Reviews & Comments
Rhode Island, RI
Housing -
11/28/2008Rhode Island can be a very expensive place to live. I have lived here all my life and have seen the prices of housing rise greatly. For about 30 years I lived in Washington County (aka South County). I was priced out of the area a few years back and it is now very common to see properties listed in the millions if they are waterfront/waterview.
Rhode Island currently (2008) has the distinction of having the nation's highest unemployment rate and a state economy tht is running a high deficit. If you find yourself in the position of needing to find a job or losing your job the prospects are very bleak indeed.
Some of the best housing deals can be found in Warwick/West Warwick, if you can get a mortgage that is.