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Old 05-25-2016, 12:27 PM
 
62 posts, read 62,111 times
Reputation: 89

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Quote:
Originally Posted by dapper23 View Post
Why do I get the feeling that you are proud of this list...
You know he is .
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Old 05-25-2016, 12:40 PM
 
2,598 posts, read 4,896,032 times
Reputation: 2275
Quote:
Originally Posted by 18Montclair View Post
There is something immoral about police officers and teachers not being able to afford a decent house in an entire metro area. Nimbyism is strangling the soul out of the Bay Area. smdh.

Top Metro Areas by Percentage
of Million-Dollar Homes, May 2016

San Francisco, CA 57.4%
San Jose, CA 46.3%
Oakland, CA 19.7%
Los Angeles, CA 16.3%
Orange County, CA 16.1%
Honolulu, HI 15.4%
Fairfield County, CT 14.6%
New York, NY 12.0%
San Diego, CA 10.7%
Long Island, NY 10.3%
Ventura County, CA 9.0%
Boston, MA 7.3%
Cambridge-Newton-Framingham, MA 7.2%
Seattle, WA 7.0%
Silver Spring-Frederick-Rockville, MD 6.6%
Miami, FL 6.3%
West Palm Beach, FL 4.8%
Charleston, SC 4.4%
Washington, DC-VA-MD 4.4%
Newark, NJ 4.0%
North Port -Sarasota-Bradenton, FL 3.7%
Cape Coral-Ft Myers, FL 3.1%
Austin, TX 3.0%

Million Dollar Creep: Where Seven Figure Homes are the New Normal - Trulia's Blog
LOL...this is a detriment, not a badge of honor. To pay that much for a house that might be $100,000 in another city, and that one wouldn't touch, doesn't make one desire (at all), a move to San Francisco.

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Old 05-25-2016, 02:42 PM
 
Location: At my house in my state
638 posts, read 971,686 times
Reputation: 682
When it costs 35 dollars for a burger in CA I would expect the houses to cost more as well.
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Old 05-25-2016, 02:46 PM
 
Location: SF Bay Area
18,957 posts, read 32,418,045 times
Reputation: 13588
Quote:
Originally Posted by scarecrow- View Post
When it costs 35 dollars for a burger in CA I would expect the houses to cost more as well.
Where does it cost $35 for a burger in CA?
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Old 05-25-2016, 03:09 PM
 
Location: Los Altos Hills, CA
36,628 posts, read 67,146,871 times
Reputation: 21164
I was sitting in church recently trying to get my kids to sit still and while glancing at the pews I realized some extremely awesome people whom I had grown to love dearly have moved out of state for no other reason then they couldnt afford a house in a safe neighborhood with good schools. Anywhere within 25 miles of SF, that criteria costs a sum out of reach for virtually any middle class income, and that's a damned shame. $500,000 shouldnt be a shack in the ghetto. $1500 a month in rent shouldnt be a room in sime stranger's house. Thats just wrong, and we are shooting ourselves in the foot by blocking and opposing plans that seek to provide alleviation to our housing crisis.
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Old 05-25-2016, 03:18 PM
 
1,748 posts, read 2,158,236 times
Reputation: 1092
And you guys are proud of what Califronia has become?

Rotting Shack Sells for $400,000 in San Francisco - Breitbart
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Old 05-25-2016, 04:18 PM
 
2,009 posts, read 3,160,409 times
Reputation: 4059
Quote:
Originally Posted by Trigger-f View Post
And you guys are proud of what Califronia has become?

Rotting Shack Sells for $400,000 in San Francisco - Breitbart

I know of a duplex (2 bedroom/2 bath) on top of a hill with a view of the bay in San Francisco that needs extensive remodeling, valued at just over 2 million. My relatives (blue collar) bought it back in the 1940s from their landlord at the time. Property tax is $1348/year.
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Old 05-25-2016, 06:48 PM
 
11,289 posts, read 26,054,414 times
Reputation: 11353
Quote:
Originally Posted by 18Montclair View Post
There is something immoral about police officers and teachers not being able to afford a decent house in an entire metro area. Nimbyism is strangling the soul out of the Bay Area. smdh.

Top Metro Areas by Percentage
of Million-Dollar Homes, May 2016

San Francisco, CA 57.4%
San Jose, CA 46.3%
Oakland, CA 19.7%
Los Angeles, CA 16.3%
Orange County, CA 16.1%
Honolulu, HI 15.4%
Fairfield County, CT 14.6%
New York, NY 12.0%
San Diego, CA 10.7%
Long Island, NY 10.3%
Ventura County, CA 9.0%
Boston, MA 7.3%
Cambridge-Newton-Framingham, MA 7.2%
Seattle, WA 7.0%
Silver Spring-Frederick-Rockville, MD 6.6%
Miami, FL 6.3%
West Palm Beach, FL 4.8%
Charleston, SC 4.4%
Washington, DC-VA-MD 4.4%
Newark, NJ 4.0%
North Port -Sarasota-Bradenton, FL 3.7%
Cape Coral-Ft Myers, FL 3.1%
Austin, TX 3.0%

Million Dollar Creep: Where Seven Figure Homes are the New Normal - Trulia's Blog
I was just reading a few articles lately about how San Fran needs to start building like crazy or doing something about the housing prices or it's really going to strangle the city and cause a lot of problems - problems most cities wouldn't even dream of, but it's very very serious to the long term health of the city.
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Old 05-25-2016, 06:52 PM
 
1,687 posts, read 1,423,487 times
Reputation: 354
LA County has 10 Million to put that 16% in perspective.
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Old 05-25-2016, 07:00 PM
 
1,851 posts, read 2,148,938 times
Reputation: 1283
Quote:
Originally Posted by Chicago60614 View Post
I was just reading a few articles lately about how San Fran needs to start building like crazy or doing something about the housing prices or it's really going to strangle the city and cause a lot of problems - problems most cities wouldn't even dream of, but it's very very serious to the long term health of the city.
The NIMBYs don't want more housing because it'll lower their housing values. If you bought in at 1 mil+ you don't want to see thousands of newer units constructed year after year...your housing values will drop. Something has gotta give before that bubble bursts, though. 60% of EXISTING homes valued at or above 1 mil is unsustainable.
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