When my parents lived in the Bay area in the late 60’s and early 70’s, they paid about 2-3 times my father’s income for their 4-bedroom house. This was for a new house.
When I live in San Diego today, I would have to pay at least 10 times my combined salary to live near my work. You can’t afford a house that costs 8-10 times your salary. No wonder people are broke.
