The Overinflated Fear of Being Priced Out of Housing

[FlyerInHi]

There are expectations to live up to when you live a abroad. As an American, you need money. If not, you lose the locals’ respect and maybe your wife love also.

Sorry to say but money is essential. You don’t need to be filthy rich, but no matter where you live, you need enough money so people look up to you and respect you. Otherwise, you live on the margin of society.

Also, living in San Diego in a cheap condo might suit you, but not a good way to find a gf/wife. No money, no honey applies wirh exceptions.

Joec has to live the lifestyle his wife wants. Otherwise, we’ve got problems.

[spdrun]

If the dating market in San Diego is so fucked up that women won’t date a guy with a condo in an OK area (92116, 92126) and two other rental condos because of where he lives, maybe it’s best to leave San Diego. Or develop a personality that makes people want to date you.

Or date women from even less upscale areas 😉

[mixxalot]

Or date foreign women and live overseas. Better quality of social and dating life by far. When I was in South America, I had model quality girlfriends compared to dead sausage fest Man Diego places.

[FlyerInHi]

[quote=mixxalot]Or date foreign women and live overseas. Better quality of social and dating life by far. When I was in South America, I had model quality girlfriends compared to dead sausage fest Man Diego places.[/quote]

That’s because you are a high-status American when you’re abroad. But if you live there a long time, and don’t earn/spend much money, your status will erode until the locals laugh at you, and prohibit their daughters from seeing you. That happens a lot.

And is you marry abroad, people will start to wonder why you don’t take your family to the glamorous lifestyle of America, or send your kids to international schools (read high tuition). You should expect to earn enough or have a high paying job that allows you to fly back and forth to the states during holiday. Can you afford travel expenses for a family of 4, or maybe 6, including your in-laws?

[spdrun]

^^^ that’s the stereotype. I know people who’ve moved out of the US and married locally, or moved out of the US with their spouse after marrying. They don’t spend a hell of a lot of time in the US any more, especially since the US has made travel a royal PiTA.

There are people who are actually happy outside of the US, believe it or not.

[spdrun]

Or live in the US and date foreign-born women 🙂 Not as if they’re in such short supply in California (or NY). Maybe I’ve had bad experiences, but I’ve felt like white/Americans often turn dating into some sort of tedious head-game with too many rules.

[FlyerInHi]

Stereotypes form expectations.

But let me ask you spd, if you’re an American living abroad, would you send your kids to local schools or would you, and especially your wife, want to send them to international schools (almost college tuition). Wouldn’t your wife expect the kids to go to university in America. Better start saving money now.

[spdrun]

Local schools. Public, private, or Catholic depending on country. I wouldn’t want them growing up surrounded by coked-up embassy brats in an international/American school.

University would depend on circumstance. e.g. medical school in many European countries is cheaper, shorter (it’s combined undergrad and grad) and as good as school in the US.

I’d rather have them study in Poland than the US, for example.

[matt]

I met my Mexican wife at usd. Now we live in the UAE and hope to save enough to retire in Mexico possibly living off rental cash flows in San Diego.. The local American community school is almost 20k per child and a major factor in our finances which are getting chipped away at by the macro economic conditions. There’s no coke to my knowledge.. Is it a good school – I would guess it’s a 9 or 10 in San Diego. But the life experience and understanding America is not the center of the world is priceless. Missing the gorgeous San Diego weather right now ….

[FlyerInHi]

[quote=matt]I met my Mexican wife at usd. Now we live in the UAE and hope to save enough to retire in Mexico possibly living off rental cash flows in San Diego.. The local American community school is almost 20k per child and a major factor in our finances which are getting chipped away at by the macro economic conditions. There’s no coke to my knowledge.. Is it a good school – I would guess it’s a 9 or 10 in San Diego. But the life experience and understanding America is not the center of the world is priceless. Missing the gorgeous San Diego weather right now ….[/quote]

If you want to retire in Mexico, you might want to consider rental cash flows in Texas, Nevada, or elsewhere. The returns in SD are not good.

[outtamojo]

fwiw, Lennar says land and labor shortages are preventing builders from accelerating buildout.

https://www.yahoo.com/finance/news/homebuilder-ceo-welcome-housing-markets-185925111.html

[The-Shoveler]

I would say that in SoCal at least, Land use restrictions and building codes (along with Labor shortages “seems Millennials are not crazy about building careers in construction”).

We have zoned in housing shortages.

[FlyerInHi]

[quote=The-Shoveler]I would say that in SoCal at least, Land use restrictions and building codes (along with Labor shortages “seems Millennials are not crazy about building careers in construction”).

We have zoned in housing shortages.[/quote]

Yes, I’ve been saying that all along.
Not good for young people and the long term health of the local economy. Not good for old people either because their kids are having to leave the state.

I wonder who many people here have adult kids who live within 1 hour’s drive.

[spdrun]

If the old people who stay eventually move out of state to be closer to their kids, who have put down roots, their houses might end up on the market. This is a good thing for the young that will stay. And the cycle continues…

[FlyerInHi]

[quote=spdrun]If the old people who stay eventually move out of state to be closer to their kids, who have put down roots, their houses might end up on the market. This is a good thing for the young that will stay. And the cycle continues…[/quote]

Yes and that’s why the demographics are changing as big cities across the country become more cosmopolitan.

[Author]

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