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09-18-2004, 11:26 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Location: Mesa
Posts: 3,588
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overpriced cities
http://www.msnbc.msn.com/id/5696874/
"Most overpriced places in 2004
Cities where cost of living outweighs growth potential
. . .
Rank City
1. Seattle
2. Bergen-Passaic, N.J.
3. Miami
4. Portland, Ore.
5. Middlesex, N.J.
6. San Jose, Calif.
7. San Francisco
8. Chicago
9. New York
10. Jersey City, N.J.
. . .
The rankings in Forbes' Best Places To Do Business are based on a 1 to 150 scale, where 1 is the best and 150 is the worst. A city that ranks 150 for its cost of living, for example, is the absolute worst of all 150 places in the list. (The rankings we used in this list were based on data from Economy.com and Sperling's Best Places.) The median home prices were taken from the National Association of Realtors' fourth-quarter report on existing family home sales, where the national average was $170,800. (The median home price in Jersey City was not available, however, and the median home price in San Jose came from the Santa Clara County Association of Realtors.) The cities are ranked in the order of the most overpriced to the least overpriced. "
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09-18-2004, 11:36 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: overpriced cities
Would have been cool for them to list the underpriced ones as well! :-/
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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09-18-2004, 11:39 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Location: Mesa
Posts: 3,588
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Re: overpriced cities
 Quote:
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Would have been cool for them to list the underpriced ones as well! :-/
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Yeah . . . or at least provide a list of the top 50 to 100.
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09-18-2004, 11:41 AM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: overpriced cities
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Are they trying to say...
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09-18-2004, 12:46 PM
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#5
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Are they trying to say...
... that I'll have $5.9M left after paying estate taxes? Can I get a viatical settlement on that?
And while Washington DC is listed as the worst place to die, I suspect that the study left out the "ease of facilitation" factor...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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09-18-2004, 03:01 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Feb 2003
Location: Mesa
Posts: 3,588
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Re: overpriced cities
Quote:
I'm not going to believe these results until they poll people who have actually done it in each of the states. 
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09-18-2004, 05:21 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Re: overpriced cities
We can split the load.
You die in the 25 eastern states, and when you're done you can let me know of any good methods or procedures you've discovered.
Then I'll die in the 25 western states and when I'm done we can compare notes.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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