[quote=SmellsFeeshy]Well I wouldn’t say it’s a fair apples to apples comparison you’re describing since you’re comparing the bottom end of the market in UTC to the upper end of the market on the SF Peninsula. Something comparable in square footage and amenities to a mid-range $300k condo in UTC might run around $450k on the Peninsula.
As far as schools I can’t comment but commute it really depends on where you work. There are plenty of tech jobs in San Jose close to Milpitas which would be similar to commuting to Sorrento Valley from MM.[/quote]
You’re right. It depends on where you work. The companies that I’m interested in (Google, Apple, etc) are not in San Jose. If you work in San Jose, then you’re right, the commute wouldn’t be too bad. But if you get a job in the Peninsula, which a lot of the tech jobs are), the commute would be bad and you’d have no option like MM. Which were where I got the offers from. I might have a different opinion if the offers I got were in SJ.
You’re right, it might not be fair to compare the $200-250k in UTC to the $600k in the Peninsula. But my point is, there’s no $200-250k option up there like down here. Here, you can make $100k/yr and have an option to buy a 2/2 for $200k. Up there, if you work in the peninsula, you don’t have the same option. If you make $130k up there compare to down here, your cheapest option is well over $400k. You don’t have an option to live conservatively up there.