[quote=SmellsFeeshy]Tell me about it. Since I moved up to the Bay Area all I hear are stories about bidding wars with all cash offers, no contingencies and houses selling in a matter of hours.
Looking for inventory on the Peninsula is practically non-existent. Doing a search for condos 2/2 under $600k lands me maybe 10 results or less.
If you ever want to sell your house up here let me know ;).[/quote]Sorry to hear about your frustration. That’s my experience as well when I considered moving up there a few years back. The cost of living increase far out weight the income increase. Which is why I decided to stay. I said this in another thread awhile back. It seems like it’s worse now. A 2/2 in SD near work center can easily be had for $200-300k. So, you’re looking at cost of living that’s 2-3x more but income is only at most 25-30% higher (that’s also before tax).