K in Michigan.

                    So if you really want to look at per capita income, that means there is $87.5K (2.5 x $35K) available to buy a house, which is easily enough to afford a $300K home.

      • interceder270@lemmy.world
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        1 year ago

        Yeah, my house was only $60k. 1,200 square foot. Wasn’t the best deal I could get, but I’m satisfied with my purchase.

        I was also looking at houses in a similar price range in Mississippi.

        You don’t “need” to spend ‘average price’ for a nice house. You choose to because you want the luxuries that cause the price to go up.

    • Flying Squid@lemmy.world
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      1 year ago

      “If you want to move to a shithole, you can get a good deal on a house” is not the persuasive argument you think it is.

      EDIT: Just so you know where this person is coming from, they’ve moved on to talk about how fascism isn’t so bad from a “global perspective” and being anti-fascist is just “tribalism.”

        • Flying Squid@lemmy.world
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          1 year ago

          Yeah, there are plenty of other places you can live though.

          Sure sounds like your argument to me. But do tell us the non-shithole places you can live where houses are less than $300,000.

          • FlowVoid@lemmy.world
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            1 year ago

            Places with median home prices under 300K and Democrats in state government:

            • Buffalo, NY
            • Rochester, NY
            • Michigan

            (Since you live in IN, you don’t need me to tell you that Michigan is a pretty nice state to live in).

            • icydefiance@lemm.ee
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              1 year ago

              I live in Michigan. Most of the houses below 300k are either so far out in the sticks you can barely even get Internet, or they’re in dangerous and very run down areas.

              There are a few nice places listed at 250k, but they sell instantly and for quite a bit above what they’re listed at, so it’s not like you can actually get one of them.

              • FlowVoid@lemmy.world
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                1 year ago

                The median price is under 300K, so at least half the houses in Michigan cost less than 300K.

                So what you’re saying is that more than half the people in the state of Michigan live in houses that are not nice enough for you?

          • interceder270@lemmy.world
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            1 year ago

            @jordanlund already linked saying the average price for a home is 170k in Mississppi, and even that isn’t necessary to find a nice place.

            My house was only $60k and it’s 1,200 sqft and 10 minutes from a hospital.

            The real issue here is your entitlement. You think you’re ‘too good’ to live in places that many others do because you think you’re better than them.

            Well, if you’re so much better than them then pay up, lol. The problem with you people is that you think you’re entitled to live in expensive places, but you’re not actually valuable enough to society to have a salary that can pay for them. Then you want other people to foot the bill so you can continue to have more than those living in what you deem ‘shitholes.’

            You’d come across as more genuine if you just admitted it. But you won’t. Nobody wants to acknowledge their entitlement, lol.

              • interceder270@lemmy.world
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                1 year ago

                “The entire state of Mississippi isn’t good enough for me, but I’m not entitled.”

                Yeah… supply and demand applies to you too, buddy. We can’t all live in the Bahamas (which is actually surprisingly cheap), but that doesn’t make ‘regular’ places like Mississippi shitholes. You can live a higher quality of life than the vast majority of people in a $60k* house in Mississippi.

                *I haven’t been house searching for 2 years, it’s overwhelmingly likely this number has increased to $70k or even $80k. Still way way cheaper than what you think a house should cost.

    • captainlezbian@lemmy.world
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      1 year ago

      Do those places have even remotely comparable work, laws, or amenities? Because yeah you can buy a dirt cheap house 5 mountains from the nearest city in rural Tennessee, but it’s a terrible place to live and you won’t be able to find work.

      That’s not a crazy price, that’s like outskirts of reasonably sized city price.