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View Diary: Minimum Wage Map by State... What A Surprise! (updated) (253 comments)

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    •  Not that I am supporting low min wage.... (1+ / 0-)
      Recommended by:
      mariva

      But in the 'middle' of the country... you can can buy a house for $60k. A nice one.

      LetsFight. re handle: Fight the radical right is the sentiment!

      by letsfight on Wed Jun 21, 2006 at 05:31:45 PM PDT

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      •  Finding a job (4+ / 0-)

        Finding a job to pay for it is another story

        Get the lobbyist out of campaign finance. Piblicly funded election is the only way

        by Luetta on Wed Jun 21, 2006 at 07:25:48 PM PDT

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      •  A decent one? In a decent neighborhood? (0+ / 0-)

        I live in the middle of the country, sort of, and although there are houses a dozen blocks east of me that are worth only ~$60k, they are dilapidated and at risk of getting bullet spray through the front window during a gunfight.

        This is true in most large midwestern cities. In rural areas, you may be correct, but other than CA, CT, MA & RI, all states feature rural pockets where you can find fixer-uppers for $60k.

        •  Not that I know of. (1+ / 0-)
          Recommended by:
          mataliandy

          There are houses around here that sell for ~$60K, but they are technically known as "crack houses".  There are some that sell for that amount in rural areas, but generally they don't have many amenities (like a solid foundation).  However, you can get a decent (though certainly not opulent) house for >$150K even in the urban areas around here, which is affordable assuming one has a college degree (and the unemployment rate ranges from low to exremely low in this part of the country).

          •  where exactly is 'this part of the country' (0+ / 0-)

            I'm in Minneapolis, and all but the North Side has outrageous housing prices compared to 5 (50-100 percent increase) and 10 years ago (300+%).  Of course, we'll see what happens to prices over the next couple of years with rising interest rates...

            Fighting Dem Tim Walz (MN1) for Netroots Support! "Never separate the words you speak from the life you live" - Paul Wellstone

            by vome minnesota on Wed Jun 21, 2006 at 09:32:20 PM PDT

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            •  To the south of you. (2+ / 0-)
              Recommended by:
              pHunbalanced, vome minnesota

              Kansas City.  Minneapolis has always high housing prices when compared to the rest of the region, and the gap has probably widened (I think Minneapolis had housing price increases that were in the top 10 or 15 nationally for a few years).  Nevertheless, I just did a search on realtor.com and found some houses in St. Paul <$150K that appear to be OK, though not great.  I did another search, and there are a few decent condos in Eden Prairie (~1200 sq ft) for about $150K -  and there may be one more in a couple of weeks, if my cousin doesn't sell his fucking condo before his wedding.</p>

        •  Within an hour of Indianapolis... (1+ / 0-)
          Recommended by:
          mataliandy

          (which is commuting distance, now)you can get a three-bedroom house with a half-acre of yard for around 75 thousand.

          Of course, you're an hour from Indianapolis, three and a half hours from Chicago, and you have a cornfield at the edge of your backyard. But it's affordable.

          And then there's the issue of where's the job to pay for it....

          •  Bad Idea if you ask me... (1+ / 0-)
            Recommended by:
            pHunbalanced

            Do not forget what it will cost to live so far away...

            If you have a 40 mile commute, and work the national average of 17.5 days per month  that is 1400 miles per month.  Think about just the cost of that in dollars.  You could save money by buying a more expensive property closer to your place of work.

            Even if you assume that you will have access to inexpencive, low maintnance, fuel efficient cars, (say, $10K for a car that gets 35 mpg and will last 200K miles without major repairs, which is pretty unrealistic) you are talking about spending an extra 200$/mo on commuting, and that is counting on long term access to $2.50 gas...  

            If you go with standard reimbursment rates for the use of personal vehicles of 21 cents/mi you are talking about and extra $300/mo for commuting.

            A 30 year mortgage on a 75K principle is under 500/mo.  You could be buying a more expensive house if you had less than half that commute... If the gas price goes up, you now need a way to pay for it, every month.  When (not if) you need to replace your car, do you think the price of cars will have gone up?  Your morgtgage payment on a closer house will stay constant.

            On top of the financial considerations, what is 2 hours/day of your time worth?  Do you think your commute will continue to be 1hr as suburbia sprawls and traffic increases?

            I found that a half hour commute by car through suburbia sucked the soul out of me, now I have a 25 minute commute, but it is a walk-bus-walk commute, and it deffinately doesn't suck...

            "How is it pro-family to prevent people from getting married?" -Me

            by tamman2000 on Thu Jun 22, 2006 at 09:37:29 AM PDT

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      •  yeah, out in the middle of nowhere, Arkansas (2+ / 0-)
        Recommended by:
        mataliandy, EconAtheist

        Where you have to spend 2 hours a trip to get to and from your work while spending tons of money on gas to get there and back.

      •  that's out in the middle... (0+ / 0-)

        ....of BFE. where there are no jobs.

        go to a decent-sized city and housing prices substantially increase...

        The radical invents views. When he has worn them out the conservative adopts them. - Mark Twain

        by FemiNazi on Wed Jun 21, 2006 at 10:43:03 PM PDT

        [ Parent ]

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