[quote=spdrun]AN: You’re ass-u-ming that the average residence for a family with 2 kids is the same in both cities, and thus are attempting to compare apples to apples. Again: floor space and number of thrones isn’t the be-all-and-end-all of housing quality…[/quote]
Good point, spdrun. In fact, the average sf of the housing stock in SM county is smaller than SD County but I don’t know by how much (400 sf is my “educated guess”). This is due to age of the stock. SM county has been under a “low or no growth” moratorium for quite a number of years. In addition, only about 40-45% of the county’s land space was even buildable. The rest is public lands.
SM County is obviously not the place for buyers who feel they need ~2000 sf (in “move-in condition,” lol) within their ~$400K price range to raise their family of four in. It’s a free country and there are many other alternatives. There are plenty of other buyers back in SV (yes, even with families), who will eventually pick up all the slack.