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263 sats \ 5 replies \ @anon 6 Jul \ on: Explain this chart: Why Are Homes in Western States So Expensive? charts_and_numbers
I live in the West Coast and I can confirm that prices are ridiculously high. Me and my wife have been trying to save money(as well as stacking sats) to buy a house for our family and we have just keep get priced out.
I work in construction and I can also confirm that the area around here is beautiful and the weather is great which increases demand.
I grew up north of Seattle. My dad was in construction, but it was still possible to buy in then. Now, it's really not feasible for trades to do unless you have double income, or help from boomers.
Average age in the traded is like 55 though, so maybe it'll start to pay so good that it keeps up with the home prices.
It's such a good part of the world, though.
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Yes, the Wes Coast if beautiful and also construction doesn’t pay as good unless you have your own company. I’m getting to the point where I’m thinking about starting my own business just so that me and my wife can afford a home but even starting a business comes with more taxes.
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and more risk
most small businesses fail
not trying to discourage you only questioning your assumption
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Seattle used to be a beautiful city, not anymore
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CEQA rules and compliance makes construction 5x more expensive
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