Small Town USA Competing With India
William Hood writes "According to a news article at ABC, companies are sometimes opting to outsource to rural USA rather than foreign countries. Although it still achieves the same result of lowering the value of a job, I think the idea of moving to a larger house that costs less in a town with no traffic is a much better option than flying to Bangalore to train your replacement." From the article: "Sebeka is 14 miles from the closest traffic light, hours from the nearest Starbucks coffee shop and a far cry from the Chicago suburb he left. 'There is no traffic,' said technical consultant Clayton Seal, who also works in Sebeka. 'Anytime, day or night, you can cross Main Street -- almost don't have to look 'cause there's nobody there.' Seal also lost his job to outsourcing."
Obviously written by someone with no knowledge of the housing market.
Most large metropolitan areas are, and have been the last 5 years or so, in the middle of bubble markets. Some are worse than others, but in almost all cases, those that make the median incomes cannot afford the median home.
Take where I live, Washington DC. We're in one of the worst bubbles in the history of the United States. People who make six-figure salaries cannot afford homes within 50 miles of the District. Even housing in far-flung communities like Fredericksburg VA, Waldorf MD, and even Martinsburg WV are skyrocketing.
The reason is speculation. People are willing to purchase homes they cannot afford out of the concept that they will make massive returns on it later on. They're right -- up to a point. Eventually (many are saying within the next couple years) the price point will level off because there simply aren't enough people who can afford those prices, then once it levels off, the speculation will end, and prices will plummet. Personally, I think it's all a scam engineered by real estate investors, which is why I'm renting.
Rural areas have been spared this. Making 100k a year, you can only afford to rent in and around DC. Making 50k in a rural area, you can afford a large home with acrage and still have enough left over for a very comfortable lifestyle. You won't be wearing the latest fashions and drinking at the finest clubs, but, you won't be expected, to, either.
There's always other friends, and besides, children would probably be better served growing up in a rural area vice a city, with all the problems that they come with.
It's all contingent on what's important to you.
Rural America is quite different from rural Europe in that it typically consists of very marginalized societies that live in their own communities governed by their own rules and frequently exist outside the main judiciary system. Yes I'm talking rednecks with shotguns here.
Rural America, unlike rural Europe does not benefit from equalization funds similar to Europe and resembles Bangalore India much more than it resembles villages in coastal France or northern Scotland.
When you move to rural areas you also give up a lot that is taken for granted in urban environments, that is selection of foods and products, access to culture and amenities and the ability to mingle with like-minded people. There simply is just a lack of everything.
Now, the housing cost compensates a little bit especially if you intend to have more than a couple of kids. What you have to offset this against is the real possibility that even if you manage to hold on to your job your spouse may not find gainful employment in a rural or semi-rural area. This is frequently a problem for my co-workers who have well educated but frequently underemployed spouses and girlfriends.
Rural areas may get hit hard by the impending energy crisis. There is nothing for public transport in where I live and no real chance of seeing any. Having a car is an absolute necessity to even stay fed and clothed. Driving distances tend to be enormous. My work place is 60 miles from my house while the nearest grocery shop is at least 5 miles away.
As a European I can't get over that I have to travel that far for milk and bread with no walkable community. And I'm actually in the main town's subdivision!
Having ended up where I am I'm seriously reconsidering returning to Europe. You can make a little more money working here vs Europe but you have to sacrifice sooo much more!
Your pizza just the way you ought to have it.