What happened in the 90s stays in the 90s.
Oh, that’s right, it’s different this time. Up up and away. Better buy now or I’ll be priced out forever.
Ahem, you may wish to educate yourself. A member of the California Correctional Officer Union (31,000 of them, guards, probation officers, have an average base pay of $65,000, with overtime, 1 in 5 makes over $100,000.
The San Dieguito School District that serves La Costa has an average teacher salary of $68,000.
A government worker family of a teacher and correctional officer will have a family incomee above $133,000 and possibly over $168,000.
At today’s interest rates being near historical lows, that government worker family can afford that La Costa home.
Fire, Police, city workers, all of their union contracts are equally out of whack.
Wow, I didn’t know teachers make that much. $68k for 9 months of work = $91k/year if they work a full 12 months. Is that a fresh out of college salary?