Poorest area in America. Where you can buy a house for $50,000.

Poorest area in America. Where you can buy a house for $50,000.

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Publish Date:
31 July, 2024
Category:
Homes for Sale
Video License
Standard License
Imported From:
Youtube

One of the poorest cities in America is Charleston, West Virginia. The capital of West Virginia. Where houses routinely sell for less than $100,000, and even as low as $50,000.

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The reason that houses are so cheap in West Virginia is because the area is economically devastated from a downturn in the coal production industry. As a result, jobs and wages have stagnated.

The housing market in West Virginia is one of the most affordable in America. In this video I showed you a foreclosure which is listed for $85,000, to go along with a massive mansion that is only listed for $650,000.
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DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.

Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
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