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Reply to "If you're moving out of the DMV area because of the HCOL"
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[quote=Anonymous][quote=Anonymous]We are moving in the next few months to the Chapel Hill/Durham area. HHI $230,000, we're taking our jobs with us (i.e. they will be remote). We own a condo here, but even with an almost $200,000 down payment we feel priced out of real estate around here and don't want to end up in a far out suburb. We are definitely conservative in terms of not wanting to be house-poor, so don't want to take on a huge mortgage that something good around here would require (and by good, I mean an old house that probably needs tons of updates). I'll miss living in DC for sure, but, we need a bit more space. [/quote] We moved to Chapel Hill several years ago. Housing is definitely cheaper, although going up like everywhere else. Chapel Hill real estate taxes are high, so keep an eye on that. Pros: are no waiting lists for swimming pools, Driving is a breeze! You do not have to plan your life around traffic. Winters are milder. Great healthcare and short waits in doctors' offices. Shopping center parking lots aren't full. It is much more relaxed and easy living. People do not ask you what you do for a living, and rarely brag about what they do. Other than housing, most costs are about the same. Cons: Durham and Raleigh are not the most exciting cities. You have to drive everywhere, so no traffic but you spend a lot of time in your car. Once you get outside the Triangle, it gets rural quickly, which is pretty but much more conservative there, politically. Overall, it's an easy place to live but you might want a big city fix every once in awhile.[/quote]
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