But to be honest, things are getting affordable in more normal San Diegan neighborhoods. I’ve seen a lot of nice normal houses between 300-350K in family neighborhoods.
I’d be happy to live in other parts of the country. But I’m glad I’m here.[/quote]
I agree that there are some affordable options. In my opinion, if you can’t swing a house financially in San Diego today, odds are that you probably never will (barring salary increase, career change graduating, etc) …
(For those who can afford, but are holding off for various reasons, willingness and readiness are separate issues. There may be plenty of other valid reasons to hold off. I am strictly talking ability here).
According to Rich’s figures, affordability is at or near a 35-year high. Monthly payments, relative to rent or relative to income are as low as have been measured for at least 33 years.
Here is a link to his figures, with the one’s I am referring to below for convenience…