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re: Article from Ohio State blog; truth or butthurt?
Posted on 5/8/13 at 8:32 am to Sheetbend
Posted on 5/8/13 at 8:32 am to Sheetbend
quote:
When states like California have a debt over $600 billion, New York over $300 billion, and Illinois over $270 billion, how do you define poorest states?
He probably used average income without factoring in the cost of living for each state and comparing.
Just about all the states in the south are "right to work" states, while most of the states in the B1G are union states, union jobs mean higher wages, but the cost of living in these states is also higher so making 50k a year in Ohio, for example, is nothing like making 50k a year in Arkansas.
Same with property/houses, both are cheap compared to what you would be able to buy the same for up north, a 200k house on 10 acres in the south would be probably be a 1 million dollar estate up north.
But none of this is ever considered.
Posted on 5/8/13 at 8:33 am to DaleDenton
quote:
Same with property/houses, both are cheap compared to what you would be able to buy the same for up north, a 200k house on 10 acres in the south would be probably be a 1 million dollar estate up north.
Not really, I can buy a house/property pretty damn cheap in Ohio right now
Their real estate market collasped big time
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