Home › Forums › Financial Markets/Economics › Average SD family 2000 vs 2010
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February 2, 2011 at 11:42 AM #662770February 2, 2011 at 1:00 PM #661697bearishgurlParticipant
[quote=protorio][quote=jstoesz] population of people with poor fiscal values. [/quote]
Well, its more than that, and perhaps speaks to Scarlett’s mention of professionals. Markets are shaped not just by economics, but by culture and ideology. No one disputes that the ideology of home ownership in the U.S. is very strong (if sometimes illogical). But people who earn a certain income often want to stretch that income to the limit in order to achieve homogeneity within a particular taste culture – aesthetic, social, economic. So many “professionals” (I suppose I’m one) seem to have driven up prices by going “all in” with stretching dual incomes, rather than live rather modestly in more diverse neighborhoods.
Of course, I’m not drawing from any data – purely anecdotal and general observations.[/quote]
Agree with this, protorio. “Young professionals” (YP’s) in the 70’s or 80’s didn’t mind buying a house for their families in Univ Heights, North Park or Golden Hill and perhaps turning the granny flat into an office for one of them. And “API scores” were unheard of. I think today’s YP’s in SD County have different housing expectations because there are so many choices on where to live now (many outlier areas/zip codes that didn’t exist then). SD County also has 3x the population, more and wider freeways and more job centers, now. The “YP’s” of yesteryear wouldn’t have dreamed of complicating their lives by commuting long distances, like many of today’s YP’s do. The “values” are different between Gen Y, Gen X, boomers, WWII gen and Greatest gen . . . very, VERY different.
February 2, 2011 at 1:00 PM #661759bearishgurlParticipant[quote=protorio][quote=jstoesz] population of people with poor fiscal values. [/quote]
Well, its more than that, and perhaps speaks to Scarlett’s mention of professionals. Markets are shaped not just by economics, but by culture and ideology. No one disputes that the ideology of home ownership in the U.S. is very strong (if sometimes illogical). But people who earn a certain income often want to stretch that income to the limit in order to achieve homogeneity within a particular taste culture – aesthetic, social, economic. So many “professionals” (I suppose I’m one) seem to have driven up prices by going “all in” with stretching dual incomes, rather than live rather modestly in more diverse neighborhoods.
Of course, I’m not drawing from any data – purely anecdotal and general observations.[/quote]
Agree with this, protorio. “Young professionals” (YP’s) in the 70’s or 80’s didn’t mind buying a house for their families in Univ Heights, North Park or Golden Hill and perhaps turning the granny flat into an office for one of them. And “API scores” were unheard of. I think today’s YP’s in SD County have different housing expectations because there are so many choices on where to live now (many outlier areas/zip codes that didn’t exist then). SD County also has 3x the population, more and wider freeways and more job centers, now. The “YP’s” of yesteryear wouldn’t have dreamed of complicating their lives by commuting long distances, like many of today’s YP’s do. The “values” are different between Gen Y, Gen X, boomers, WWII gen and Greatest gen . . . very, VERY different.
February 2, 2011 at 1:00 PM #662362bearishgurlParticipant[quote=protorio][quote=jstoesz] population of people with poor fiscal values. [/quote]
Well, its more than that, and perhaps speaks to Scarlett’s mention of professionals. Markets are shaped not just by economics, but by culture and ideology. No one disputes that the ideology of home ownership in the U.S. is very strong (if sometimes illogical). But people who earn a certain income often want to stretch that income to the limit in order to achieve homogeneity within a particular taste culture – aesthetic, social, economic. So many “professionals” (I suppose I’m one) seem to have driven up prices by going “all in” with stretching dual incomes, rather than live rather modestly in more diverse neighborhoods.
Of course, I’m not drawing from any data – purely anecdotal and general observations.[/quote]
Agree with this, protorio. “Young professionals” (YP’s) in the 70’s or 80’s didn’t mind buying a house for their families in Univ Heights, North Park or Golden Hill and perhaps turning the granny flat into an office for one of them. And “API scores” were unheard of. I think today’s YP’s in SD County have different housing expectations because there are so many choices on where to live now (many outlier areas/zip codes that didn’t exist then). SD County also has 3x the population, more and wider freeways and more job centers, now. The “YP’s” of yesteryear wouldn’t have dreamed of complicating their lives by commuting long distances, like many of today’s YP’s do. The “values” are different between Gen Y, Gen X, boomers, WWII gen and Greatest gen . . . very, VERY different.
February 2, 2011 at 1:00 PM #662499bearishgurlParticipant[quote=protorio][quote=jstoesz] population of people with poor fiscal values. [/quote]
Well, its more than that, and perhaps speaks to Scarlett’s mention of professionals. Markets are shaped not just by economics, but by culture and ideology. No one disputes that the ideology of home ownership in the U.S. is very strong (if sometimes illogical). But people who earn a certain income often want to stretch that income to the limit in order to achieve homogeneity within a particular taste culture – aesthetic, social, economic. So many “professionals” (I suppose I’m one) seem to have driven up prices by going “all in” with stretching dual incomes, rather than live rather modestly in more diverse neighborhoods.
Of course, I’m not drawing from any data – purely anecdotal and general observations.[/quote]
Agree with this, protorio. “Young professionals” (YP’s) in the 70’s or 80’s didn’t mind buying a house for their families in Univ Heights, North Park or Golden Hill and perhaps turning the granny flat into an office for one of them. And “API scores” were unheard of. I think today’s YP’s in SD County have different housing expectations because there are so many choices on where to live now (many outlier areas/zip codes that didn’t exist then). SD County also has 3x the population, more and wider freeways and more job centers, now. The “YP’s” of yesteryear wouldn’t have dreamed of complicating their lives by commuting long distances, like many of today’s YP’s do. The “values” are different between Gen Y, Gen X, boomers, WWII gen and Greatest gen . . . very, VERY different.
February 2, 2011 at 1:00 PM #662831bearishgurlParticipant[quote=protorio][quote=jstoesz] population of people with poor fiscal values. [/quote]
Well, its more than that, and perhaps speaks to Scarlett’s mention of professionals. Markets are shaped not just by economics, but by culture and ideology. No one disputes that the ideology of home ownership in the U.S. is very strong (if sometimes illogical). But people who earn a certain income often want to stretch that income to the limit in order to achieve homogeneity within a particular taste culture – aesthetic, social, economic. So many “professionals” (I suppose I’m one) seem to have driven up prices by going “all in” with stretching dual incomes, rather than live rather modestly in more diverse neighborhoods.
Of course, I’m not drawing from any data – purely anecdotal and general observations.[/quote]
Agree with this, protorio. “Young professionals” (YP’s) in the 70’s or 80’s didn’t mind buying a house for their families in Univ Heights, North Park or Golden Hill and perhaps turning the granny flat into an office for one of them. And “API scores” were unheard of. I think today’s YP’s in SD County have different housing expectations because there are so many choices on where to live now (many outlier areas/zip codes that didn’t exist then). SD County also has 3x the population, more and wider freeways and more job centers, now. The “YP’s” of yesteryear wouldn’t have dreamed of complicating their lives by commuting long distances, like many of today’s YP’s do. The “values” are different between Gen Y, Gen X, boomers, WWII gen and Greatest gen . . . very, VERY different.
February 2, 2011 at 1:30 PM #661727EugeneParticipant[quote=AN]
Do you have data to backup your 60% claim on housing? Since the Census for 2010 is not out yet, I don’t have data from the same source for 2 time period, so I have to do w/ what I have. Data from the same source would be best.With regards to cars, cars grew over the last 10 years, so going strictly by the classification of midsize and compact isn’t very useful. You have to compare the interior space and trunk space, not just pure length, since some of that length is for the engine and it’s not very usable. [/quote]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.
Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/
February 2, 2011 at 1:30 PM #661789EugeneParticipant[quote=AN]
Do you have data to backup your 60% claim on housing? Since the Census for 2010 is not out yet, I don’t have data from the same source for 2 time period, so I have to do w/ what I have. Data from the same source would be best.With regards to cars, cars grew over the last 10 years, so going strictly by the classification of midsize and compact isn’t very useful. You have to compare the interior space and trunk space, not just pure length, since some of that length is for the engine and it’s not very usable. [/quote]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.
Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/
February 2, 2011 at 1:30 PM #662392EugeneParticipant[quote=AN]
Do you have data to backup your 60% claim on housing? Since the Census for 2010 is not out yet, I don’t have data from the same source for 2 time period, so I have to do w/ what I have. Data from the same source would be best.With regards to cars, cars grew over the last 10 years, so going strictly by the classification of midsize and compact isn’t very useful. You have to compare the interior space and trunk space, not just pure length, since some of that length is for the engine and it’s not very usable. [/quote]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.
Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/
February 2, 2011 at 1:30 PM #662529EugeneParticipant[quote=AN]
Do you have data to backup your 60% claim on housing? Since the Census for 2010 is not out yet, I don’t have data from the same source for 2 time period, so I have to do w/ what I have. Data from the same source would be best.With regards to cars, cars grew over the last 10 years, so going strictly by the classification of midsize and compact isn’t very useful. You have to compare the interior space and trunk space, not just pure length, since some of that length is for the engine and it’s not very usable. [/quote]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.
Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/
February 2, 2011 at 1:30 PM #662861EugeneParticipant[quote=AN]
Do you have data to backup your 60% claim on housing? Since the Census for 2010 is not out yet, I don’t have data from the same source for 2 time period, so I have to do w/ what I have. Data from the same source would be best.With regards to cars, cars grew over the last 10 years, so going strictly by the classification of midsize and compact isn’t very useful. You have to compare the interior space and trunk space, not just pure length, since some of that length is for the engine and it’s not very usable. [/quote]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.
Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/
February 2, 2011 at 2:17 PM #661752anParticipant[quote=Eugene]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/%5B/quote%5D
The advancement is that the wheels get push further to the corner, which help increase the interior cabin space. If the wheels are further back from the front of the car, then that’s extra space that would make the cars longer. Especially since FWD cars, the engine have to sit in front of the front wheels.Do you have data of Median single family resale price as of Dec. 2000?
February 2, 2011 at 2:17 PM #661814anParticipant[quote=Eugene]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/%5B/quote%5D
The advancement is that the wheels get push further to the corner, which help increase the interior cabin space. If the wheels are further back from the front of the car, then that’s extra space that would make the cars longer. Especially since FWD cars, the engine have to sit in front of the front wheels.Do you have data of Median single family resale price as of Dec. 2000?
February 2, 2011 at 2:17 PM #662417anParticipant[quote=Eugene]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/%5B/quote%5D
The advancement is that the wheels get push further to the corner, which help increase the interior cabin space. If the wheels are further back from the front of the car, then that’s extra space that would make the cars longer. Especially since FWD cars, the engine have to sit in front of the front wheels.Do you have data of Median single family resale price as of Dec. 2000?
February 2, 2011 at 2:17 PM #662554anParticipant[quote=Eugene]
Interior numbers are hard to use. Nine out of ten people don’t even know how they are measured. They are affected by positioning of seats, etc. Exterior dimensions are nice and clean. And I doubt that there were technological advances in the last ten years that shrunk the engine compartment.Median single family resale price as of Dec. 2010 was 360k
http://www.signonsandiego.com/news/2011/jan/17/san-diego-home-sales-prices-fall/%5B/quote%5D
The advancement is that the wheels get push further to the corner, which help increase the interior cabin space. If the wheels are further back from the front of the car, then that’s extra space that would make the cars longer. Especially since FWD cars, the engine have to sit in front of the front wheels.Do you have data of Median single family resale price as of Dec. 2000?
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