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re: What is it like living on the Mississippi Gulf Coast for a middle aged & class person?

Posted on 8/25/20 at 1:08 pm to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51515 posts
Posted on 8/25/20 at 1:08 pm to
quote:

Long Beach is the same way. You can find plenty of nice move in ready houses for under $150k. That still blows my mind.


People scared of another Katrina? Aren't still still a ton of completely empty lots that were never re-developed?
This post was edited on 8/25/20 at 1:09 pm
Posted by wadewilson
Member since Sep 2009
36760 posts
Posted on 8/25/20 at 1:29 pm to
quote:

People scared of another Katrina?


I mean, sure, but that's a threat anywhere on the gulf coast.

quote:

Aren't still still a ton of completely empty lots that were never re-developed?


Residential? Not necessarily. Now commercial is a different story. There's plenty of nice stuff on the beach. There's also plenty of open land. There's a huge open commercial plot on the beach next to where I live. They want $8mil for it.

House prices are going to vary for different reasons. Different counties, different tax structures, some have better schools, yada yada. My in-laws bought their house in Long Beach within the last decade. It was like, $130,000, and it's probably 2500 square feet. Now, the house needs some remodeling, but it's in a safe neighborhood, a great school district, and it came with a swimming pool. They have both lived here their entire lives, and they make really good money.

You've got to understand that Mississippi really benefits from Alabama and Florida not allowing casinos. We also benefit from having a surprising amount of industry and business for how small the towns are. I've been job searching since March. There's a ton of opportunity out there, just, unfortunately, a ton of people competing for those jobs due to the current situation.
Posted by Saskwatch
Member since Feb 2016
16661 posts
Posted on 8/25/20 at 1:42 pm to
quote:

People scared of another Katrina? Aren't still still a ton of completely empty lots that were never re-developed?


Insurance, construction, and mortgage requirements are a significant hurdle for putting a structure on some of those open lots you see along the beach. Not to mention that the landowners won't sell for a bargain while the land is constantly increasing in value.
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