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I moved to the Bay Area in '84, bought a house in ~89 - house prices had just run up to what people considered then as high levels - Real Estate then leveled ou
by Taniwha 6y ago
I moved to the Bay Area in '84, bought a house in ~89 - house prices had just run up to what people considered then as high levels - Real Estate then leveled out and stopped rising for half a decade - it's done that on and off for 40 years - it was never 'cheap' at the time.
Prop 13 was already in place in '84 - the only way to get rid of it is to vote it out, it's long past time
- WalterBright 6y agoProp 13 was passed in 1978.
- ghaff 6y agoI had a couple companies interested in recruiting me to the Valley in the mid 90s or so. One of the reasons I decided not to pursue was cost of living relative to the not inexpensive Boston area. And the companies even acknowledged that was the case.
- phil21 6y agoYep, I also had a job offer in the bay area in either '99 or 00' (time flies!) I was seriously considering. After doing the math, I'd have had to make almost triple my flyover state job at the time so I didn't pull the trigger. That was probably an accidentally smart decision since months later the world imploded, and the company giving the offer went up in even more spectacular fashion that most.