You can’t buy it for $460k but unless you work in Menifee as well, you’ll be paying between 400-500/month in gas. Not to consider the many hours you spend in trafic, which either you can spend w/ your family or work overtime, I think it’s not that simple to compare one to one. I’d rather spend more in SD for a similar house that’s w/in 5-10 min from work than buy it for 460k in Menifee. Can you drive 10 min to the beach in Menifee? There’s a reason it’s cheap. You don’t have to go as far as Menifee to get cheap house, You can get a 3000sq-ft house on a 22k sq-ft lot in Vista for $599k right now. You’re still w/in 20 from the beach.
On second thought, that $460k house will cost you around $3000/month. I can rent a house that size for around $3k/month that’s w/in 5 min of work and be w/in 10 min of the beach. Tell me which is smarter?
