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June 16, 2011 at 10:11 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704872June 16, 2011 at 10:11 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705027
bearishgurl
Participant[quote=mixxalot]…Cost of living to rent is about the same as San Diego so it amazes me why socal companies pay peanut wages with high living costs? Never understood this…[/quote]
Absolutely correct, here, mixxalot. Even rent control is in effect in some areas.
June 16, 2011 at 10:11 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705385Participant[quote=mixxalot]…Cost of living to rent is about the same as San Diego so it amazes me why socal companies pay peanut wages with high living costs? Never understood this…[/quote]
Absolutely correct, here, mixxalot. Even rent control is in effect in some areas.
June 16, 2011 at 10:08 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704184Participant[quote=SmellsFeeshy]Are there any relatively low priced but decent areas to live in the Silicon Valley area that don’t require you to win the IPO lottery to afford? Say an area like Mira Mesa or Clairemont in proximity to Sorrento Valley. Or would you have to live in BFE up in Norcal to get something anywhere close to affordable?[/quote]
My kid has lived in the “City” for almost 7 years. She is less than one mile from her job. The trick is to NOT commute. If you think you need 3000 sf or a *new(er)* house upon acceptance of a position in SF/Silly Valley, you’re probably SOL. Although some are better than others inventory-wise, there’s really nothing wrong with ANY of the cities/towns around there. Even each of the various communities of SF have their redeeming qualities. As an incoming new employee, you need to have housing expectations in line with the inventory that is available in that region in your price range to avoid a commuting nightmare. It’s as simple as that.
Public transportation within SF and also SAMTRANS (San Mateo Transit) is far superior and more far-reaching than anything the MTSD (Metropolitan Transit District SD [County]) or the SD Trolley has to offer.
For the money that region pays a typical worker (approx 45% more than SD Co for the same position acc to my personal “study”), living within your means there is a small price to pay for the tremendous level of opportunities afforded a worker which are unavailable in SD County.
June 16, 2011 at 10:08 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704278Participant[quote=SmellsFeeshy]Are there any relatively low priced but decent areas to live in the Silicon Valley area that don’t require you to win the IPO lottery to afford? Say an area like Mira Mesa or Clairemont in proximity to Sorrento Valley. Or would you have to live in BFE up in Norcal to get something anywhere close to affordable?[/quote]
My kid has lived in the “City” for almost 7 years. She is less than one mile from her job. The trick is to NOT commute. If you think you need 3000 sf or a *new(er)* house upon acceptance of a position in SF/Silly Valley, you’re probably SOL. Although some are better than others inventory-wise, there’s really nothing wrong with ANY of the cities/towns around there. Even each of the various communities of SF have their redeeming qualities. As an incoming new employee, you need to have housing expectations in line with the inventory that is available in that region in your price range to avoid a commuting nightmare. It’s as simple as that.
Public transportation within SF and also SAMTRANS (San Mateo Transit) is far superior and more far-reaching than anything the MTSD (Metropolitan Transit District SD [County]) or the SD Trolley has to offer.
For the money that region pays a typical worker (approx 45% more than SD Co for the same position acc to my personal “study”), living within your means there is a small price to pay for the tremendous level of opportunities afforded a worker which are unavailable in SD County.
June 16, 2011 at 10:08 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704867Participant[quote=SmellsFeeshy]Are there any relatively low priced but decent areas to live in the Silicon Valley area that don’t require you to win the IPO lottery to afford? Say an area like Mira Mesa or Clairemont in proximity to Sorrento Valley. Or would you have to live in BFE up in Norcal to get something anywhere close to affordable?[/quote]
My kid has lived in the “City” for almost 7 years. She is less than one mile from her job. The trick is to NOT commute. If you think you need 3000 sf or a *new(er)* house upon acceptance of a position in SF/Silly Valley, you’re probably SOL. Although some are better than others inventory-wise, there’s really nothing wrong with ANY of the cities/towns around there. Even each of the various communities of SF have their redeeming qualities. As an incoming new employee, you need to have housing expectations in line with the inventory that is available in that region in your price range to avoid a commuting nightmare. It’s as simple as that.
Public transportation within SF and also SAMTRANS (San Mateo Transit) is far superior and more far-reaching than anything the MTSD (Metropolitan Transit District SD [County]) or the SD Trolley has to offer.
For the money that region pays a typical worker (approx 45% more than SD Co for the same position acc to my personal “study”), living within your means there is a small price to pay for the tremendous level of opportunities afforded a worker which are unavailable in SD County.
June 16, 2011 at 10:08 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705022Participant[quote=SmellsFeeshy]Are there any relatively low priced but decent areas to live in the Silicon Valley area that don’t require you to win the IPO lottery to afford? Say an area like Mira Mesa or Clairemont in proximity to Sorrento Valley. Or would you have to live in BFE up in Norcal to get something anywhere close to affordable?[/quote]
My kid has lived in the “City” for almost 7 years. She is less than one mile from her job. The trick is to NOT commute. If you think you need 3000 sf or a *new(er)* house upon acceptance of a position in SF/Silly Valley, you’re probably SOL. Although some are better than others inventory-wise, there’s really nothing wrong with ANY of the cities/towns around there. Even each of the various communities of SF have their redeeming qualities. As an incoming new employee, you need to have housing expectations in line with the inventory that is available in that region in your price range to avoid a commuting nightmare. It’s as simple as that.
Public transportation within SF and also SAMTRANS (San Mateo Transit) is far superior and more far-reaching than anything the MTSD (Metropolitan Transit District SD [County]) or the SD Trolley has to offer.
For the money that region pays a typical worker (approx 45% more than SD Co for the same position acc to my personal “study”), living within your means there is a small price to pay for the tremendous level of opportunities afforded a worker which are unavailable in SD County.
June 16, 2011 at 10:08 PM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705380Participant[quote=SmellsFeeshy]Are there any relatively low priced but decent areas to live in the Silicon Valley area that don’t require you to win the IPO lottery to afford? Say an area like Mira Mesa or Clairemont in proximity to Sorrento Valley. Or would you have to live in BFE up in Norcal to get something anywhere close to affordable?[/quote]
My kid has lived in the “City” for almost 7 years. She is less than one mile from her job. The trick is to NOT commute. If you think you need 3000 sf or a *new(er)* house upon acceptance of a position in SF/Silly Valley, you’re probably SOL. Although some are better than others inventory-wise, there’s really nothing wrong with ANY of the cities/towns around there. Even each of the various communities of SF have their redeeming qualities. As an incoming new employee, you need to have housing expectations in line with the inventory that is available in that region in your price range to avoid a commuting nightmare. It’s as simple as that.
Public transportation within SF and also SAMTRANS (San Mateo Transit) is far superior and more far-reaching than anything the MTSD (Metropolitan Transit District SD [County]) or the SD Trolley has to offer.
For the money that region pays a typical worker (approx 45% more than SD Co for the same position acc to my personal “study”), living within your means there is a small price to pay for the tremendous level of opportunities afforded a worker which are unavailable in SD County.
June 16, 2011 at 11:22 AM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704100ParticipantAs I posted around the new year, my kid who just graduated last month from SFSU (biz-related major w/2 related minors) started a new mgmt position with a worldwide tech firm HQ’d in SF with about 1350 workers in SF and Silly Valley. She was hired 20 days after finishing her studies last December and began work 25 days after finishing her studies (with the holidays in the interim). Job’s working out great and they cut two months off her probationary period – passed :=]
There’s NO WAY this would have happened in SD. She would have boomeranged back home and got a job in a coffee shop.
June 16, 2011 at 11:22 AM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704194ParticipantAs I posted around the new year, my kid who just graduated last month from SFSU (biz-related major w/2 related minors) started a new mgmt position with a worldwide tech firm HQ’d in SF with about 1350 workers in SF and Silly Valley. She was hired 20 days after finishing her studies last December and began work 25 days after finishing her studies (with the holidays in the interim). Job’s working out great and they cut two months off her probationary period – passed :=]
There’s NO WAY this would have happened in SD. She would have boomeranged back home and got a job in a coffee shop.
June 16, 2011 at 11:22 AM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704782ParticipantAs I posted around the new year, my kid who just graduated last month from SFSU (biz-related major w/2 related minors) started a new mgmt position with a worldwide tech firm HQ’d in SF with about 1350 workers in SF and Silly Valley. She was hired 20 days after finishing her studies last December and began work 25 days after finishing her studies (with the holidays in the interim). Job’s working out great and they cut two months off her probationary period – passed :=]
There’s NO WAY this would have happened in SD. She would have boomeranged back home and got a job in a coffee shop.
June 16, 2011 at 11:22 AM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #704936ParticipantAs I posted around the new year, my kid who just graduated last month from SFSU (biz-related major w/2 related minors) started a new mgmt position with a worldwide tech firm HQ’d in SF with about 1350 workers in SF and Silly Valley. She was hired 20 days after finishing her studies last December and began work 25 days after finishing her studies (with the holidays in the interim). Job’s working out great and they cut two months off her probationary period – passed :=]
There’s NO WAY this would have happened in SD. She would have boomeranged back home and got a job in a coffee shop.
June 16, 2011 at 11:22 AM in reply to: It’s not all gloom and doom. “Silly” Valley values booming #705295ParticipantAs I posted around the new year, my kid who just graduated last month from SFSU (biz-related major w/2 related minors) started a new mgmt position with a worldwide tech firm HQ’d in SF with about 1350 workers in SF and Silly Valley. She was hired 20 days after finishing her studies last December and began work 25 days after finishing her studies (with the holidays in the interim). Job’s working out great and they cut two months off her probationary period – passed :=]
There’s NO WAY this would have happened in SD. She would have boomeranged back home and got a job in a coffee shop.
June 13, 2011 at 6:28 PM in reply to: Robert Shiller – home prices could slide for 20 years? #703066ParticipantPiggs, I guess what I’m trying to say here is that I read here several times a week that potential buyers are “waiting for bottom.” Some state they are wishing to purchase in “highly desirable areas” of SD County. I don’t see this “bottom-yet-to-come” constellation in those areas. Perhaps the bottom is not yet here for an exurb and/or inland subdivision built since 2000. Perhaps those buyers should wait to buy unless they can strike a GREAT deal now. But for the buyers waiting for SFRs in coastal zip codes (esp one stories, those with a good view or custom-built) to take a nosedive in value, I feel some will wait forever, given the current mindset. Meanwhile, these properties may be snapped up by more confident buyers who recognize value when they see it. I’m not “bullish.” I’ve just been around long enough to know what is real and how to make it work.
June 13, 2011 at 6:28 PM in reply to: Robert Shiller – home prices could slide for 20 years? #703163ParticipantPiggs, I guess what I’m trying to say here is that I read here several times a week that potential buyers are “waiting for bottom.” Some state they are wishing to purchase in “highly desirable areas” of SD County. I don’t see this “bottom-yet-to-come” constellation in those areas. Perhaps the bottom is not yet here for an exurb and/or inland subdivision built since 2000. Perhaps those buyers should wait to buy unless they can strike a GREAT deal now. But for the buyers waiting for SFRs in coastal zip codes (esp one stories, those with a good view or custom-built) to take a nosedive in value, I feel some will wait forever, given the current mindset. Meanwhile, these properties may be snapped up by more confident buyers who recognize value when they see it. I’m not “bullish.” I’ve just been around long enough to know what is real and how to make it work.
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