[quote=deadzone][quote=sdrealtor]So here is some data for EP.
My hometown of Cherry Hill NJ has a median HH income of $105K. It has demographics similar to Carlsbad, top rated schools and healthcare. Its an easy one hour drive to lovely Jersey Shore towns. Its an easy 15 minute drive to Philadephia with great jobs, multiple teaching hospitals some of which rank among the best in the country and Ivy League schools nearby. They have professional sports and world class musuems and theatre in Philly. School funding is among the highest in the country. The median home price is $336K.
The median HH income in St George is under $50K. It has none of that. School funding is among the lowest in the country. The only university was recentlya two year associate degree college. No theatre, no international airport, no teaching hospitals, no major industries, no pro sports, no beaches, no culture or diversity. The median home price is $430K.
And you dont think you just bought into one big time bubble that will come crashing down as soon as the economy turns? You have bought into Hemet circa 2005.[/quote]
You make some good points sdr but come on, lay off the guy. He is going there to retire and live out his golden years among like minded people. Don’t think he cares if the RE bubble bursts in St George. If it bursts there it will be due to the everything bubble bursting anyway (obviously it will crush St George far worse than SD or other areas granted).[/quote]
Exactly and I’ll lay off him when he drops the political nonsense. There is no safety net under St George. It is poised to drop big time no matter what happens here. We have some fundamental things going in our favor. He’s got a handful of disgruntled Republicans he’s banking on who will flee at the first sign of trouble
Another anecdote. $2m plus home closed up here recently. Couple of young IG influencers. One has a wealthy father in Texas who picked up the tab.
