Why is San Diego real estate still so expensive?

[sdrealtor]

When did you move from LA to SD? Salaries have come up quite a bit in SD relative to other places in the last 10 to 15 years. The “temperature tax” while still out there has gone down a bit.

Glad you are enjoying Sacramento. It is pretty up there and Tahoe is a pretty short drive away. Prices are very depressed up there because the bubble and eventual busrt up there was one of the largest in the country. Anyone memba Casey Serrin? That was his hometown.

[sdrealtor]

dude
FYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.

[sdrealtor]

dude
FYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.

[sdrealtor]

dude
FYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.

[sdrealtor]

dude
FYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.

[sdrealtor]

dude
FYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.

[sdduuuude]

[quote=sdrealtor]dudeFYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.[/quote]

Interesting number, but I don’t think it is useful or surprising. UE on a neighborhood-by-neighborhood basis is a self-fulfulling situation. Almost by definition, expensive neighborhoods will have lower unemployment that less-expensive neighborhoods.

In the long-term, the overall unemployment rate for the county seems the most sensible thing to use as a potential indicator.

Plus, we should probably look at the U6 unemployment numbers anyway.

[sdduuuude]

[quote=sdrealtor]dudeFYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.[/quote]

Interesting number, but I don’t think it is useful or surprising. UE on a neighborhood-by-neighborhood basis is a self-fulfulling situation. Almost by definition, expensive neighborhoods will have lower unemployment that less-expensive neighborhoods.

In the long-term, the overall unemployment rate for the county seems the most sensible thing to use as a potential indicator.

Plus, we should probably look at the U6 unemployment numbers anyway.

[sdduuuude]

[quote=sdrealtor]dudeFYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.[/quote]

Interesting number, but I don’t think it is useful or surprising. UE on a neighborhood-by-neighborhood basis is a self-fulfulling situation. Almost by definition, expensive neighborhoods will have lower unemployment that less-expensive neighborhoods.

In the long-term, the overall unemployment rate for the county seems the most sensible thing to use as a potential indicator.

Plus, we should probably look at the U6 unemployment numbers anyway.

[sdduuuude]

[quote=sdrealtor]dudeFYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.[/quote]

Interesting number, but I don’t think it is useful or surprising. UE on a neighborhood-by-neighborhood basis is a self-fulfulling situation. Almost by definition, expensive neighborhoods will have lower unemployment that less-expensive neighborhoods.

In the long-term, the overall unemployment rate for the county seems the most sensible thing to use as a potential indicator.

Plus, we should probably look at the U6 unemployment numbers anyway.

[sdduuuude]

[quote=sdrealtor]dudeFYI, per a UT article a week or two ago UE in my neighborhood is only around 5%. Dont know how accurate that is but according to the article it is a very bifurcated UE situation. Its 10+ in lower incoem areas and 5ish in NCC and Inland.[/quote]

Interesting number, but I don’t think it is useful or surprising. UE on a neighborhood-by-neighborhood basis is a self-fulfulling situation. Almost by definition, expensive neighborhoods will have lower unemployment that less-expensive neighborhoods.

In the long-term, the overall unemployment rate for the county seems the most sensible thing to use as a potential indicator.

Plus, we should probably look at the U6 unemployment numbers anyway.

[an]

[quote=CA renter]
IMHO, the notion that SD and LA pay are about equal would probably only apply to a few industries. Having grown up in LA, the biggest surprise when I moved to SD was the MUCH lower pay, and everyone else I know who made the same move (outside of tech) experienced the same shock when they moved down here. SD pay sucks for those outside of tech or biotech. LA has much better prospects for people in most other industries, IMHO.[/quote]
Data from salary.com, using 25th and 75th percentile:
Software Engineer V
SD – $109k-$132k
LA – $112k-$135k
Bay area – $121k-$147k

Certified Nurse Anesthetist:
SD – $157k-$180k
LA – $161k-$184k
Bay area – $175k-$200k

Attorney III:
SD – $137k-$182k
LA – $141k-$187k
Bay area – $153k-$203k

Surgeon – Neurology:
SD – $426k-$660k
LA – $436k-$675k
Bay area – $474k-$735k

School Principal:
SD – $90k-$114k
LA – $92k-$117k
Bay area – $100k-$127k

I think I cover a pretty good gamut of industries. As the numbers show, LA pay is 2-3% higher than SD and Bay area is 11-12% higher than SD.

So, as sdr asked earlier, when did you leave LA and what sources did you use to compare the pay between the cities? Now that we have the data for income, I’ve looked into this before but I’ll let you take a shot at looking it up for yourself, can you tell me how much an older home similar to Solana Beach with ~2500 sq-ft on 1/4 acre w/ a view in top school areas goes for in LA and Bay area?

[an]

[quote=CA renter]
IMHO, the notion that SD and LA pay are about equal would probably only apply to a few industries. Having grown up in LA, the biggest surprise when I moved to SD was the MUCH lower pay, and everyone else I know who made the same move (outside of tech) experienced the same shock when they moved down here. SD pay sucks for those outside of tech or biotech. LA has much better prospects for people in most other industries, IMHO.[/quote]
Data from salary.com, using 25th and 75th percentile:
Software Engineer V
SD – $109k-$132k
LA – $112k-$135k
Bay area – $121k-$147k

Certified Nurse Anesthetist:
SD – $157k-$180k
LA – $161k-$184k
Bay area – $175k-$200k

Attorney III:
SD – $137k-$182k
LA – $141k-$187k
Bay area – $153k-$203k

Surgeon – Neurology:
SD – $426k-$660k
LA – $436k-$675k
Bay area – $474k-$735k

School Principal:
SD – $90k-$114k
LA – $92k-$117k
Bay area – $100k-$127k

I think I cover a pretty good gamut of industries. As the numbers show, LA pay is 2-3% higher than SD and Bay area is 11-12% higher than SD.

So, as sdr asked earlier, when did you leave LA and what sources did you use to compare the pay between the cities? Now that we have the data for income, I’ve looked into this before but I’ll let you take a shot at looking it up for yourself, can you tell me how much an older home similar to Solana Beach with ~2500 sq-ft on 1/4 acre w/ a view in top school areas goes for in LA and Bay area?

[an]

[quote=CA renter]
IMHO, the notion that SD and LA pay are about equal would probably only apply to a few industries. Having grown up in LA, the biggest surprise when I moved to SD was the MUCH lower pay, and everyone else I know who made the same move (outside of tech) experienced the same shock when they moved down here. SD pay sucks for those outside of tech or biotech. LA has much better prospects for people in most other industries, IMHO.[/quote]
Data from salary.com, using 25th and 75th percentile:
Software Engineer V
SD – $109k-$132k
LA – $112k-$135k
Bay area – $121k-$147k

Certified Nurse Anesthetist:
SD – $157k-$180k
LA – $161k-$184k
Bay area – $175k-$200k

Attorney III:
SD – $137k-$182k
LA – $141k-$187k
Bay area – $153k-$203k

Surgeon – Neurology:
SD – $426k-$660k
LA – $436k-$675k
Bay area – $474k-$735k

School Principal:
SD – $90k-$114k
LA – $92k-$117k
Bay area – $100k-$127k

I think I cover a pretty good gamut of industries. As the numbers show, LA pay is 2-3% higher than SD and Bay area is 11-12% higher than SD.

So, as sdr asked earlier, when did you leave LA and what sources did you use to compare the pay between the cities? Now that we have the data for income, I’ve looked into this before but I’ll let you take a shot at looking it up for yourself, can you tell me how much an older home similar to Solana Beach with ~2500 sq-ft on 1/4 acre w/ a view in top school areas goes for in LA and Bay area?

[an]

[quote=CA renter]
IMHO, the notion that SD and LA pay are about equal would probably only apply to a few industries. Having grown up in LA, the biggest surprise when I moved to SD was the MUCH lower pay, and everyone else I know who made the same move (outside of tech) experienced the same shock when they moved down here. SD pay sucks for those outside of tech or biotech. LA has much better prospects for people in most other industries, IMHO.[/quote]
Data from salary.com, using 25th and 75th percentile:
Software Engineer V
SD – $109k-$132k
LA – $112k-$135k
Bay area – $121k-$147k

Certified Nurse Anesthetist:
SD – $157k-$180k
LA – $161k-$184k
Bay area – $175k-$200k

Attorney III:
SD – $137k-$182k
LA – $141k-$187k
Bay area – $153k-$203k

Surgeon – Neurology:
SD – $426k-$660k
LA – $436k-$675k
Bay area – $474k-$735k

School Principal:
SD – $90k-$114k
LA – $92k-$117k
Bay area – $100k-$127k

I think I cover a pretty good gamut of industries. As the numbers show, LA pay is 2-3% higher than SD and Bay area is 11-12% higher than SD.

So, as sdr asked earlier, when did you leave LA and what sources did you use to compare the pay between the cities? Now that we have the data for income, I’ve looked into this before but I’ll let you take a shot at looking it up for yourself, can you tell me how much an older home similar to Solana Beach with ~2500 sq-ft on 1/4 acre w/ a view in top school areas goes for in LA and Bay area?

[Author]

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