Calabasas, Ca... (Los Angeles, Oxnard, Templeton: to rent, loans, house)

[Charles]

Originally Posted by the city

...maybe i can find a small condo with 2 bedrooms and one bath at $200,000-250,000?

i am planning to be working as a city planner for some suburb of LA one day.

and i think in a good 10 years we will be able to pay off a small condo.
...

Did you check any of the internet databases to see if homes like that are available....now...which leads to ask...

When is "one day"? Things may change before now and "one day". The $250K condo may be worth $175K or $350K "one day".

Also, if rates stay really low like sub 6%, why pay off a condo in ten years?

Finally there is an initiative (forgot the details) in the Thousand Oaks area (maybe the entire region in eastern Ventura County, maybe western LA county) called SOAR (Save Our Open Space and Agricultural Resources). There is a strong anti-sprawl culture of no more growth. A lot of people felt this culture kept the supply low and the desirability high. Much of the area is already built out.

read this:

Growth Control Milestones in Ventura County : News : Ventura County Star

An urban planner might be in as much demand as a VCR repairman.

[SOON2BNSURPRISE]

Originally Posted by mellabella

how do you calculate what a net would be on that income in California?
would it be about 40% or closer to 50% deductions......

I would say you would be able to net about 62% of your income. You would have to consult an accountant for official numbers. At the same time your home loan consultant will be looking at your grose income when they determine the loan amount.

This is all acedemic though and the numbers that I mentioned in my earlier post are only basic examples of the equation. As some posters have stated prices go up and prices go down. The cost of housing only makes a real differance when you are officially in the market to buy a home. Who cares what prices are today if you are not buying or selling. As many have seen things change over time. In 2006 you couldn't find a home in my neighborhood in Oxnard for less than $800,000. Condos were selling in the $400,000 range with many going in the $500,000 range. Today those same homes are selling for $550,000 range and the condos are down to $175,000.

[perek]

Buddy, you wont be able to afford anything in Calabases with a wife and kids, on 50k a year. I make over 70K, have roomates, and still find it hard to put away much more than 10-15% per month, and I am single with no kids. Rent in Calabasas is rarely below 1300 /month for a 1 BR.

[the city]

Cities and communities that have hired interns with bachelor degrees from CSU Northridge:

~Thousand Oaks
~Simi Valley
~Moore Park
~Camarillo
~Santa Paula
~Newbury Park
~Chatsworth
~Westlake Village
~Malibu
~Northridge

With that all said, I plan to get a 2 bedroom and 1 bath condo in Agoura Hills for about $200,000. And I will probably be starting off in an apartment until I'm making $50,000. I plan to marry and have one kid one day, and plan to live in a suburb and work in a suburb or ex-urban city. My future wife is probably going to have to work too to afford a condo in the area.

is that a realistic plan?

[the city]

Originally Posted by Charles

Did you check any of the internet databases to see if homes like that are available....now...which leads to ask...

When is "one day"? Things may change before now and "one day". The $250K condo may be worth $175K or $350K "one day".

Also, if rates stay really low like sub 6%, why pay off a condo in ten years?

Finally there is an initiative (forgot the details) in the Thousand Oaks area (maybe the entire region in eastern Ventura County, maybe western LA county) called SOAR (Save Our Open Space and Agricultural Resources). There is a strong anti-sprawl culture of no more growth. A lot of people felt this culture kept the supply low and the desirability high. Much of the area is already built out.

read this:

Growth Control Milestones in Ventura County : News : Ventura County Star

An urban planner might be in as much demand as a VCR repairman.

The areas I am looking to work in will probably not follow that plan. And no matter what plan goes through city planners are always going to be in high demand in California. Who do you think is going to be carrying out those plans? It's not going to be the state, it's going to be up to the city govs

[Charles]

Originally Posted by the city

The areas I am looking to work in will probably not follow that plan.

What areas are you referring too? For example, what cities?

[the city]

Originally Posted by Charles

What areas are you referring too? For example, what cities?

Originally Posted by the city

Cities and communities that have hired interns with bachelor degrees from CSU Northridge:

~Thousand Oaks
~Simi Valley
~Moore Park
~Camarillo
~Santa Paula
~Newbury Park
~Chatsworth
~Westlake Village
~Malibu
~Northridge

With that all said, I plan to get a 2 bedroom and 1 bath condo in Agoura Hills for about $200,000. And I will probably be starting off in an apartment until I'm making $50,000. I plan to marry and have one kid one day, and plan to live in a suburb and work in a suburb or ex-urban city. My future wife is probably going to have to work too to afford a condo in the area.

is that a realistic plan?

the cities in this post

[perek]

Just live your life, dont try to plan things out too far in advance because it will likely be a waste of time. Get the best job you can, find a place to live, and enjoy life. Life is too short to be worrying about things years down the line. You are not engaged yet, you dont have a kid, there is no need to plan for that now.

[BRinSM]

I remember thinking in college when I was getting my finance degree that I was going to end up working in finance in new york after graduation. I was really hoping to work in the NYSE. Needless to say, that never happened and now I'm living happily in LA. Many of your formative years will be spent in college, don't set everything in stone quite yet my friend.

[the city]

but for the ppl that know that area...is that possible? for me to work in one with those cities and afford a condo in agoura hills? and my wife will probably be working too. say we would have a total of $90,000 income