To Splenda and Projectverb:
I moved to Atlanta, in 1982 to attend Pharmacy School, from Cincinnati, OH. Been here 41 years, like any other city, we have our strengths and weaknesses. I was here when blacks were "discouraged" from living in various counties (Forsyth and Cherokee) . There was a sign in Forsyth, cautioning black people "Don't let the sun go down on you" Meaning you can work here, but go home later. Oprah actually came down, from Chicago to do some shows in Forsyth County.
As an immigrant, not a WASP, but easily passing as one, I could see the struggle that was the South. All that is behind us now (or is it?)
Atlanta suburbs are (OR used to be) a great place to raise a family. South Atlanta, we have Peachtree City, North Atlanta we have Milton, Alpharetta, and Johns Creek. These areas used to be affordable, with excellent schools. Now, the affordability is gone, you have to move to a Dacula, a Hoschton, or even further out. I have two sons that are now looking for starter homes, and you are correct $500K doesn't buy you much, especially with 7% interest rates. While us senior citizens are experiencing spectacular appreciation in our homes, young people are suffering.