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(former)FormerSanDiegan
Participant[quote=Ima Nass]My wife and I thought about moving to San Diego. Drove around some of the so-called villages, and La Jolla …and left. San Diego is just a smaller version of LA, but with more dangerous ramps onto freeways. The Gaslamp District, Italian district, and Old Town just don’t feel real. The atmosphere is more touristy than lived-in. IMHO the Bay area is the only place in California that has a good feel factor. When people don’t feel the need to convince themselves of the greatness, or otherwise of a place then the place is accepted just for what it is …good, or bad. When the reverse is happening it’s because there remains this nagging doubt. It as if soCal is in a tussle with itself over it’s identity.[/quote]
Youra Nass –
Love the username ! It says it all. To each his own.
BTW, you’ve obviously never used the freeway on ramps east of downtown LA towards Pasadena. They have stop signs at the end of the 30-foot long on-ramp and about 15 feet from stop sign to the end of the lane in which to merge. Nothing remotely as dangerous in San Diego.
Participant[quote=sdrealtor] Not saying its right or wrong but again “it is what it is”.[/quote]
sdr hit the nail on the head.
[quote=jstoesz]
Yup it is not supply and demand I am frustrated with. It is with the financial irresponsibility of my peers. And that has not even begun to correct.[/quote]Based on the data it appears to me that although the financial irresponsibility has not declined to upper-Midwestern levels, current cost ratios indicate that SD buyers are less financially irresponsible today than through most of the past 33 years. In that sense it has improved, just not to the point where it meets the threshold of sensible for those of us who grew up in the Midwest. I am alot like you jstoesz, I think SoCal prices are nuts. But, it is what it is. I don’t think we will see prices normalize to something resembling reasonable ratios observed in other places (e.g. Minneapolis or Dallas or Kansas City) in my lifetime.
Participant[quote=sdrealtor] Not saying its right or wrong but again “it is what it is”.[/quote]
sdr hit the nail on the head.
[quote=jstoesz]
Yup it is not supply and demand I am frustrated with. It is with the financial irresponsibility of my peers. And that has not even begun to correct.[/quote]Based on the data it appears to me that although the financial irresponsibility has not declined to upper-Midwestern levels, current cost ratios indicate that SD buyers are less financially irresponsible today than through most of the past 33 years. In that sense it has improved, just not to the point where it meets the threshold of sensible for those of us who grew up in the Midwest. I am alot like you jstoesz, I think SoCal prices are nuts. But, it is what it is. I don’t think we will see prices normalize to something resembling reasonable ratios observed in other places (e.g. Minneapolis or Dallas or Kansas City) in my lifetime.
Participant[quote=sdrealtor] Not saying its right or wrong but again “it is what it is”.[/quote]
sdr hit the nail on the head.
[quote=jstoesz]
Yup it is not supply and demand I am frustrated with. It is with the financial irresponsibility of my peers. And that has not even begun to correct.[/quote]Based on the data it appears to me that although the financial irresponsibility has not declined to upper-Midwestern levels, current cost ratios indicate that SD buyers are less financially irresponsible today than through most of the past 33 years. In that sense it has improved, just not to the point where it meets the threshold of sensible for those of us who grew up in the Midwest. I am alot like you jstoesz, I think SoCal prices are nuts. But, it is what it is. I don’t think we will see prices normalize to something resembling reasonable ratios observed in other places (e.g. Minneapolis or Dallas or Kansas City) in my lifetime.
Participant[quote=sdrealtor] Not saying its right or wrong but again “it is what it is”.[/quote]
sdr hit the nail on the head.
[quote=jstoesz]
Yup it is not supply and demand I am frustrated with. It is with the financial irresponsibility of my peers. And that has not even begun to correct.[/quote]Based on the data it appears to me that although the financial irresponsibility has not declined to upper-Midwestern levels, current cost ratios indicate that SD buyers are less financially irresponsible today than through most of the past 33 years. In that sense it has improved, just not to the point where it meets the threshold of sensible for those of us who grew up in the Midwest. I am alot like you jstoesz, I think SoCal prices are nuts. But, it is what it is. I don’t think we will see prices normalize to something resembling reasonable ratios observed in other places (e.g. Minneapolis or Dallas or Kansas City) in my lifetime.
Participant[quote=sdrealtor] Not saying its right or wrong but again “it is what it is”.[/quote]
sdr hit the nail on the head.
[quote=jstoesz]
Yup it is not supply and demand I am frustrated with. It is with the financial irresponsibility of my peers. And that has not even begun to correct.[/quote]Based on the data it appears to me that although the financial irresponsibility has not declined to upper-Midwestern levels, current cost ratios indicate that SD buyers are less financially irresponsible today than through most of the past 33 years. In that sense it has improved, just not to the point where it meets the threshold of sensible for those of us who grew up in the Midwest. I am alot like you jstoesz, I think SoCal prices are nuts. But, it is what it is. I don’t think we will see prices normalize to something resembling reasonable ratios observed in other places (e.g. Minneapolis or Dallas or Kansas City) in my lifetime.
Participantjstoesz – You need to do what you are comfortable with. If you are not comfortable buying in SD county, that’s great, do what you need to do for you and your family.
But, here’s some perspective on historical affordability in the area …
We moved to SD from the midwest. I spent 10 years in college, my wife spent 5, we were being paid 2x the median household income in San Diego in the mid 1990’s. When we bought in 1996, we could afford a median-priced 1100 square foot 3/1 in Clairemont with a single-car garage. And that was at the most affordable stage of the market in 20 years !You are right, prices are crazy in San Diego, even when they are at the most affordable levels of a generation.
Participantjstoesz – You need to do what you are comfortable with. If you are not comfortable buying in SD county, that’s great, do what you need to do for you and your family.
But, here’s some perspective on historical affordability in the area …
We moved to SD from the midwest. I spent 10 years in college, my wife spent 5, we were being paid 2x the median household income in San Diego in the mid 1990’s. When we bought in 1996, we could afford a median-priced 1100 square foot 3/1 in Clairemont with a single-car garage. And that was at the most affordable stage of the market in 20 years !You are right, prices are crazy in San Diego, even when they are at the most affordable levels of a generation.
Participantjstoesz – You need to do what you are comfortable with. If you are not comfortable buying in SD county, that’s great, do what you need to do for you and your family.
But, here’s some perspective on historical affordability in the area …
We moved to SD from the midwest. I spent 10 years in college, my wife spent 5, we were being paid 2x the median household income in San Diego in the mid 1990’s. When we bought in 1996, we could afford a median-priced 1100 square foot 3/1 in Clairemont with a single-car garage. And that was at the most affordable stage of the market in 20 years !You are right, prices are crazy in San Diego, even when they are at the most affordable levels of a generation.
Participantjstoesz – You need to do what you are comfortable with. If you are not comfortable buying in SD county, that’s great, do what you need to do for you and your family.
But, here’s some perspective on historical affordability in the area …
We moved to SD from the midwest. I spent 10 years in college, my wife spent 5, we were being paid 2x the median household income in San Diego in the mid 1990’s. When we bought in 1996, we could afford a median-priced 1100 square foot 3/1 in Clairemont with a single-car garage. And that was at the most affordable stage of the market in 20 years !You are right, prices are crazy in San Diego, even when they are at the most affordable levels of a generation.
Participantjstoesz – You need to do what you are comfortable with. If you are not comfortable buying in SD county, that’s great, do what you need to do for you and your family.
But, here’s some perspective on historical affordability in the area …
We moved to SD from the midwest. I spent 10 years in college, my wife spent 5, we were being paid 2x the median household income in San Diego in the mid 1990’s. When we bought in 1996, we could afford a median-priced 1100 square foot 3/1 in Clairemont with a single-car garage. And that was at the most affordable stage of the market in 20 years !You are right, prices are crazy in San Diego, even when they are at the most affordable levels of a generation.
Participant[quote=jstoesz]you guys were talking about a neighborhood…rich’s charts are county wide.
Now have the incomes of those living in that neighborhood of clairemont gone up? That is harder data to find…
Here is the current.
http://realestate.aol.com/92117-neighborhood
Wow 7.7X annual household income…that’s real affordable![/quote]
I pointed out Rich’s graph and you made the point that it was county-wide and not really relevant. I simply picked a neghborhood that is pretty well characterized by the charts, since it tends to be pretty close to the median over the past 20 years (maybe slightly above).
It’s not complicated. These areas are more affordable today than they were in the mid 1990’s or anytime in the past 33+ years.
Participant[quote=jstoesz]you guys were talking about a neighborhood…rich’s charts are county wide.
Now have the incomes of those living in that neighborhood of clairemont gone up? That is harder data to find…
Here is the current.
http://realestate.aol.com/92117-neighborhood
Wow 7.7X annual household income…that’s real affordable![/quote]
I pointed out Rich’s graph and you made the point that it was county-wide and not really relevant. I simply picked a neghborhood that is pretty well characterized by the charts, since it tends to be pretty close to the median over the past 20 years (maybe slightly above).
It’s not complicated. These areas are more affordable today than they were in the mid 1990’s or anytime in the past 33+ years.
Participant[quote=jstoesz]you guys were talking about a neighborhood…rich’s charts are county wide.
Now have the incomes of those living in that neighborhood of clairemont gone up? That is harder data to find…
Here is the current.
http://realestate.aol.com/92117-neighborhood
Wow 7.7X annual household income…that’s real affordable![/quote]
I pointed out Rich’s graph and you made the point that it was county-wide and not really relevant. I simply picked a neghborhood that is pretty well characterized by the charts, since it tends to be pretty close to the median over the past 20 years (maybe slightly above).
It’s not complicated. These areas are more affordable today than they were in the mid 1990’s or anytime in the past 33+ years.
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