[quote=AN][quote=bearishgurl]You must admit that the reasons you didn’t want to take a position in SV were all personal. Your choice to stay in SD “2-3 yrs ago” instead of pursue those SV positions and possibly buy a residence there did NOT cause your family to be “better off financially.” It allowed you to live the life you wanted to lead, i.e. you and/or your spouse to work less and be near family.
That’s the bottom line.[/quote]
Of course everything is personal. Else, everyone would be moving here instead of living there. It’s all about financial. That’s my point and that’s the point you tried to dispute. YOU state income is 40% higher while housing is 0-25% higher. I call BS on both. I provided data. Now, the ball is on your court. All I got is, MM is cheap because of x,y,z, but yet, you haven’t provided a single example of houses in the bay area that’s 0-25% more expensive. BTW, your x, y, z is ridiculous and a complete missinformation….[/quote]
AN, you tend you get yourself into an “argumentative loop” on here but if all your personal decisions were based on their financial impact to you and your family, you may have made very different decisions. Acc to your posts, the decisions you made to stay here were lifestyle decisions. I’m in the same boat but wish I could have left years ago. I still have a kid in HS.
OK, we’ll start with one of my FAV towns. Here’s a couple of “urban” listings in the middle of SM (listed at MM prices). One is a “moderate fixer.” Their lots are the same size or bigger than the avg lot in MM but both have so much more upside potential than MM (or ChulaV, for that matter) will EVER have:
In my “cursory research” of current SM listings, I’m also noticing that 2012 flippers are asking $270-$300K more than they purchased the properties (fmr REOs) for! I haven’t even checked recent sales comps yet.
If these flippers are actually getting anywhere near their asking prices, they are really making bank on these fixers (barring any unforeseen structural problems) :=]
