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Home › Forums › Housing › Why it’s not a good time to buy a house in San Diego! › no_such_reality wrote:Rich

March 13, 2017 at 8:28 PM #805980
an
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[quote=no_such_reality][quote=Rich Toscano][quote=no_such_reality]
From 2010 – 2015, detached housing in San Diego county grew by just over 8800 units.

In that same period, households in San Deigo county making more than $200K/yr grew by 15,400 households. Household making $150K-$199k grew by 8900 households.

During that period median income was essentially flat moving from $63K to $64K.
[/quote]

There’s no way those income numbers are right.[/quote]

So you think the census screwed it up? https://factfinder.census.gov/bkmk/table/1.0/en/ACS/15_5YR/S1901/0500000US06073

2015, 7.4% of households are over $200K in San Diego County. Up from 6.2% in 2010.

If you prefer raw numbers https://factfinder.census.gov/bkmk/table/1.0/en/ACS/15_5YR/DP03/0500000US06073%5B/quote%5DTalk about demographic shift. That’s pretty staggering after just 5 years. Those two income group went from 12.9% to 14.7% of SD’s population. Not to mention that SD’s population grew over that period of time as well. If this continues, thing will get pretty crazy.