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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (27723)	3/3/2005 2:51:26 PM
From: RealityNotFantasy	Read Replies (3) \| Respond to of 306849

High Cost of Living diminishes Quality of Life? You wrote: "Wow, that's certainly the first time I've ever seen Minnesota compared to California. Have you ever thought of working for the Minn./St. Paul Chamber of Commerce? :^)" IMHO... Its the NEW REALITY, that's all. Thanks for the recommendation though, but no thanks. I don't want to be mired in fantasy; I prefer reality. Cost of living in Minneapolis/St. Paul, Minnesota is just about the same as in some parts of California. The problem is that there are states that are oblivious to this change and are still using the old model/reality. My view: High Cost of Living diminishes Quality of Life. In my opinion, in the next few years, businesses will migrate to lower cost areas even more so. Though eventually, as a friend and I theorised - that years down the road, cost of living anywhere in the world will eventually be the same or similar. Then equilibrium would have been achieved and there would be less incentives for businesses and people to move to other areas. But for now, movements are still ongoing... Just my two cents....