3 ms·
When people saying housing costs are out of control in California, really they mean the bay area. Every other part of the state is no worse than anywhere else.
by aphextron 10y ago
When people saying housing costs are out of control in California, really they mean the bay area. Every other part of the state is no worse than anywhere else.
- sk8ingdom 10y agoThis is objectively not true [1] and has the same sort of arrogance that frustrates people who live in other areas of the state. Is the cost of living ridiculous? Absolutely, but the higher-than-average salaries at least help compensate. Consider, for example, San Diego [2], which is considered the worst city for long term wealth accumulation in the entire USA. 1. http://www.trulia.com/home_prices/California/ http://www.trulia.com/home_prices/California/ 2. http://www.sandiegouniontribune.com/news/2015/oct/26/san-diego-worst-building-wealth/ http://www.sandiegouniontribune.com/news/2015/oct/26/san-die...
- astrange 10y agoHard to believe this article when it says Detroit is a better place to earn wealth than NYC.
- deleted 10y ago[deleted]
- greedo 10y agoSan Diego county coastal isn't what I would consider in control...
- sphinx65 10y agoHuh? CA has had real estate values vastly above the average since the 1980's. I remember seeing dumpy ranch houses in Salinas, CA for nearly a half a million in 1992. Such a house would have been $40K almost anywhere else.
- spking 10y agoIt's just as bad down here in LA. Six figure incomes get eaten up pretty fast by rent/mortgage and taxes.
- HillaryBriss 10y agoYes. Real estate is surprisingly expensive up and down most of the coastal band from La Jolla to Mendocino. Even in lower density places like Encinitas, Carlsbad, Buellton, San Luis Obispo, Paso Robles, Half Moon Bay ... Sebastopol.