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I live in the wrong darn state

by VM Brasseur on November 16th, 2005

A friend IM’d me a link to this house in East Lansing. Included in the features are such things as…

  • 4 bedrooms
  • 1.5 baths
  • A two car garage
  • A basement
  • Nigh on 2K sq. ft. of space
  • A pricetag of $192,500

This last point, according to the posting, would give me an estimated monthly payment of $908 per month.

$908 is significantly less than I pay right now for renting my apartment.

Compare, if you will, with charming little “piece of history” in Petaluma, CA. It features:

  • 1 bedroom
  • 1 bath
  • 1 car garage
  • “potential”
  • A pricetag of $385,000

I’m not even going to bother figuring out what the monthly payments would be on that one, as the property isn’t worth the effort. In its favor is the fact that it’s on the nicer side of town and appears to be up on a hill which implies there may be a decent view. If there were such a thing as a crack-shack in West Petaluma, this would appear to qualify. And it could be all mine for the bargain-basement price of almost $390K. Oh rapture. Oh providence. Oh sweet mystery of life at last I’ve found you.

Yeah, I’m gonna be one cranky embittered gal once I start my house hunting, I tell ya.

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  1. The Brasseurs permalink

    Now that’s depressing. Of course, you don’t have to worry about snow out there.

  2. Not in my part of the state, anyway. The Sierras are another matter entirely. And, come to think of it, I believe there are actually some parts of the Sierras where you can find a house at a more reasonable rate. You won’t have electricity or indoor plumbing, of course, but sacrifices must be made.

  3. But think about how much better it is to live in Petaluma compared to East Lansing. You can’t put a price on some things. And I know of what I speak, from experience.
    Greetings from beautiful Wilmington!

  4. Hey, Michigan isn’t that bad! There are some very nice people who live there!

  5. That’s not what I meant! I mean, hey, most of my family lives in Michigan too. (Plus Megan, you live in Ann Arbor, which I find to be much more habitable than East Lansing.) I’m thinking more about restaurants, decent grocery stores, cultural attractions, scenery, diversity, etc. I was just trying to point out I’ve discovered there are some good reasons that it’s so expensive to live in CA.

    There’s a bright side to everything, I guess, including living in Delaware.

  6. JoiseyGirl permalink

    The mortgage payment is only part of the fun, throw in taxes and insurance and that house payment in East Lansing would be almost equal to the rent you are paying now. Except most of it would be tax deductible. And I’m guessing taxes alone on the house with “potential” in Petaluma might be close to the mortgage payments on the house in East Lansing.

    This is probably not making you feel any better. I’ll shut up now.

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