Dave Ramsey
๐ค SpeakerAppearances Over Time
Podcast Appearances
They're not nice houses.
I mean, it can be done.
Um, but, and as you figured out the, uh, and with the numbers you're giving me, you're being very wise.
But I thought you were talking about, I can't afford a 700, $800,000 house.
And I'm saying, yeah, you can't.
But, um, you know, that, that's where I was.
In the real estate field, urban growth, there's a thing we call the ring theory.
And with exceptions, but as a general rule, if you drop a pebble in the central business district, the main downtown area, every ring that that pebble, the water goes out gets cheaper.
with the exception of mountains for views and lakes and golf courses.
But if you stay away from those three things, it gets cheaper as you go out until you touch another area that's another metro area.
But to live in the close proximity to downtown Chicago is much more expensive than it is to live 50 miles outside over in Indiana.
You know, as you have found, you already have realized that whether you realized it or not.
But that's what you're seeing.