this post was submitted on 16 Nov 2024
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"Why are blue states always so expensive?!". It's supply and demand. High demand to live someplace makes it expensive.
My million dollar house is worth as much as it is because of its located near high paying jobs, good school, and good neighbors. It's expensive to live where I live because lots of people want to live here.
Yeah, but it's supply and demand. I bet your million dollar home isn't next to an apartment building. Cities would be much cheaper if it weren't for NIMBYs who already own homes insisting that their homes must appreciate in value at all times.
There's higher demand to live in Florida and Texas. Look at the domestic immigration numbers. People are leaving CA, NY, IL and MA in droves.