...I could apparently buy a neighborhood in Memphis for the cost of a Soho apartment.

Anybody wanna go in halfsies on buying Detroit?

http://www.citylab.com/housing/2015/07/how-many-houses-can-you-get-for-the-price-of-one-in-lower-manhattan/398216/

It is far from a secret that purchasing a home in New York City is an expensive feat. The average home in the United States will set you back $179,000, according to Zillow; the average home in the five boroughs costs just under $600,000. But in Manhattan’s SoHo, home to a bustling high-end shopping era, scores of excellent restaurants, and converted warehouse apartments, the price is much higher: almost $3 million ($2,912,792) for the average home, according to Zillow’s estimates. In fact, the real estate data company ranks SoHo as among the most expensive ZIP codes in the entire country, behind only a handful of incredibly pricey California and coastal Florida neighborhoods.

Just how many houses could one buy for the price of one SoHo apartment?

With help from my Martin Prosperity Institute (MPI) colleague Charlotta Mellander, I decided to crunch the numbers and find out. We pulled 2014 housing data on more than 11,000 U.S. ZIP codes from Zillow’s Home Value Index, which estimates the median price for given areas across the country. In the map below, based on Zillow’s data, the places where the price of one SoHo apartment can purchase the most homes are in dark purple; those where the price of a SoHo apartment can purchase the fewest homes are in the lightest pink.