I’m learning also, but just right off the bat, the thing that comes to mind to me that seems different, I’d say NY and SF, most generally speaking, have a higher median salary than SD. Though the prices are higher, I’ll go out on a limb and say it’s only slightly more affordable b/c their income is greater than here, where prices are high and incomes don’t correlate, generally speaking. I hope I can say that, since that seems to be an issue discussed, how income to COL ratio is not the best here. I think that is argued often and MHO the prices are not justified. Also, I’m not sure how prevalent subprime loans were in NYC. I know it’s a nationwide problem, but whenever MSM discusses it, seems like California, Florida, Vegas, Boston seem to be main states/cities regularly mentioned.
