Allied Gardens

[Eugene]

[quote]One question: If there are 2 people grossing 25k a year each (12.50/hr) they are likely going to be taxed at a slightly lower rate than one person making 50k. Am I right or wrong about this?[/quote]

If they are filing a joint return, it should not matter if it’s 25k each or 50k single-income.

If we were talking about higher amounts (like 150k vs 75k+75k gross), it’s slightly better to have a single income, because social security and SDI taxes are capped. But that’s not a significant difference.

[BGinRB]

[quote=FormerSanDiegan][quote=BGinRB]I just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area. [/quote]

How about a young married couple in their late 20’s/early 30’s making a combined 80K (40 K each) who are tired of apartment life after 5 years ?

[/quote]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[BGinRB]

[quote=FormerSanDiegan][quote=BGinRB]I just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area. [/quote]

How about a young married couple in their late 20’s/early 30’s making a combined 80K (40 K each) who are tired of apartment life after 5 years ?

[/quote]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[BGinRB]

[quote=FormerSanDiegan][quote=BGinRB]I just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area. [/quote]

How about a young married couple in their late 20’s/early 30’s making a combined 80K (40 K each) who are tired of apartment life after 5 years ?

[/quote]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[BGinRB]

[quote=FormerSanDiegan][quote=BGinRB]I just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area. [/quote]

How about a young married couple in their late 20’s/early 30’s making a combined 80K (40 K each) who are tired of apartment life after 5 years ?

[/quote]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[BGinRB]

[quote=FormerSanDiegan][quote=BGinRB]I just tried to think of model of a person who could really afford a $300K housing unit. I don’t see that person being interested in 55y old 2/1.
The only possibility I see would be a retiree with strong ties to the area. [/quote]

How about a young married couple in their late 20’s/early 30’s making a combined 80K (40 K each) who are tired of apartment life after 5 years ?

[/quote]

I assumed they would want to have a kid or two in the next several years. In that case 2/1 would not fit. They would rent for another year or two and then look for 3/2.

[meadandale]

People are still paying over $300k for 2/1 and 2/2 condos in the county, why do you think it is a problem for them to pay that much for a HOUSE with a YARD?

Here’s a community that I’m familiar with. These units went for about a buck and a quarter brand new in 1994.

http://www.redfin.com/CA/San-Diego/11237-Provencal-Pl-92128/home/4685643

http://www.redfin.com/CA/San-Diego/11105-Provencal-Pl-92128/home/4685472

I’m not sure how many bedrooms a couple with a child need. Seems like 2?

[meadandale]

People are still paying over $300k for 2/1 and 2/2 condos in the county, why do you think it is a problem for them to pay that much for a HOUSE with a YARD?

Here’s a community that I’m familiar with. These units went for about a buck and a quarter brand new in 1994.

http://www.redfin.com/CA/San-Diego/11237-Provencal-Pl-92128/home/4685643

http://www.redfin.com/CA/San-Diego/11105-Provencal-Pl-92128/home/4685472

I’m not sure how many bedrooms a couple with a child need. Seems like 2?

[meadandale]

People are still paying over $300k for 2/1 and 2/2 condos in the county, why do you think it is a problem for them to pay that much for a HOUSE with a YARD?

Here’s a community that I’m familiar with. These units went for about a buck and a quarter brand new in 1994.

http://www.redfin.com/CA/San-Diego/11237-Provencal-Pl-92128/home/4685643

http://www.redfin.com/CA/San-Diego/11105-Provencal-Pl-92128/home/4685472

I’m not sure how many bedrooms a couple with a child need. Seems like 2?

[meadandale]

People are still paying over $300k for 2/1 and 2/2 condos in the county, why do you think it is a problem for them to pay that much for a HOUSE with a YARD?

Here’s a community that I’m familiar with. These units went for about a buck and a quarter brand new in 1994.

http://www.redfin.com/CA/San-Diego/11237-Provencal-Pl-92128/home/4685643

http://www.redfin.com/CA/San-Diego/11105-Provencal-Pl-92128/home/4685472

I’m not sure how many bedrooms a couple with a child need. Seems like 2?

[meadandale]

People are still paying over $300k for 2/1 and 2/2 condos in the county, why do you think it is a problem for them to pay that much for a HOUSE with a YARD?

Here’s a community that I’m familiar with. These units went for about a buck and a quarter brand new in 1994.

http://www.redfin.com/CA/San-Diego/11237-Provencal-Pl-92128/home/4685643

http://www.redfin.com/CA/San-Diego/11105-Provencal-Pl-92128/home/4685472

I’m not sure how many bedrooms a couple with a child need. Seems like 2?

[Ren]

[quote=meadandale]I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

When my wife and I moved in together, we got a 2-bedroom CV condo, which was perfect. Now that we have a 9-month-old, it feels like a prison, and we’re itching to get something bigger.

Never underestimate the amount of crap you accumulate with kids. Yes, you can get by without it, but it’s extremely cramped otherwise. No room for an office, guests, or storage.

[Ren]

[quote=meadandale]I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

When my wife and I moved in together, we got a 2-bedroom CV condo, which was perfect. Now that we have a 9-month-old, it feels like a prison, and we’re itching to get something bigger.

Never underestimate the amount of crap you accumulate with kids. Yes, you can get by without it, but it’s extremely cramped otherwise. No room for an office, guests, or storage.

[Ren]

[quote=meadandale]I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

When my wife and I moved in together, we got a 2-bedroom CV condo, which was perfect. Now that we have a 9-month-old, it feels like a prison, and we’re itching to get something bigger.

Never underestimate the amount of crap you accumulate with kids. Yes, you can get by without it, but it’s extremely cramped otherwise. No room for an office, guests, or storage.

[Ren]

[quote=meadandale]I’m not sure how many bedrooms a couple with a child need. Seems like 2?
[/quote]

When my wife and I moved in together, we got a 2-bedroom CV condo, which was perfect. Now that we have a 9-month-old, it feels like a prison, and we’re itching to get something bigger.

Never underestimate the amount of crap you accumulate with kids. Yes, you can get by without it, but it’s extremely cramped otherwise. No room for an office, guests, or storage.

[Author]

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