And why is their housing so costly? Well, supply and demand of course, more people, more competition for available house. But labor costs play a big factor also, If labor cost go up 10%, then housing is going to go up and that is not even taking into account taxes neccessary to pay for all the services both needed and not needed that the community has to pay for. Most cities have higher housing costs than rural areas. I say most because in OKC area, housing seems to be about the same in town. In Texas, and Oklahoma, outside of major metropolitan areas, the cost of living is way, way below anywhere in California.
I would still expect rent to be $500 or so a month even outside of the cities in Texas (I would not know about mobile home costs)
One thing I have never understood about some city dwellers is that they will pay hundreds of thousands of dollars for houses so close together that you can hear your neighbor fart but will not live in multi-family dwellings. Someone needs to start building 1000 to 2000 unit buildings with decent sound proofing between units, cost per square foot would be a lot less and you could rent them for half of what those individual houses cost and still come out ahead. Say around $.50 a square for rent, sounds reasonable, of course, using California labor and meeting Cali code and taxes, you would probably still have to rent for $2.00 a square to break even.
Fewer people can post in this thread now. Don't be next.
