i'm visiting my brother in law here in Dallas. he lives in Carrolton (sp?) in a beautiful neighborhood. his house is practically brand new, double the size of my little 25-year old townhome in SoCal, and his purchase price is HALF of what my home is worth. of course Big Mac and groceries are roughly the same prices here, but if i can live in TWICE the house for HALF the price in Dallas, it might be worth considering taking a paycut to move out here.

sucks to be in CA, i guess the premium is for the weather? i see a whole lot more hot chicks here in TX than in SoCal malls, hell even the women walking home depot here are way hotter than those in SoCal

 

Actually, aside from homes everything is generally the same price.

The market in SoCal is going to fall out soon -- and a ton of people are going to lose their asses.

 

Socal but not Norcal?

 

probably the same deal - i don't live there so i can't comment with any competency.

 

I'm moving to Texas. Where on my salary I can live in a 600k home with my beautiful soon to be with. The weather is a little bit warmer and the Mexican food is better.

 

I hear you, brother...I live in Orlando, FL and this area is growing like crazy. The real estate market is ever venturing into the ridiculous territory from a cost standpoint. I'm 24 and bought my first home (buy owner) and got luckier than a son of bitch on price. I've lived in the house since march and they just sold a similar house in my neighborhood for about 100K more than i paid for the house. I was actually offered a job in ft. worth, TX and the homes there are extremely resonably priced...mainly because most people dont want to live in TX.

 

Doesn't suck if you already own.

As you noticed, I can move most other places and live like a king...

If it hasn't collapsed yet, and I can't believe what my new neighbors paid, then why will it? Rising interest rates will level it off but I doubt it'll kill it.

 

That's a bit of a stretch. The biggest thing Texas has going for it is space. Land is abundant, cheap, and you don't have to deal with being on a fault line.

 

yea, this is just from the people i've talked to who have lived there. I guess it just depends on what you are looking for.

 

If a big house for a small price is all you're looking for, Texas (anywhere but the coasts, really) is the place to be.