All of the elementary schools in our district currently rate a 10 or better. The middle school is a 10 and the high school is a 9. My daughter’s elementary school also has a GATE Seminar program which is also a +, so I don’t have to drive to a different school. In addition, my commute to work in the morning is against traffic and takes me between 20-25 minutes. I personally would never move more than 30 minutes away from my job. Downtown is fun, but I don’t think its a place where I want my kids to be playing. I’ll wait until they are older before exposing them to transients and dead people on the sidewalk from meth/heroin overdose.
[quote]Actually, yamashi, millenials weren’t the first generation to have both parents working. I myself (and my siblings) grew up in a household in the ’50’s, ’60’s and ’70’s with both parents working and we weren’t alone. [/quote]
I’m not saying they were, I’m saying that is what I remember growing up. Also, McMansions are a product that happened during my time. 50’s-70’s homes were for the most part less than 2,000 sq ft. Not like the huge homes we have today.
[quote]If you’re speaking here of CA housing prices, yamashi, RE prices didn’t go up over the years in CA due ….[/quote]
Your rationale is all BS. Costs don’t determine prices, people do. To qualify for these higher mortgages people need to have dual incomes to cover the mortgage. Simple as that. All this other crap you talk about has nothing to do with anything. Large developers make products that people can afford. Without absorption, then the developers cannot find financing to finance their projects. I used to finance large developments (KB, Lennar, Pulte, etc) and the first thing I review is the feasibility of the absorption. This is prior to looking at the budget, hard and soft cost contingencies etc. If people can’t afford it, I could care less how much the developer spends; in many of the cases, this requires dual income. One person loses a job and bam 2008 happens all over again.
