Housing values

[Amazon 7]

This is what America looks like if you scale each state to the value of its housing

http://www.vox.com/maps/2015/7/16/8978141/us-housing-value-cartogram


This ends up having some features in common with a population density map — a small, crowded state like New Jersey gets big, while a huge, empty state like Wyoming gets small — but with some important differences. Look at Texas, for example. Lots of people live in Texas. More people than live in New York, in fact. And the houses in Texas are, on average, bigger than the houses in New York.
But even though there's more total housing stock in Texas, it's less valuable than the housing stock in New York due to the very high land prices in Manhattan, parts of Brooklyn and Queens, and important swaths of Long Island and the suburbs north of the city.
Similarly, Florida looks big in this chart because of the high value of its beachfront properties.

[headoverheels 333]

My father's two houses (residence and rental) together were worth about what I spent on a remodel on my house in San Jose, CA.

[FlyingRhenquest 1]

It's getting worse in Colorado now that pot and gay marriage are legal. Everyone wants to retire here, now.

I'm trying to teach myself how to set things on fire with my mind. Hey... is it hot in here?

[rmsmith 1]

Home prices in many places are now dependent on government mortgage guarantees, not household income. It's similar to the student loan crisis; colleges lobby for increased guarantees, and tuition quickly rises. A generation or two of "how much a month?" consumers will never accumulate assets having exhausted their best years servicing insurmountable debt.

[Amazon 7]

  FlyingRhenquest

It's getting worse in Colorado now that pot and gay marriage are legal. Everyone wants to retire here, now.

Look at the size of Washington State on that map.... BUT.... my equity has come back..... and when I sell this place... I should get a very nice check with which to buy my blue water cruising sloop....