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The variance between US markets trips me out.

I am kind of in constant bewilderment at how vast the difference is in house prices between the top areas of the country and the bottom. I mean it's like two different worlds.

Let's look at CA and WV.

According to this, the avg home value in West Virginia is $107k. The avg home value in CA is $579k.

Even in a not-so-great area like West Sacramento the avg home value is over $300k, which to the avg West Virginian would seem out of reach.

Even in a sort of typical middle America place like Ohio, the avg home value is a bit over $150k. This is a state with over 10 million in population and home to many pro sports teams, fortune 500 companies, and a high number of 4 year Colleges and Universities per capita.

Anyways - I just am beside myself when I think about it. Am I the only one? Do you think this trend will continue? Will the gap continue to widen between the "Californias" and the "Ohios" of the USA indefinitely?

(note: I get the reasons. I grew up in Ohio and have lived in CA for 10 yrs. But I'm still left dumbfounded)

submitted by /u/SeriousPuppet
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source https://www.reddit.com/r/RealEstate/comments/l90vn3/the_variance_between_us_markets_trips_me_out/
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