The San Diego Housing Market Monitor

[an]

sdcellar, my data my be skewed, but I got my data from http://profilewarehouse.sandag.org/. I took 92126 as a sample size. Look at the median house hold income in 2000 and in 2008, according to 92126 data, nominal income went from ~$60k/yr to $82k/yr. Adjusted for inflation though, it’s ~$61k/yr in 2008. I can easily give anecdotal of my own as well. However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k. So, it’s well above the 35% I stated. However, I know that as your career mature, the income increase will plateau and it’ll be just around inflation or a little bit more if you’re good at what you do.

Nurses got a much steeper salary raise compare to engineer over the last few years.

[sdcellar]

[quote=AN]sdcellar, my data my be skewed, but I got my data from http://profilewarehouse.sandag.org/. I took 92126 as a sample size. Look at the median house hold income in 2000 and in 2008, according to 92126 data, nominal income went from ~$60k/yr to $82k/yr. Adjusted for inflation though, it’s ~$61k/yr in 2008. I can easily give anecdotal of my own as well. However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k. So, it’s well above the 35% I stated. However, I know that as your career mature, the income increase will plateau and it’ll be just around inflation or a little bit more if you’re good at what you do.

Nurses got a much steeper salary raise compare to engineer over the last few years.[/quote]Yes, we discussed SANDAG the other day and that doesn’t help me since they don’t even agree with themselves.

…and some other segment has done worse than engineers. It does help me understand why so many nurses were buying investment properties. (as long as we’re going to keep rolling with the anecdotes)

[sdcellar]

[quote=AN]sdcellar, my data my be skewed, but I got my data from http://profilewarehouse.sandag.org/. I took 92126 as a sample size. Look at the median house hold income in 2000 and in 2008, according to 92126 data, nominal income went from ~$60k/yr to $82k/yr. Adjusted for inflation though, it’s ~$61k/yr in 2008. I can easily give anecdotal of my own as well. However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k. So, it’s well above the 35% I stated. However, I know that as your career mature, the income increase will plateau and it’ll be just around inflation or a little bit more if you’re good at what you do.

Nurses got a much steeper salary raise compare to engineer over the last few years.[/quote]Yes, we discussed SANDAG the other day and that doesn’t help me since they don’t even agree with themselves.

…and some other segment has done worse than engineers. It does help me understand why so many nurses were buying investment properties. (as long as we’re going to keep rolling with the anecdotes)

[sdcellar]

[quote=AN]sdcellar, my data my be skewed, but I got my data from http://profilewarehouse.sandag.org/. I took 92126 as a sample size. Look at the median house hold income in 2000 and in 2008, according to 92126 data, nominal income went from ~$60k/yr to $82k/yr. Adjusted for inflation though, it’s ~$61k/yr in 2008. I can easily give anecdotal of my own as well. However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k. So, it’s well above the 35% I stated. However, I know that as your career mature, the income increase will plateau and it’ll be just around inflation or a little bit more if you’re good at what you do.

Nurses got a much steeper salary raise compare to engineer over the last few years.[/quote]Yes, we discussed SANDAG the other day and that doesn’t help me since they don’t even agree with themselves.

…and some other segment has done worse than engineers. It does help me understand why so many nurses were buying investment properties. (as long as we’re going to keep rolling with the anecdotes)

[sdcellar]

[quote=AN]sdcellar, my data my be skewed, but I got my data from http://profilewarehouse.sandag.org/. I took 92126 as a sample size. Look at the median house hold income in 2000 and in 2008, according to 92126 data, nominal income went from ~$60k/yr to $82k/yr. Adjusted for inflation though, it’s ~$61k/yr in 2008. I can easily give anecdotal of my own as well. However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k. So, it’s well above the 35% I stated. However, I know that as your career mature, the income increase will plateau and it’ll be just around inflation or a little bit more if you’re good at what you do.

Nurses got a much steeper salary raise compare to engineer over the last few years.[/quote]Yes, we discussed SANDAG the other day and that doesn’t help me since they don’t even agree with themselves.

…and some other segment has done worse than engineers. It does help me understand why so many nurses were buying investment properties. (as long as we’re going to keep rolling with the anecdotes)

[sdcellar]

[quote=AN]sdcellar, my data my be skewed, but I got my data from http://profilewarehouse.sandag.org/. I took 92126 as a sample size. Look at the median house hold income in 2000 and in 2008, according to 92126 data, nominal income went from ~$60k/yr to $82k/yr. Adjusted for inflation though, it’s ~$61k/yr in 2008. I can easily give anecdotal of my own as well. However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k. So, it’s well above the 35% I stated. However, I know that as your career mature, the income increase will plateau and it’ll be just around inflation or a little bit more if you’re good at what you do.

Nurses got a much steeper salary raise compare to engineer over the last few years.[/quote]Yes, we discussed SANDAG the other day and that doesn’t help me since they don’t even agree with themselves.

…and some other segment has done worse than engineers. It does help me understand why so many nurses were buying investment properties. (as long as we’re going to keep rolling with the anecdotes)

[PCinSD]

I’d be curious to know how many of the 40,000 to 80,000 sandiegans in default are there on purpose in an attempt to get more favorable terms from their lender.

I know of at least one person who intentionally defaulted on his 2nd. He thinks he may be able to pay it off for ten cents on the dollar. It’ll be interesting to see if this tactic works.

[PCinSD]

I’d be curious to know how many of the 40,000 to 80,000 sandiegans in default are there on purpose in an attempt to get more favorable terms from their lender.

I know of at least one person who intentionally defaulted on his 2nd. He thinks he may be able to pay it off for ten cents on the dollar. It’ll be interesting to see if this tactic works.

[PCinSD]

I’d be curious to know how many of the 40,000 to 80,000 sandiegans in default are there on purpose in an attempt to get more favorable terms from their lender.

I know of at least one person who intentionally defaulted on his 2nd. He thinks he may be able to pay it off for ten cents on the dollar. It’ll be interesting to see if this tactic works.

[PCinSD]

I’d be curious to know how many of the 40,000 to 80,000 sandiegans in default are there on purpose in an attempt to get more favorable terms from their lender.

I know of at least one person who intentionally defaulted on his 2nd. He thinks he may be able to pay it off for ten cents on the dollar. It’ll be interesting to see if this tactic works.

[PCinSD]

I’d be curious to know how many of the 40,000 to 80,000 sandiegans in default are there on purpose in an attempt to get more favorable terms from their lender.

I know of at least one person who intentionally defaulted on his 2nd. He thinks he may be able to pay it off for ten cents on the dollar. It’ll be interesting to see if this tactic works.

[sdcellar]

[quote=AN]However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k.[/quote]Also, is this what the class of 2000 is currently making or what 2008 freshouts are pulling down now?

At first, I thought it was the latter, but then started thinking it was the former. It certainly makes a difference.

[sdcellar]

[quote=AN]However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k.[/quote]Also, is this what the class of 2000 is currently making or what 2008 freshouts are pulling down now?

At first, I thought it was the latter, but then started thinking it was the former. It certainly makes a difference.

[sdcellar]

[quote=AN]However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k.[/quote]Also, is this what the class of 2000 is currently making or what 2008 freshouts are pulling down now?

At first, I thought it was the latter, but then started thinking it was the former. It certainly makes a difference.

[sdcellar]

[quote=AN]However, since most of the people I know graduated college after 2000, fresh grad engineers were making around $45k 7 years ago. Now, those same people are averaging around $85k.[/quote]Also, is this what the class of 2000 is currently making or what 2008 freshouts are pulling down now?

At first, I thought it was the latter, but then started thinking it was the former. It certainly makes a difference.

[Author]

Posts