[quote=flyer]It is interesting to note that, although neither my wife and I, nor any of the parents of our kids friends considered ourselves to be “tiger parents,” and yet, all of our kids excelled at everything from school, to sports, to music, etc. and on and on, and yet the success rate of these same young people (now in their 20’s) is still only about 50%.
Although they came from quite well-to-do families, we still hear many of our kids friends complaining about the fact that they can’t find high-level jobs here, and will never be able to afford a home in San Diego, or CA in general, (for those who wish to stay here)so it seems some of them have kind of given up. A sad, but fascinating conundrum.[/quote]
It might be about expectations. Do they want to buy a big house at the beach from the get-go… or are they budgeting for starter homes.
FWIW – I left San Diego in my late 20’s, in part because I felt I’d never be able to afford a home. At the time nice, but still starter type, homes were around $200k. I moved to WA state and got a similar home for $72k. Fortunately, when I moved back 17 years later, I had equity from my next house, and from the house my husband had when we married, and lots of savings. The home prices had gone up about 2.5 times.