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In These Cities, Jobs Are Plentiful And Housing Is Cheap

Tyler Durden's picture




 

If there are two things that are scarce in the US it’s good jobs and affordable housing. 

As we’ve shown on any number of occasions, the “strong” jobs market is largely a fabrication — a creation of the BLS which, like the BEA will do what it has to in order to ensure that the myth of the US economic “recovery” can be sustained.

In the real world, those with newly-minted master’s degrees are forced to wait tables while those fortunate enough to find work labor under non-existent wage growth while the Jamie Dimons of the world (perhaps that’s unfair, there’s only one Jamie Dimon) get rich on the back of Fed policy designed to enrich the wealthy while everyone else awaits a trickle-down “wealth effect” that will never come. 

As for affordable housing, the following graphic from the National Low Income Housing Coalition betrays a sad fact. In no state in the union can a minimum wage worker afford a one bedroom apartment

 

But all is not lost, because apparently, there are some places in America where the Goldilocks combination of good jobs and affordable housing actually exists. The following interactive graphic from Zillow shows where the so-called “sweet spots” are:

 

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Thu, 06/04/2015 - 19:05 | 6164771 foodstampbarry
foodstampbarry's picture

Fuck you Bernanke! Fuk you Mr. Yellin!!

Thu, 06/04/2015 - 19:13 | 6164804 Skateboarder
Skateboarder's picture

All of those min. wage slackers need to go to kollege. Don't they know that kollege is the doorway to better paying jobs?

/sarc

Thu, 06/04/2015 - 19:44 | 6164891 Stuck on Zero
Stuck on Zero's picture

Forget Kollege.  Welfare gives you a whole lot more and there's nothing to pay back.

Thu, 06/04/2015 - 20:03 | 6164957 TeraByte
TeraByte's picture

An excellent idea
And after four more wasted years now in academia and gathering a debt of 100k, you could again start searching employment as a waitress. There would be hell of less people available for seasonally adjusted unemployment statistics. Does today´s administration have a suggestion box?

Thu, 06/04/2015 - 19:43 | 6164890 Thirtyseven
Thirtyseven's picture

Fuck you [insert any jew thief/warmonger name here]!

Thu, 06/04/2015 - 23:23 | 6165509 Pava
Pava's picture

there is 10 goym thiefs for every jew/thief...you might be one of those 10

Thu, 06/04/2015 - 19:05 | 6164772 fastrakn1
fastrakn1's picture

We're all going to be living in the streets bitchez!

Thu, 06/04/2015 - 19:19 | 6164824 salvadordaly
salvadordaly's picture

Living in the streets? I'll be living in my van,,,,, DOWN BY THE RIVER!

Thu, 06/04/2015 - 19:49 | 6164917 FreeShitter
FreeShitter's picture

March, man....Tennesee...... sniff the pine....... sniff that cross mounted pussy down by the river....WOOHOO,  HOT DAMN!

Thu, 06/04/2015 - 19:58 | 6164936 claytonmoore50
claytonmoore50's picture

"Down on the corner, out in the street

Willie and the Poor Boys..."

Everyone sing along...

Thu, 06/04/2015 - 19:58 | 6164940 kchrisc
kchrisc's picture

"Living in the streets? I'll be living in my van,,,,, DOWN BY THE RIVER!"

Not so fast.

Your van will be seized and sold for nonpayment of taxes on it. You cannot live by the river because a wealthy pol, crat, bankster or one of their cronies owns that land. You will be hunted anyways for not appearing in court to answer for living off the grid and not providing adequate proof of dependence on the state and utility companies.

Liberty is a demand. Tyranny is submission..

Thu, 06/04/2015 - 19:12 | 6164791 Cautionary Tale
Cautionary Tale's picture

Aaaah I get it... The cities with the MOST interstate underpasses combined nearby fast food restaurant clusters.

Thu, 06/04/2015 - 19:14 | 6164806 espirit
espirit's picture

South Dakota it is then.

Thu, 06/04/2015 - 19:17 | 6164820 world_debt_slave
world_debt_slave's picture

moved to SD in 2012 from CA, but rentals for one bedrooms is tight, took from July 2012 to Nov 2012 to get one back then and worse now.  Seems everybody is trying to move here.

Thu, 06/04/2015 - 19:57 | 6164938 espirit
espirit's picture

Caves are the in 'thing'.

Might try Washington's Eye Socket.

Fri, 06/05/2015 - 00:00 | 6165586 A Nanny Moose
A Nanny Moose's picture

U be a turist skum

Thu, 06/04/2015 - 20:04 | 6164952 claytonmoore50
claytonmoore50's picture

"moved to SD in 2012 from CA, but rentals for one bedrooms is tight,..."

Probably because of the shale boom.

Should get looser now that the Saudimites have effectively squashed the shale boom

Thu, 06/04/2015 - 19:46 | 6164903 Thirtyseven
Thirtyseven's picture

Gotta be Oklahoma.  I only had to go their once to realize there's no reason aside from a really good friend to ever go back there.

Thu, 06/04/2015 - 19:13 | 6164800 Bay of Pigs
Bay of Pigs's picture

Good grief. Hard to imagine a worse possible scenario for the housing market even though we had a crash just a few years ago.

Thu, 06/04/2015 - 19:15 | 6164812 Freddie
Freddie's picture

So Atlantic City, NJ is not good?  Damn, I had my bags packed.  I heard it was like heaven there.

Thu, 06/04/2015 - 19:16 | 6164819 QQQBall
QQQBall's picture

Fresno, CA and sweet spot are rarely heard in the same sentence...

Thu, 06/04/2015 - 19:32 | 6164862 mvsjcl
mvsjcl's picture

Go Bulldogs!

Thu, 06/04/2015 - 19:47 | 6164905 Thirtyseven
Thirtyseven's picture

Unless you're into Meth.

Fri, 06/05/2015 - 00:01 | 6165588 A Nanny Moose
A Nanny Moose's picture

...or growing pot in the National Parks.

Thu, 06/04/2015 - 19:19 | 6164823 Quus Ant
Quus Ant's picture

Here I come, Greeley, CO!  I'm bringing a few nuggs to share so make room at the table....

Thu, 06/04/2015 - 19:22 | 6164829 tarabel
tarabel's picture

 

 

Don't forget to pack clothespins for your nose. Meat pakcing and sugar beets really reek.

Thu, 06/04/2015 - 19:24 | 6164835 Quus Ant
Quus Ant's picture

Sugar beets?!  This just keeps getting better.

Thu, 06/04/2015 - 19:26 | 6164841 RacerX
Thu, 06/04/2015 - 19:26 | 6164844 Dre4dwolf
Dre4dwolf's picture

Housing is affordable because no one can afford one.

 

Thu, 06/04/2015 - 22:16 | 6165338 Boomberg
Boomberg's picture

After reading that sentence, after about two seconds the deep inner meaning of it flashed like the sun inside my consciousness, and I have attained full enlightenment. Thank you. 

Thu, 06/04/2015 - 19:31 | 6164856 pocomotion
pocomotion's picture

People need to grow where they are planted.  That said, let's start bashing me.  Oh, just give our elected rulers time to fix things and don't bug them unless you cannot survive through the down-turns. 

Have faith and visit the people in the cemeteries that went before us.  That should be a blessing for you.  You never wanted to go there anyways.  Now's the time; oh, bring some flowers...

Thu, 06/04/2015 - 19:39 | 6164878 Implicit simplicit
Implicit simplicit's picture

As shown, the market is really is in a lot of bubbles everywhere you look.

Thu, 06/04/2015 - 19:49 | 6164913 carbonmutant
carbonmutant's picture

That California cluster to the right shows what would be happening in the rest of the chart if the current Employment numbers were real.

Thu, 06/04/2015 - 19:49 | 6164914 adr
adr's picture

Let's see, government statistics crossed with Zillow statistics and I'm supposed to believe a word.

Zillow said my house was worth $140k and I had to sell it for $118k. 

This is all bullshit.

Thu, 06/04/2015 - 19:56 | 6164932 adr
adr's picture

The best big city is Atlanta?????

Bwahh hah ha ha ha ha. Yeah right.

Chicago is the median. 

Can we cross this chart with gun homicides by Canadians and see what it looks like.

Google has been overpaying for a lot of tech companies in Colorado. Boulder has become a mini silicon valley. Probably explains the chart there.

 

Thu, 06/04/2015 - 20:01 | 6164948 espirit
espirit's picture

At least in Atlanta open rifle carry and level 3 body armor is legal.

Thu, 06/04/2015 - 20:49 | 6165088 trulz4lulz
trulz4lulz's picture

There is a perfectly good reason for that.

Thu, 06/04/2015 - 20:00 | 6164946 Zgangsta
Zgangsta's picture

If Detroit is indicative of the rest of the cities in this list, then I think I will pass.

Thu, 06/04/2015 - 20:05 | 6164965 kchrisc
kchrisc's picture

One should correlate this data with the likelihood one is to be robbed, tazed, tortured, maimed, or killed by the state or locale's gun and badge thugs.

"We pulled you over mam because our database tells us that you only pay $450 a month in rent. Therefore we're going to have to extract $250 from you here today, and give you $2,343 in injuries. Please step out of the car..."

Liberty is a demand. Tyranny is submission..

Thu, 06/04/2015 - 20:48 | 6165080 trulz4lulz
trulz4lulz's picture

Muskewgan, Michigan would be nice. The police in Michigan aren't too terrible either. Plus they have funny light on the tops of their cars and they still dress like civilian peace officers. Its pretty strange.

Thu, 06/04/2015 - 21:12 | 6165166 Thirtyseven
Thirtyseven's picture

Michigan, ex-Detroit & Flint, is a fairly nice state. 

Not a fan of the 6% state income tax, but COL is low.  Lots of woods, small towns, and some truly rural areas.

Thu, 06/04/2015 - 21:47 | 6165264 Dickweed Wang
Dickweed Wang's picture

I've been to 45 of the 50 states and would rank Michigan in the top 10% of all the states in the USA.  Even the areas (suburbs) outside dreaded Detroit are some of the nicest places in the country (particularly the NW suburbs) . . . especially if you like outdoor living, lakes and watersports.

Fri, 06/05/2015 - 04:31 | 6165824 J Mahoney
J Mahoney's picture

Outdoor living = shovel the snow off your roof in the winter--- Go Texas !!

Thu, 06/04/2015 - 21:56 | 6165289 kchrisc
kchrisc's picture

Michigan, great state.

Was driving around the UP in '99. Beautiful, but of all my road trips, that was the creepiest. Mile, after mile, after mile of nothing but planted forests. I felt like I was in a creepy episode of the X-Files.

Nice young woman at a little family store told me that I better get a cabin, and not tent it, as rain was expected. I almost ignored her, as "how bad could a little rain be?" My God, it came down in BUCKETS--no wind, just BUCKETS of rain in Quarter sized drops.

I loved Mackinac Island. Just awesome.

Liberty is a demand. Tyranny is submission..

Fri, 06/05/2015 - 06:07 | 6165875 22winmag
22winmag's picture

The money for taxpayer-funded steroids for police does not grow on trees.

 

It must be extracted by force.

Thu, 06/04/2015 - 21:16 | 6165180 MachoMan
MachoMan's picture

Arkansas here...  I can attest that it is about the cheapest place to live in the country...  which is why everyone and their fucking brother is moving here.  Our housing was not overbuilt for the most part (little bit in NW AR), so we haven't had any pop...  and there are still plenty of decent paying jobs, sufficient to raise a family, without much debt, and have decent amenities.

Fri, 06/05/2015 - 00:29 | 6165643 Moe Howard
Moe Howard's picture

Any cheap housing around Whitewater?

Fri, 06/05/2015 - 00:28 | 6165639 Moe Howard
Moe Howard's picture

Louisville / Jefferson County KY is in the "sweet spot" but the housing cost numbers are skewed by the extremely low prices for housing on the Canadian West Side. Every other house is boarded up and has "copper already stripped" spray painted on the plywood. There are shotgun shacks built back before WWII all over the place. I guess if you can manage to live in a shack and work at Yum foods HQ as an exec, it might be a sweet spot.

Fri, 06/05/2015 - 06:39 | 6165903 22winmag
22winmag's picture

Mr. Truman drops atomic bombs on women and children and it my father who is posthumously adjudged a war criminal.

 

At Yalta with a sweep of a pen, a senile president condemns a third of the world to communism.

 

Europe with the zeal of a missionary gone mad, hands over the wealth and resources of Africa to savages who have barely learned to beat a drum.

 

Then you give them tanks and arms to replace their bows and arrows.

 

And when your freezers arrive, they use them to store their enemies for dinner.

 

I have the grace not to mention Vietnam.

 

All over your brave new democratic world, inflation spirals as literacy drops.

 

And in America? They vote for law and order whilst shooting down Presidents, schoolchildren, and rock stars in the streets.

 

The Holcroft Covenant (1985)

Fri, 06/05/2015 - 11:30 | 6166790 dizzyfingers
dizzyfingers's picture

One of those cities is Chicago. Think about it; any takers?

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