[quote=threadkiller]Maybe my mind set is stuck in the ’50s. I’m pretty sure back then anybody with above average wage could buy a nice 3/2 1200 sq ft house in San Diego. What about all the service members that will be getting out of the military? Will they be able to afford to live here in San Diego? Not unless they have their 20 in and then get a job in addition to that retirement. During that 20 years however what were they doing? Unless getting officer pay my bet is they were renting (I do agree their housing allowance is too high, did it go down when homes prices went down, I doubt it). New housing is too expensive here in San Diego, that is my basic premise. Alot of it is because builders build houses that are too big, and if you look at their books I’m sure they are way fatter than my wallet.[/quote]
Actually, TK, in the “’50’s,” even working-class families could purchase the average 1000 – 1200 sf new (or used) home. However, I’ve made this offer before here and it is still on offer, “Would YOU move your family into one of these (unremodeled) homes (built 1947 – 1952)??”
Service members who retire from their last duty station (SD or anywhere) will be moved FREE OF CHARGE by the goverment back to the city or town of the MEPPS station where they first enlisted into the military. Some of these areas no doubt are far cheaper than SD to live in and they may be able to survive on their pensions, alone. Retiring service members have 30 days from their official retirement date to vacate their military housing units (any Pigg please correct me here if this time frame has been lengthened). As a “retiree,” they are no longer eligible for a housing allowance or military housing.
TK, you can’t expect a developer today to build entry level housing when their MR bonds and other fees alone (not even incl the price of the lot) could add up to a third or more of the price an entry-level house would bear on the open market! Where’s their profit?? Economies of scale apply here (even if there are already too many “McMansion” developments out there).
