Wednesday, October 15, 2008

The American Dream: Alive and Well (Some Places)

New Geography reports on places where they want a middle class.:
Atlanta: A new 1,500 square foot for a base price of $130,000 – 2.3 times the median household income View listing.

Austin: A new 1,200 square foot for a base price of $106,500 – 1.9 times the median household income View listing.

Charlotte: A new 1,500 square foot for a base price of $133,000 – 2.5 times the median household income View listing.

Columbia, South Carolina: A new 1,500 square foot for a base price of $130,000 – 2.7 times the median household income View listing.

Columbus: A new 1,400 square foot for a base price of $130,000 – 2.5 times the median household income View listing.

Dallas-Fort Worth: A new 1,250 square foot for a base price of $120,000 – 2.2 times the median household income View listing.

Houston: A new 1,300 square foot for a base price of $100,000 – 1.9 times the median household income View listing

Indianapolis: A new 1,500 square foot for a base price of $114,000 – 2.1 times the median household income View listing.

Kansas City: A new 1,200 square foot for a base price of $150,000 – 2.8 times the median household income View listing.

The list could go on and on, including virtually every area of the nation that has not driven up the price of developable land by land use regulations. The American Dream is alive and well where it has not been snuffed out by economics-be-damned urban planning policies.
Some place want a middle class,some don't.