Quote:
Originally Posted by zx10guy
The area where I live in now is not lower or even just middle middle class. Home prices on average for existing homes are around $400k. The new construction going up around me have single family home starting in the $400s which ultimately end up in the low $500s. The influx of people escaping the higher cost of living in the neighboring counties are is what is driving up the prices of homes here along with changing the income demographics. While comparatively speaking, these home prices are not the tops for this region, they're certainly not at the middle or bottom.
I'll have to find the news articles behind the pact Verizon entered into with the cable companies to stop expansion of FIOS into non existing markets. But that is the primary reason why there has been no FIOS expansion and not because of income demographics.
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So $400k is low cost of living? LMAO