I’m 26, so I think I’m qualified in the the young people category. All of my family, both dad and mom side, are Californian, so I have deep roots here too. I don’t find San Diego or California to be very hard to create root here. You just have to think much longer term than 1-2 years. If you look back, even 10 years ago, if you graduated 10 years ago, you can buy a house and survive on 1 income. Only if you buy at the peak where you’ll NEED 2 income to survive. So if you are patient and rent through the peak, the bottom will come again. Right now, I can rent and survive on 1 income. When the bottom comes, I can probably buy a house on 1 income as well and live comfortably. It’s all about timing. Don’t get caught up in the hype and you’ll be just fine. If you graduated in 1995, then you can buy a house in 1-2 years, while if you graduated in 2002 like myself, you just have to wait a little longer, like 5-6 years. But there’s no such thing as being priced out for ever. Things will get back to fundamental, which is supported by income.
