First off, I apologize in committing a sort of thread carpet bomb. I have one week to go at my current employer, and I am less than motivated to give it my all. Furthermore, my wife went to bed at 8:30 so I am pretty much left to flame wars on the internet.
Lets engage in a thought exercise.
Disclamer: I am less interested in what the SD market will be and more interested in what it should be. I think in all reality, it will be screwed, where I will always be dissatisfied with what my household’s 95fth percentile income bracket should be able to afford vs. what it will afford.
If every family in SD conformed to the US standard of financial responsibility, where would home prices be? If San Diegons spent within there means in the same way that most midwesterners spent what would home prices be? Do utility bills and prop 13 make up for the prices?
That is the question. If this is out of step in SD, aren’t you nervous about the fiscal future of california?
Is the power of immigrating retirees, prop 13, and the beauty of La Jolla enough to justify the prices in a family oriented community like Clairemont (not a very nice place by midwest standards)?
This is the fact of life that someone from a backwoods unenlightened place like MN is up against. I could have a good, financially secure life, with lots and lots of recreation for an affordable price someplace else. And no jobs in CA do not pay more, this is an absurd fallacy.
Do immigrating retirees, the beach and weather (bullshit), and growth really explain the out of step prices? or is it that s. Californians are really that stupid/financially irresponsible to keep the scam going?
I am going with stupid and financially irresponsible…
