How long before Southern cities become pricier?

[goozer]

I don't think houses in, say, Atlanta will ever be as expensive as houses in San Francisco or San Diego. There are just too many variables that make those coastal California cities more desirable to more people and the result will always be higher prices out there. That being said, I do think that places like Atlanta and other southern cities will weather the current downturn in the housing market better than some of those previously hyper-inflated markets. Several years from now, I think we will see the median home price in cities like SD and SF will only be 200% more than Atlanta, as opposed to the 300% to 350% that exists now.

[krudmonk]

Originally Posted by CarolinaBredChicagoan

Oh please. Check the numbers. We're not talking about small-town, BFE Southern towns. Major urban areas in the South are plenty welcoming. Larger minority populations than most northern areas, plus plenty of hubs for those of the gay, liberal, or otherwise "different" persuasion...

To the original point, many Southern cities are more expensive. Not as expensive in the north, but more expensive than they were in the past.

I didn't accuse any city of being openly hostile.

[uglyblackjohn]

I meant $300,000.00 and $500,000.00

[Irishtom29]

Probably not until (unless) southerners start making as much money as Yankees.

[CMDallas]

Dallas will skyrocket in a little, but only City proper it'll get more and more expensive... but really... Dallas is on an endless prairie... so maybe... some parts... like... never? LOL

[King0fthehill]

I'm guessing Atlanta, Charlotte and Dallas are going to become pricier.