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Santa Barbara is a terrible place to consider for buying/building a house. Sky high property taxes and inflated property values are begging the local economy to
by giraffecat 6y ago
Santa Barbara is a terrible place to consider for buying/building a house. Sky high property taxes and inflated property values are begging the local economy to dry out due to rental prices (The Bay is cheaper if you compare similar apartments with similar interior/exterior). The city can't expand because of geology, and it refuses to build up to preserve the "historical view of the Riviera". Sure it's a pretty city, but it won't mean much if it's dead.
- p1esk 6y agoThe Bay is cheaper if you compare similar apartments with similar interior/exterior Santa Barbara is significantly cheaper than bay area in terms of renting or buying real estate. The 2br apartment I'm currently renting in SB is $2.6k/mo. A very similar apartment in Redwood City is over $4k/mo.
- giraffecat 6y agoThere are plenty of 2br apartments for ~$2.5k on the east side of the bay (San Leandro, Richmond, etc.), and you will have better job opportunities as well.
- p1esk 6y agoMy impression was the best of Silicon Volley jobs are located somewhere between San Mateo and San Jose. Am I wrong?
- aidenn0 6y agoBuying is way cheaper in Santa Barbara than the bay area like half to two-thirds depending on where you compare to. The only thing even close to Santa Barbara prices for sale when I checked a year ago were "unique" properties in East Palo Alto. Rents are pretty insane here though. It's a total flip from when I moved here (I was paying $50/month more in rent than a friend who got a job in the Indianapolis. I lived walking distance from downtown).