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Have you looked outside Palo Alto? I live in San Carlos, where the weekly median sale price is $1.3m at the moment. Median income is just over $100k. http://ww
by timcederman 13y ago
Have you looked outside Palo Alto? I live in San Carlos, where the weekly median sale price is $1.3m at the moment. Median income is just over $100k. http://www.city-data.com/city/San-Carlos-California.html http://www.city-data.com/city/San-Carlos-California.html
- tomkarlo 13y agoProportionally, that's still a lot more affordable than SF, given that it's almost 50% higher in terms of household income. This is partially due the problems inherent in tracking home values based on median sale prices - by definition, transactions are always going go happen at a value higher than the value of the overall housing stock.
- timcederman 13y ago$70k - $1m median $100k - $1.3m median Proportionately, you're about 10% worse off in SF.