Indy Is the Place to Live

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	Indy Is the Place to Live

HockeySkates1129

8-8-2007 9:37 AM

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tags:

indianapolis, forbes, housing, housing costs

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8-9-2007 1:12 PM

rmowery

There are lots of cheap places to live with great interesting things to do besides spend hours in traffic like LA. Indy is cool, upstate NY is cool, Iowa, Western PA, and other parts of the mid-west. I think that if more employers would offer telecommute that many of these livable places will become more sought after.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ef8980bf-0cdb-40d4-bd9b-de243ac14acb/957F3F03-AF96-4236-8897-37BDF00838B9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.usatoday.com/money/economy/housing/2007-08-07-forbes-affordable-housing_N.htm" href="http://www.usatoday.com/money/economy/housing/2007-08-07-forbes-affordable-housing_N.htm" style="font-size: 11px;">www.usatoday.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.usatoday.com/money/economy/housing/2007-08-07-forbes-affordable-housing_N.htm"><SPAN class="inside-head">Indianapolis tops 'Forbes' list of most affordable housing markets</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.usatoday.com/money/economy/housing/2007-08-07-forbes-affordable-housing_N.htm"><P class="inside-copy">Homeowners in Indianapolis know what that's like. Its residents don't have to scrimp and save to afford a home at the median price. There, the bulk of the housing stock is well within reach of the average household. Savings depleted? According to our calculations, it would take just two years of gross salary to become a homeowner there. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.usatoday.com/money/economy/housing/2007-08-07-forbes-affordable-housing_N.htm"><P class="inside-copy">The first is a look at the ratio of median home price to median household salary, which determines how many years of gross salary the median household would have to spend to buy the median house. In Indianapolis, where the median household income is $60,383, it would take just under two years of gross salary to buy. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.usatoday.com/money/economy/housing/2007-08-07-forbes-affordable-housing_N.htm"><P class="inside-copy">That must sound pretty nice to the residents of Los Angeles, where the median household income is $58,319, but housing is more than five times more expensive than in Indy.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/957F3F03-AF96-4236-8897-37BDF00838B9/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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