quote:
Originally posted by ekrampitzjr:
Despite the lower pay for the same job, housing costs in the Norfolk area have fallen prey to the same ridiculous speculation that the rest of the East Coast has. New housing developments pop up with asking prices starting at $300K-$400K. The problem is that no one locally know who on earth is able to pay these prices for houses, and there seem to be a lot of out-of-state people buying them as investments.