Distribution of Wealth in SD County

[an]

[quote=bearishgurl]Again, you are hogging the thread and boring Pigg readers by your incessant defensive badgering. If you already “know all the answers,” then why are you asking??[/quote]
Yet, you’re replying to every post I made. Pot, meet kettle :-). You asked a question, I answered it, then you went on a charade as to why South Bay is so much better than PQ. Although it started with a thread about PQ. So, why did you bring up South Bay again?

[quote=bearishgurl][quote=AN]Did I say 1994 is the bottom and 2004 is the top?[/quote] Yes, reread your posts again.[/quote]

Let me help you out here since your reading comprehension is a little lacking.
[quote=AN]BTW, you compared near bottom of the last cycle to the near top of this cycle.[/quote]
near bottom and near top is not bottom and top.

[quote=bearishgurl]Again, OT and you did not answer my question. Did you make a profit??[/quote]
If you’re that nosy and really want to know, then NO, I didn’t sell and I won’t sell. So I can’t tell you if I will make a profit or not. I’ll let me kids/grand kids tell you when they do.
[quote=bearishgurl]AN, may I suggest to you that if you have any more questions as to how the world works, you ask another Pigg whom you feel is more qualified than me to answer them.[/quote]
I never asked you about how the world works, but you seem to love to lecture to people how you think the world work, although you know nothing about them. Again, just to remind you, this all started with you asking what’s the “draw” about PQ.

[UCGal]

Since we all agree that wealth is enhanced if you have a home that’s paid for (no mortgage) – I’ll offer up some more government produced demographic data specific to San Diego county.

http://factfinder.census.gov/servlet/DTTable?_bm=y&-geo_id=05000US06073&-ds_name=ACS_2008_3YR_G00_&-mt_name=ACS_2008_3YR_G2000_B25087

Looking at this you see for 2006/2007 23% of homes did NOT have a mortgage.

136,603 (homes without mortgage)
589,928 (total homes)

(I know several of my neighbors fit this demo… and I hope to join them in around 8 years – making the extra principal payments to make it happen.)

The median value for the owner occupied home that is mortgage free is $479,100… That’s a nice asset. (One that takes income: passive or active to maintain, but still a nice asset.)

And here’s the income breakdown for these San Diegans who are mortgage free.

HOUSEHOLD INCOME IN THE PAST 12 MONTHS (IN 2008 INFLATION-ADJUSTED DOLLARS)

Less than $10,000 5.5% +/-0.5
$10,000 to $24,999 19.1% +/-0.9
$25,000 to $34,999 12.0% +/-0.8
$35,000 to $49,999 14.9% +/-0.7
$50,000 to $74,999 16.5% +/-0.8
$75,000 to $99,999 10.7% +/-0.7
$100,000 to $149,999 10.6% +/-0.7
$150,000 or more 10.5% +/-0.8
Median household income (dollars) 48,302 +/-1,173

And finally – the ratio of value of the house vs income for these folks who have no mortage
RATIO OF VALUE TO HOUSEHOLD INCOME IN THE PAST 12 MONTHS
Less than 2.0 11.8% +/-0.7
2.0 to 2.9 6.0% +/-0.5
3.0 to 3.9 7.4% +/-0.6
4.0 or more 73.6% +/-0.8
Not computed 1.2% +/-0.2

source:
http://factfinder.census.gov/servlet/STTable?_bm=y&-geo_id=05000US06073&-qr_name=ACS_2008_3YR_G00_S2507&-ds_name=ACS_2008_3YR_G00_&-redoLog=false

If your home is exactly at the $479k median value for an owner occupied home – and you had the median income of $48k your ratio is more like 9 or 10.

[UCGal]

Since we all agree that wealth is enhanced if you have a home that’s paid for (no mortgage) – I’ll offer up some more government produced demographic data specific to San Diego county.

http://factfinder.census.gov/servlet/DTTable?_bm=y&-geo_id=05000US06073&-ds_name=ACS_2008_3YR_G00_&-mt_name=ACS_2008_3YR_G2000_B25087

Looking at this you see for 2006/2007 23% of homes did NOT have a mortgage.

136,603 (homes without mortgage)
589,928 (total homes)

(I know several of my neighbors fit this demo… and I hope to join them in around 8 years – making the extra principal payments to make it happen.)

The median value for the owner occupied home that is mortgage free is $479,100… That’s a nice asset. (One that takes income: passive or active to maintain, but still a nice asset.)

And here’s the income breakdown for these San Diegans who are mortgage free.

HOUSEHOLD INCOME IN THE PAST 12 MONTHS (IN 2008 INFLATION-ADJUSTED DOLLARS)

Less than $10,000 5.5% +/-0.5
$10,000 to $24,999 19.1% +/-0.9
$25,000 to $34,999 12.0% +/-0.8
$35,000 to $49,999 14.9% +/-0.7
$50,000 to $74,999 16.5% +/-0.8
$75,000 to $99,999 10.7% +/-0.7
$100,000 to $149,999 10.6% +/-0.7
$150,000 or more 10.5% +/-0.8
Median household income (dollars) 48,302 +/-1,173

And finally – the ratio of value of the house vs income for these folks who have no mortage
RATIO OF VALUE TO HOUSEHOLD INCOME IN THE PAST 12 MONTHS
Less than 2.0 11.8% +/-0.7
2.0 to 2.9 6.0% +/-0.5
3.0 to 3.9 7.4% +/-0.6
4.0 or more 73.6% +/-0.8
Not computed 1.2% +/-0.2

source:
http://factfinder.census.gov/servlet/STTable?_bm=y&-geo_id=05000US06073&-qr_name=ACS_2008_3YR_G00_S2507&-ds_name=ACS_2008_3YR_G00_&-redoLog=false

If your home is exactly at the $479k median value for an owner occupied home – and you had the median income of $48k your ratio is more like 9 or 10.

[UCGal]

Since we all agree that wealth is enhanced if you have a home that’s paid for (no mortgage) – I’ll offer up some more government produced demographic data specific to San Diego county.

http://factfinder.census.gov/servlet/DTTable?_bm=y&-geo_id=05000US06073&-ds_name=ACS_2008_3YR_G00_&-mt_name=ACS_2008_3YR_G2000_B25087

Looking at this you see for 2006/2007 23% of homes did NOT have a mortgage.

136,603 (homes without mortgage)
589,928 (total homes)

(I know several of my neighbors fit this demo… and I hope to join them in around 8 years – making the extra principal payments to make it happen.)

The median value for the owner occupied home that is mortgage free is $479,100… That’s a nice asset. (One that takes income: passive or active to maintain, but still a nice asset.)

And here’s the income breakdown for these San Diegans who are mortgage free.

HOUSEHOLD INCOME IN THE PAST 12 MONTHS (IN 2008 INFLATION-ADJUSTED DOLLARS)

Less than $10,000 5.5% +/-0.5
$10,000 to $24,999 19.1% +/-0.9
$25,000 to $34,999 12.0% +/-0.8
$35,000 to $49,999 14.9% +/-0.7
$50,000 to $74,999 16.5% +/-0.8
$75,000 to $99,999 10.7% +/-0.7
$100,000 to $149,999 10.6% +/-0.7
$150,000 or more 10.5% +/-0.8
Median household income (dollars) 48,302 +/-1,173

And finally – the ratio of value of the house vs income for these folks who have no mortage
RATIO OF VALUE TO HOUSEHOLD INCOME IN THE PAST 12 MONTHS
Less than 2.0 11.8% +/-0.7
2.0 to 2.9 6.0% +/-0.5
3.0 to 3.9 7.4% +/-0.6
4.0 or more 73.6% +/-0.8
Not computed 1.2% +/-0.2

source:
http://factfinder.census.gov/servlet/STTable?_bm=y&-geo_id=05000US06073&-qr_name=ACS_2008_3YR_G00_S2507&-ds_name=ACS_2008_3YR_G00_&-redoLog=false

If your home is exactly at the $479k median value for an owner occupied home – and you had the median income of $48k your ratio is more like 9 or 10.

[UCGal]

Since we all agree that wealth is enhanced if you have a home that’s paid for (no mortgage) – I’ll offer up some more government produced demographic data specific to San Diego county.

http://factfinder.census.gov/servlet/DTTable?_bm=y&-geo_id=05000US06073&-ds_name=ACS_2008_3YR_G00_&-mt_name=ACS_2008_3YR_G2000_B25087

Looking at this you see for 2006/2007 23% of homes did NOT have a mortgage.

136,603 (homes without mortgage)
589,928 (total homes)

(I know several of my neighbors fit this demo… and I hope to join them in around 8 years – making the extra principal payments to make it happen.)

The median value for the owner occupied home that is mortgage free is $479,100… That’s a nice asset. (One that takes income: passive or active to maintain, but still a nice asset.)

And here’s the income breakdown for these San Diegans who are mortgage free.

HOUSEHOLD INCOME IN THE PAST 12 MONTHS (IN 2008 INFLATION-ADJUSTED DOLLARS)

Less than $10,000 5.5% +/-0.5
$10,000 to $24,999 19.1% +/-0.9
$25,000 to $34,999 12.0% +/-0.8
$35,000 to $49,999 14.9% +/-0.7
$50,000 to $74,999 16.5% +/-0.8
$75,000 to $99,999 10.7% +/-0.7
$100,000 to $149,999 10.6% +/-0.7
$150,000 or more 10.5% +/-0.8
Median household income (dollars) 48,302 +/-1,173

And finally – the ratio of value of the house vs income for these folks who have no mortage
RATIO OF VALUE TO HOUSEHOLD INCOME IN THE PAST 12 MONTHS
Less than 2.0 11.8% +/-0.7
2.0 to 2.9 6.0% +/-0.5
3.0 to 3.9 7.4% +/-0.6
4.0 or more 73.6% +/-0.8
Not computed 1.2% +/-0.2

source:
http://factfinder.census.gov/servlet/STTable?_bm=y&-geo_id=05000US06073&-qr_name=ACS_2008_3YR_G00_S2507&-ds_name=ACS_2008_3YR_G00_&-redoLog=false

If your home is exactly at the $479k median value for an owner occupied home – and you had the median income of $48k your ratio is more like 9 or 10.

[UCGal]

Since we all agree that wealth is enhanced if you have a home that’s paid for (no mortgage) – I’ll offer up some more government produced demographic data specific to San Diego county.

http://factfinder.census.gov/servlet/DTTable?_bm=y&-geo_id=05000US06073&-ds_name=ACS_2008_3YR_G00_&-mt_name=ACS_2008_3YR_G2000_B25087

Looking at this you see for 2006/2007 23% of homes did NOT have a mortgage.

136,603 (homes without mortgage)
589,928 (total homes)

(I know several of my neighbors fit this demo… and I hope to join them in around 8 years – making the extra principal payments to make it happen.)

The median value for the owner occupied home that is mortgage free is $479,100… That’s a nice asset. (One that takes income: passive or active to maintain, but still a nice asset.)

And here’s the income breakdown for these San Diegans who are mortgage free.

HOUSEHOLD INCOME IN THE PAST 12 MONTHS (IN 2008 INFLATION-ADJUSTED DOLLARS)

Less than $10,000 5.5% +/-0.5
$10,000 to $24,999 19.1% +/-0.9
$25,000 to $34,999 12.0% +/-0.8
$35,000 to $49,999 14.9% +/-0.7
$50,000 to $74,999 16.5% +/-0.8
$75,000 to $99,999 10.7% +/-0.7
$100,000 to $149,999 10.6% +/-0.7
$150,000 or more 10.5% +/-0.8
Median household income (dollars) 48,302 +/-1,173

And finally – the ratio of value of the house vs income for these folks who have no mortage
RATIO OF VALUE TO HOUSEHOLD INCOME IN THE PAST 12 MONTHS
Less than 2.0 11.8% +/-0.7
2.0 to 2.9 6.0% +/-0.5
3.0 to 3.9 7.4% +/-0.6
4.0 or more 73.6% +/-0.8
Not computed 1.2% +/-0.2

source:
http://factfinder.census.gov/servlet/STTable?_bm=y&-geo_id=05000US06073&-qr_name=ACS_2008_3YR_G00_S2507&-ds_name=ACS_2008_3YR_G00_&-redoLog=false

If your home is exactly at the $479k median value for an owner occupied home – and you had the median income of $48k your ratio is more like 9 or 10.

[an]

You go UCGal, now that’s what I’m talking about. Great data. It definitely speaks for itself.

[an]

You go UCGal, now that’s what I’m talking about. Great data. It definitely speaks for itself.

[an]

You go UCGal, now that’s what I’m talking about. Great data. It definitely speaks for itself.

[an]

You go UCGal, now that’s what I’m talking about. Great data. It definitely speaks for itself.

[an]

You go UCGal, now that’s what I’m talking about. Great data. It definitely speaks for itself.

[bearishgurl]

Enter one-man rock-fight, LOL!

[bearishgurl]

Enter one-man rock-fight, LOL!

[bearishgurl]

Enter one-man rock-fight, LOL!

[bearishgurl]

Enter one-man rock-fight, LOL!

[Author]

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