Why is San Diego real estate still so expensive?

[mixxalot]

I see few good jobs that pay enough to purchase a 3 bedroom 2 bath home in San Diego. Why are real estate prices in San Diego still expensive? Who is paying these prices? Florida is HALF the price except in few places like Bay Biscayne in South Beach Miami and has same benefits. Economy sucks in San Diego.

[fredo4]

That’s what I’ve been trying to figure out for the last couple of years. My guess is that the tax credit drew out investors and those who sold at the top of the market and wanted to buy again and score a “deal” after the dip in prices. I can’t think of any other reason since the median house price and median income just don’t match up. Any other ideas out there? They aren’t just handing out loans to anyone like they were a few years ago, are they?

[fredo4]

That’s what I’ve been trying to figure out for the last couple of years. My guess is that the tax credit drew out investors and those who sold at the top of the market and wanted to buy again and score a “deal” after the dip in prices. I can’t think of any other reason since the median house price and median income just don’t match up. Any other ideas out there? They aren’t just handing out loans to anyone like they were a few years ago, are they?

[fredo4]

That’s what I’ve been trying to figure out for the last couple of years. My guess is that the tax credit drew out investors and those who sold at the top of the market and wanted to buy again and score a “deal” after the dip in prices. I can’t think of any other reason since the median house price and median income just don’t match up. Any other ideas out there? They aren’t just handing out loans to anyone like they were a few years ago, are they?

[fredo4]

That’s what I’ve been trying to figure out for the last couple of years. My guess is that the tax credit drew out investors and those who sold at the top of the market and wanted to buy again and score a “deal” after the dip in prices. I can’t think of any other reason since the median house price and median income just don’t match up. Any other ideas out there? They aren’t just handing out loans to anyone like they were a few years ago, are they?

[fredo4]

That’s what I’ve been trying to figure out for the last couple of years. My guess is that the tax credit drew out investors and those who sold at the top of the market and wanted to buy again and score a “deal” after the dip in prices. I can’t think of any other reason since the median house price and median income just don’t match up. Any other ideas out there? They aren’t just handing out loans to anyone like they were a few years ago, are they?

[SD Realtor]

San Diego is one of the best climates on the planet. It has a wide diversity of jobs, and is simply a very very VERY nice place to live. The median home price has never matched up to any other averages, not now, not 10 years ago, not 20 years ago. It is doubtful that they ever will. There are plenty of affordable areas in San Diego but they may not be in neighborhoods that you want to live in. The market is set by the buyers not the sellers. The fact is that there are plenty of buyers willing to pay more as they have the means to be able to do so.

[SD Realtor]

San Diego is one of the best climates on the planet. It has a wide diversity of jobs, and is simply a very very VERY nice place to live. The median home price has never matched up to any other averages, not now, not 10 years ago, not 20 years ago. It is doubtful that they ever will. There are plenty of affordable areas in San Diego but they may not be in neighborhoods that you want to live in. The market is set by the buyers not the sellers. The fact is that there are plenty of buyers willing to pay more as they have the means to be able to do so.

[SD Realtor]

San Diego is one of the best climates on the planet. It has a wide diversity of jobs, and is simply a very very VERY nice place to live. The median home price has never matched up to any other averages, not now, not 10 years ago, not 20 years ago. It is doubtful that they ever will. There are plenty of affordable areas in San Diego but they may not be in neighborhoods that you want to live in. The market is set by the buyers not the sellers. The fact is that there are plenty of buyers willing to pay more as they have the means to be able to do so.

[SD Realtor]

San Diego is one of the best climates on the planet. It has a wide diversity of jobs, and is simply a very very VERY nice place to live. The median home price has never matched up to any other averages, not now, not 10 years ago, not 20 years ago. It is doubtful that they ever will. There are plenty of affordable areas in San Diego but they may not be in neighborhoods that you want to live in. The market is set by the buyers not the sellers. The fact is that there are plenty of buyers willing to pay more as they have the means to be able to do so.

[SD Realtor]

San Diego is one of the best climates on the planet. It has a wide diversity of jobs, and is simply a very very VERY nice place to live. The median home price has never matched up to any other averages, not now, not 10 years ago, not 20 years ago. It is doubtful that they ever will. There are plenty of affordable areas in San Diego but they may not be in neighborhoods that you want to live in. The market is set by the buyers not the sellers. The fact is that there are plenty of buyers willing to pay more as they have the means to be able to do so.

[blahblahblah]

I can think of four reasons why real estate in SD is twice as expensive as in Florida:

1) Sweltering heat and humidity
2) Bugs
3) Alligators
4) Rednecks

I’m sure there are others, but these four are enough to keep me away from Florida.

[blahblahblah]

I can think of four reasons why real estate in SD is twice as expensive as in Florida:

1) Sweltering heat and humidity
2) Bugs
3) Alligators
4) Rednecks

I’m sure there are others, but these four are enough to keep me away from Florida.

[blahblahblah]

I can think of four reasons why real estate in SD is twice as expensive as in Florida:

1) Sweltering heat and humidity
2) Bugs
3) Alligators
4) Rednecks

I’m sure there are others, but these four are enough to keep me away from Florida.

[blahblahblah]

I can think of four reasons why real estate in SD is twice as expensive as in Florida:

1) Sweltering heat and humidity
2) Bugs
3) Alligators
4) Rednecks

I’m sure there are others, but these four are enough to keep me away from Florida.

[Author]

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