[QUOTE]Originally posted by s2000qtee
[B]I know she s u and all, but she should let u try it out.

 

[QUOTE]Originally posted by Ledfoot
[B]

Can I ask a dumb question?

 

[QUOTE]Originally posted by ltweintz
[B]

The only reason I can come up with is that it's less established here.

 

I don't know about Portland, but the cost of buying a home here is ridiculously low. A decent apartment goes $650-750/month here, whereas P&I for a good 3 br 2 ba 2 car house is $500-550/month (plus property taxes and PMI if you need it). $125-150k buys a LOT of house here. A couple coworkers are looking in the $125k range, and 4br, 2 1/2ba, 2 car garage is typical. Of course, the lots are tiny (1/4 to 1/3 acre) and the build quality is crap, but that's pretty common. Reasons?

- Land is plentiful. Look at Fort Wayne on a map - there is nothing hindering growth. It's surrounded by Farms, and is flat.
- The city is overbuilt. Allen County (where FW is located) has a 10-12% unoccupied rate. 2-3% is considered ideal, while many of the big cities out east have 0.5%. All the unoccupied homes drag house values down because people sell them for less than they're "worth".
- Competition between developers. There are a handful of big developers here, and they're constantly putting up new additions. They skimp on the design of houses* and the build quality is 2nd rate, but people buy them because they can get the space the want for cheap.

* A typical addition of 100 houses will have only 3-4 base houses w/ a dozen or so variations. You can drive down the street and see 20 basically identical homes. Often your next door neighbor's house is the same, painted a different color and maybe with different windows.

 

STORY TIME!!!!!

*Jim is sitting in a cell in the basement of a police station...staring at the floor...he hears footsteps echo from down the hall. An officer escorts Kelly to the cell*

Jim: Hey
Kelly: Hi
Jim: I screwed up
Kelly: (mad) I noticed. Care to explain yourself.
Jim: It was just a joke.
Kelly: Jim they don't arrest people for jokes.
Jim Sure they do...just the other day, Pete was telling me that---
Kelly: Jim...what did you do!?!
Jim: (pauses) Well...it's like this.....The boys and I were at Murphy's...having a good time...when this big fat guy starts yelling at us...He's bombed...worse than us...so we decide to get even....while hes half-asleep at his table, John sneeks around the booth and ties his shoelaces together. When he got up and started to fall, I pants him....that's when the trouble started.
Kelly: JAMES EDWARD RAYMOND!
Jim: (cringes) How was I supposed to know he was a congressman?
Kelly: Well if everybody was in on it, why are you the only one being detained?
Jim: I was the only one who got caught. The guy fell so hard, so fast, that he took me down with him. Everybody else bolted and the tank-ass rolled over on me, trying to get up...had me pinned...

*Police Officer unlocks cell and Jim follows Kelly down the hall to freedom*

Jim: (as they walk down the hall) Hey, I was happy I got arrested...If the cops didn't show up to get that f*ckin' whale off me I would have suffocated!

 

i wish that was happening here all houses are overvalued 10 to 15 % for 150k you can barely get a 3 bedroom 1 bath 1 car garage on 1/4 acre and pur property tales are outrageous

 

[QUOTE]Originally posted by Solless
[B]i wish that was happening here all houses are overvalued 10 to 15 % for 150k you can barely get a 3 bedroom 1 bath 1 car garage on 1/4 acre

 

[QUOTE]Originally posted by Solless
[B]i wish that was happening here all houses are overvalued 10 to 15 % for 150k you can barely get a 3 bedroom 1 bath 1 car garage on 1/4 acre

 

i live in a sprawling suburban area not Long Island there is room to grow here

and those condos are much nicer than these 100 year old houses a nice new condo is 175k +

 

:looks at apartment ads"

:shakes head accordingly:

:wishes for beer: