Just got back from 4 month stay in SD. Now back in Boca Raton. The real estate market here is not in the real world. 1960’s granma shacks still for $800,000. At least in northern SD county they try to fix up their flippers. Here is alot different. No one wants to lower their prices and inventories are sky high.
If you want to leave SD and follow Scripps, you’ll be disappointed with the neighborhoods and real estate costs. Don’t forget the run-away hurricane insurance cost and no-cap property insurance. Bring alot of money to retire or work at Walmart to pay the bills. Forget it, you’ll need alot more money then that.
SD looks better than this place. If we get a hurricane this year through south Florida, you’ll see homes priced at 1mm today going back to 600,000 in a heartbeat.
I told my ex how I will (hopefully) never be a WM greeter thanks to my frugal lifestyle and all the net worth I have before age 40, thanks in part to cashing out of RE at the peak of the bubble. She replied “well, some of them (greeters) do it because they like to work”. “I don’t think so,” I replied, “they like to eat!”
.
