Why is San Diego real estate still so expensive?

[briansd1]

[quote=jstoesz]
As to home prices, high home price to income ratio shows a pretty appalling culture…[/quote]

Yes, I absolutely agree.

[paramount]

When I bought my house for 270k about 8 years ago I was making about 100k. I think I was reasonably conservative, not to mention that I had 30k as a down payment.

I happen to be a gray collar worker with (2) Engineering degrees.

As time went on I began to realize that I probably don’t really ‘fit’ into my community which is primarily a working class neighborhood – particularly since many (I suspect) were exaggerating their income to buy even into my lower end community.

A clash of cultures from my perspective.

Fortunately I have had more staying power since most who moved in over the last 6 years or so are gone.

[paramount]

When I bought my house for 270k about 8 years ago I was making about 100k. I think I was reasonably conservative, not to mention that I had 30k as a down payment.

I happen to be a gray collar worker with (2) Engineering degrees.

As time went on I began to realize that I probably don’t really ‘fit’ into my community which is primarily a working class neighborhood – particularly since many (I suspect) were exaggerating their income to buy even into my lower end community.

A clash of cultures from my perspective.

Fortunately I have had more staying power since most who moved in over the last 6 years or so are gone.

[paramount]

When I bought my house for 270k about 8 years ago I was making about 100k. I think I was reasonably conservative, not to mention that I had 30k as a down payment.

I happen to be a gray collar worker with (2) Engineering degrees.

As time went on I began to realize that I probably don’t really ‘fit’ into my community which is primarily a working class neighborhood – particularly since many (I suspect) were exaggerating their income to buy even into my lower end community.

A clash of cultures from my perspective.

Fortunately I have had more staying power since most who moved in over the last 6 years or so are gone.

[paramount]

When I bought my house for 270k about 8 years ago I was making about 100k. I think I was reasonably conservative, not to mention that I had 30k as a down payment.

I happen to be a gray collar worker with (2) Engineering degrees.

As time went on I began to realize that I probably don’t really ‘fit’ into my community which is primarily a working class neighborhood – particularly since many (I suspect) were exaggerating their income to buy even into my lower end community.

A clash of cultures from my perspective.

Fortunately I have had more staying power since most who moved in over the last 6 years or so are gone.

[paramount]

When I bought my house for 270k about 8 years ago I was making about 100k. I think I was reasonably conservative, not to mention that I had 30k as a down payment.

I happen to be a gray collar worker with (2) Engineering degrees.

As time went on I began to realize that I probably don’t really ‘fit’ into my community which is primarily a working class neighborhood – particularly since many (I suspect) were exaggerating their income to buy even into my lower end community.

A clash of cultures from my perspective.

Fortunately I have had more staying power since most who moved in over the last 6 years or so are gone.

[Author]

Posts