Housing price movement
Jason Roth has worked eight years in Las Vegas before leaving the city, because he could not provide a home here.
“It is extraordinary that people finally achieving the long-term effects of rising house prices,” said Roth, works in the fields of public relations. “I recently married and my wife and I wanted to buy a house. First time, we could not the buyer, incredibly excessive prices in Las Vegas. We had no other choice but to move. ”
Roth and his wife bought a 1,600-square-foot with a pool and a large courtyard in Chandler, Arizona, for $ 170000, about half of what it would cost to Las Vegas, where the median resale price maintenance was 42 percent a year ago, up to $ 250000
“It was unfortunate we had to leave. We love Las Vegas and it lacks. But we had no other choice,” he said. “We wanted to live in a beautiful environment, and we wanted a new homeland.
Roth is not alone. About 40 million Americans drew between 2002 and 2003, U.S. Census Bureau reports. Many of them for reasons of employment, others are closer to the family, and some, like Roth, for less expensive accommodation.
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