What’s your family income?

[Dr Kevin]

How are some people renting for 1300 in riverside while others are renting 1300 in carlsbad??? That’s too bizarre.

[Dr Kevin]

How are some people renting for 1300 in riverside while others are renting 1300 in carlsbad??? That’s too bizarre.

[lostkitty]

We make plenty. About 4x’s the median (husband’s career), not counting my little 8 hr/wk 9 mo per year business +/-$12k (which all goes to paying for my kids’ extracurricular interests). I basically just stay home with kids.

Paid 330k for our big beautiful house in an unbelievably excellent public school system, gorgeous location. San Diego is beautiful (I grew up in Sol Beach/RSF/Del Mar so i know it well) – but it’s gone a bit manic depressive.

[lostkitty]

We make plenty. About 4x’s the median (husband’s career), not counting my little 8 hr/wk 9 mo per year business +/-$12k (which all goes to paying for my kids’ extracurricular interests). I basically just stay home with kids.

Paid 330k for our big beautiful house in an unbelievably excellent public school system, gorgeous location. San Diego is beautiful (I grew up in Sol Beach/RSF/Del Mar so i know it well) – but it’s gone a bit manic depressive.

[Artifact]

We have 1 income (mine) of 75K to 80K depending on bonuses. That covers me, 1 wife (who stays home) and 2 young kids – I have a PhD from UCSD and my wife has a BA – but the only degree she needs at the moment is in patience.

So I guess that puts us over median household and family, but under median per capita – we rent in Carlsbad/Encinitas for roughly 1500. We have savings for 20% down on a “normally” priced starter home, but doubtful that will be in North County. Makes it look appealing to move (within my current employer, so same pay level) to a more affordable market. But for now we are just waiting semi-patiently to see what the market does in the next year.

[Artifact]

We have 1 income (mine) of 75K to 80K depending on bonuses. That covers me, 1 wife (who stays home) and 2 young kids – I have a PhD from UCSD and my wife has a BA – but the only degree she needs at the moment is in patience.

So I guess that puts us over median household and family, but under median per capita – we rent in Carlsbad/Encinitas for roughly 1500. We have savings for 20% down on a “normally” priced starter home, but doubtful that will be in North County. Makes it look appealing to move (within my current employer, so same pay level) to a more affordable market. But for now we are just waiting semi-patiently to see what the market does in the next year.

[PD]

My husband is also a USC alum. I’m looking forward to the day when his pay is no longer constrained by government pay scales. However, he keeps threatening to become a Forest Ranger.
I’m the official Investment Advisor for our family. My performance hasn’t been as good this year the year before as I’ve been too bearish.

[PD]

My husband is also a USC alum. I’m looking forward to the day when his pay is no longer constrained by government pay scales. However, he keeps threatening to become a Forest Ranger.
I’m the official Investment Advisor for our family. My performance hasn’t been as good this year the year before as I’ve been too bearish.

[Anonymous]

I’m guessing that ‘household’ is composed, mostly, of that lovely liberal living arrangement called ‘shacking up.’

[Anonymous]

I’m guessing that ‘household’ is composed, mostly, of that lovely liberal living arrangement called ‘shacking up.’

[slackerboy]

Two adults, college educated, household income around 200k, but we only work part-time and take three months off, we have been saving and investing for a number of years so now our work income is around 120k and our investment income is 80k. We paid cash for our very modest condo, have no debt, and drive a 2000 Toyota. We live on around 60k a year, the rest we put away so we can retire in a couple of years at age 52.

[slackerboy]

Two adults, college educated, household income around 200k, but we only work part-time and take three months off, we have been saving and investing for a number of years so now our work income is around 120k and our investment income is 80k. We paid cash for our very modest condo, have no debt, and drive a 2000 Toyota. We live on around 60k a year, the rest we put away so we can retire in a couple of years at age 52.

[startingout]

How are some people renting for 1300 in riverside while others are renting 1300 in carlsbad??? That’s too bizarre.

Dr. Kevin, I think it is too. 🙂 We’ve been living at this complex since 2004, when we originally rented a 1 bd/1ba 715 sq. ft. for $890 or something like that. In Feb. 2007 (still in the same 1 bd. 1 ba., but then at $1090), we decided we needed to upgrade to a 2 bd (we were just really feeling cramped).

I’m tellin ya, we looked at every complex in Riverside and Moreno Valley that didn’t look like the cops visited it every night, and we found that our complex was the best deal around (i.e. lowest rent in a decent complex). The thing is, most of the older complexes with the more reasonable rents have fallen into disrepair, and are usually in VERY questionable neighborhoods. Newer complexes are obviously newer and are generally in better shape, but the rent at these newer complexes for a 2bd starts at at least $1400. There is one particular complex called diRenzo whose rents start at $1550.

So, we stayed at our complex, but moved up to the 2bd/1.5ba model, 975 sq ft., $1,285 (I rounded up in my earlier post). And we only got the rent at $1,285 because they were running a special at the time (which strangely all the other complexes were doing too), the rent would have normally been $1325. And soon our rent will be going up by $50 because they are going to install washers/dryers in each unit (which I am happy for, but $50 seems high).

[startingout]

How are some people renting for 1300 in riverside while others are renting 1300 in carlsbad??? That’s too bizarre.

Dr. Kevin, I think it is too. 🙂 We’ve been living at this complex since 2004, when we originally rented a 1 bd/1ba 715 sq. ft. for $890 or something like that. In Feb. 2007 (still in the same 1 bd. 1 ba., but then at $1090), we decided we needed to upgrade to a 2 bd (we were just really feeling cramped).

I’m tellin ya, we looked at every complex in Riverside and Moreno Valley that didn’t look like the cops visited it every night, and we found that our complex was the best deal around (i.e. lowest rent in a decent complex). The thing is, most of the older complexes with the more reasonable rents have fallen into disrepair, and are usually in VERY questionable neighborhoods. Newer complexes are obviously newer and are generally in better shape, but the rent at these newer complexes for a 2bd starts at at least $1400. There is one particular complex called diRenzo whose rents start at $1550.

So, we stayed at our complex, but moved up to the 2bd/1.5ba model, 975 sq ft., $1,285 (I rounded up in my earlier post). And we only got the rent at $1,285 because they were running a special at the time (which strangely all the other complexes were doing too), the rent would have normally been $1325. And soon our rent will be going up by $50 because they are going to install washers/dryers in each unit (which I am happy for, but $50 seems high).

[KIBU]

Gee, no body even laughed at my joke. Maybe they even believed that I had 3 wives for real or more likely nobody cares.

Anyway, I need to clarify for my own sake since I am going to post more posts here to ask you a lot more questions…. Here is my real me: I have only 1 wife, I am 30 years old. I also calculated that until I am 65 years old, all we could afford is complete payment of a house (hasn’t bought yet).

[Author]

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