[quote=scotinob]I wasn’t talking about living in OB, I was talking about San Diego City and County as whole. Trust me I understand I can’t afford to buy at the beach. My point is that all areas are getting increasingly unaffordable due mostly to the lack of supply in San Diego city and county.
I’m looking to buy a house or condo. the rent increase was a wake-up call. I found this site while doing research into prices. I felt the need to join this forum and speak up after reading so many of your comments and anti-growth sentiment. I want you to understand that there are real people that affected by your anti-growth and anti-density mentality.
Density is good, and its the only reasonable solution. Look at the cities of europe and japan, they are much more dense, and quality of life is still good. We can be more like them if people are open to it.[/quote]
I saw this graphic article in the WSJ which displays the change regarding where the rich and poor live within cities between the 70’s, 90’s and 2014 based on income.
Basically it verifies the new thought of where the rich and well-off want to live given their choices and uses Philadelphia, Chicago and Baltimore as examples after the shrinking of the middle-class. Yes, as noted many still like living in surburbia, but many rich are now choosing to live in the city.
Regarding being priced out of the market, San Diego’s economy kind of reminds me of when I lived in Hawaii, or Santa Barbara. The jobs here are not as plentiful or as well paying as those in LA or OC, and although housing prices is slightly less, the disparity in income makes it more burdensome for the average person/family. I’ve heard it called sunshine tax before, but it basically affects beautiful places where people want to live (creating high demand from outsiders from US and other countries) but not enough high paying jobs to allow people to stay. I know a lot of people from Hawaii in this same predicament.
