Real Estate: Areas where it is safe to buy

[Bluedevil]

An interactive chart from Smart Money

 

[Travlyr]

Nice chart. Thanks.

Several solid red; no solid green. It will be interesting to compare this with next month.

 

[legion]

Do I really trust a nationwide survey of real estate risk that neglected to include the city of Chicago?

 

[jclay2]

Do I really trust a nationwide survey of real estate risk that neglected to include the city of Chicago?

hahahah, good point.

 

[Allen_72289]

Anywhere the local or state economy is natural resource based and costs are low and few restrictions.

Texas, Alaska, Tennesse, etc.

I would love to buy property in the mountains of eastern washington but the average cost of state regulation on housing 200 k per household.

Might buy a 100 acre farm between houston, austin and san antonio. Low prices, very little regulation, long growing season and stable economy.

Compare that to southern california or chicago land. Cost doubles easily.

 

[Seraphim]

Anywhere the local or state economy is natural resource based and costs are low and few restrictions.

Texas, Alaska, Tennesse, etc.

I would love to buy property in the mountains of eastern washington but the average cost of state regulation on housing 200 k per household.

Might buy a 100 acre farm between houston, austin and san antonio. Low prices, very little regulation, long growing season and stable economy.

Compare that to southern california or chicago land. Cost doubles easily.

New Hampshire real estate seems to be very decent compared to most areas in the states.

I was looking at it today actually. There were houses that were twice (or more) what I got my house for here in Canada for the same price. Very stable State as well.

 

[Jeez]

Keep in mind all house prices are padded 10-25% thanks in part to mortgage tax deductions, only matter of time before that goes away which will pave way for another price drop.

 

[gonegolfin]

Might buy a 100 acre farm between houston, austin and san antonio. Low prices, very little regulation, long growing season and stable economy.

Now you are talking!

Brian

 

[psi2941]

Anywhere the local or state economy is natural resource based and costs are low and few restrictions.

Texas, Alaska, Tennesse, etc.

I would love to buy property in the mountains of eastern washington but the average cost of state regulation on housing 200 k per household.

Might buy a 100 acre farm between houston, austin and san antonio. Low prices, very little regulation, long growing season and stable economy.

Compare that to southern california or chicago land. Cost doubles easily.

watch out for those feral pigs!
YouTube - pig bomb on animal planet part-1
texas has a huge pig problem that kills all of your crop

 

[bunklocoempire]

watch out for those feral pigs!

texas has a huge pig problem that kills all of your crop

Problem? Nah, opportunity.

7.62 x 51mm NATO and a smoker.

I like the Puna District on the Big Island, great DIY potential -lotta rain, decent growing conditions, feral pig for the taking, plenty farmers/ranchers/entrepreneurs to trade with,

and any government restrictions bypassed by being a good neighbor, building a gate, and avoiding banks. Seems more and more sellers are working with buyers leaving out the middlemen.

Of course having an active volcano may not be considered "safe", ...but neither is getting out of bed!





Bunkloco