Comments by "Fumble_ Brewski" (@fumble_brewski5410) on "CBS Sunday Morning"
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@howardjuliewiley5629 As if housing prices in CA, OR or WA are affordable? New arrivals over the past 10 years show an equal mix of both liberals and conservatives, according to the Chamber of Commerce. So, yes, any time a state has reasonably affordable housing, people will be drawn to it. Same thing has happened to Austin, TX, over the past 20 years. My brother moved there in the mid-90's for an employment offer, and purchased a nice, 2-story home for around $250k. Now that same home would sell for ~ $1.25 million, a nearly five fold increase. And who is responsible for all that? Techies moving in from the Bay area of CA, mostly liberal-voting Democrats. So you see, holmes, it cuts both ways. Cheers.
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@howardjuliewiley5629 Ada County voter registration records show an almost even split between (R) and (D), with a large percentage of voters registered as independent/other. Southwest Idaho is where much of the population resides: Boise, 210,000; Meridian, 115,000; Nampa, 99,000. Smaller towns in northern Idaho, such as CDA or Post Falls, would indeed have a higher percentage of (R) voters, but so what? They really don’t factor in that much to statewide elections. I’ve visited both of those locations and, frankly, don’t see the attraction of living there. The climate is lousy, for one thing. Post Falls is rather dumpy, while CDA is nicer, but overpriced and overcrowded. The main focus currently is getting some property tax relief from the legislature and governor. Retired people (like me) are getting squeezed by the continually rising assessments. So much for “affordable” housing. Cheers.
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@philmabarak5421 Property values, historically, increase/decrease as a function of the desirability (or lack thereof) of the particular location. Remember the old adage, "Location, location, location."? Here in Idaho at least, property values for SFH have soared in recent years due to the dramatic influx of out-of-staters, mostly from CA, OR and WA, although for some unknown reason, I've been noticing a lot of Texas license plates lately here in southwest Idaho. (**SFH = Single Family Homes)
More to the point, over the past 10 years there has been a 250% increase in population for Ada County, accompanied by a 260% increase in housing prices for SFH, almost a perfect direct positive correlation. As for the reason why people have been moving into this area, one can only speculate that they perceive it to be more livable and more affordable than their previous location(s). People appear to be fleeing from high COL, high taxes, high crime, and non-responsive state government(s). And this cuts across demographic issues and political ideologies. Ten years ago, someone from the Bay area or southern California could have sold their home for $750k and purchased a comparable one here in Ada county for around $150k, leaving them with $600k to invest, or put into the bank as savings, or to buy real estate for rental income (which many did). Hence, the dramatic increase in rental prices for this area. As near as I can determine, newcomers over the past 10 years from the states mentioned above are pretty much an equal mix of (D) and (R), and this is reflected in the current voter registration figures for Ada county, which show 50% (R), 46% (D), and the remaining 4% (myself included) as independent/other. Hope this clarifies some of the concerns you expressed. And remember, what goes up also comes down, especially real estate prices. Cheers.
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