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Old 10-22-2016, 03:02 AM
 
Location: Liberal Coast
4,280 posts, read 6,085,662 times
Reputation: 3925

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Houses in the North County neighborhood I grew up in are now going for over 600k. That's for a 1200 square foot house with a tiny kitchen, two tiny bathrooms, and not updated since it was built in the 50s house. (I have no problem with a house like that, but we all know that's not what most people want these days.) For 600k, you can get yourself a very modest house in a bad city, and send your kids to terrible public schools. What's not to love about that? Oh, but you get sunshine and heat.
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Old 10-22-2016, 04:10 AM
 
30,896 posts, read 36,954,250 times
Reputation: 34521
Quote:
Originally Posted by IHate Texas View Post
Maybe millennials and future young americans need to understand that in order to live in a desirable area, you need to be motivated in getting an education to prosper in life. Not to expect affordable housing and government handouts. I'm quite satisfied when non-contributing members of society get priced out. They are an inconvience to be around.
It's a lot more than just n'er do well type people who are being priced out. Even smart, educated people are being priced out of the Coastal CA metro areas.

One small anecdote. My sister who has a master's degree and a high 5, low 6 figure type income recently moved to CA from high cost Manhattan. She didn't consider the Coastal CA metro areas because, as another person said, the salaries and the cost of living don't match up. She didn't want to have the same situation she had in New York with nicer weather. So she moved to more affordable Sacramento, where the slightly lower salaries go a lot further.
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Old 10-22-2016, 04:23 AM
 
30,896 posts, read 36,954,250 times
Reputation: 34521
Quote:
Originally Posted by snatale1 View Post
Yes, it SHOULD be but it's not by design. Liberal states don't WANT people that work for a living to be there. They want the 1%, and the poor. The middle class including the upper middle is an inconvenience to them.
Yep, pretty much. Even some liberals agree with this assessment:

Fixing California: The Green Gentry
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Old 10-22-2016, 09:08 AM
 
5,381 posts, read 8,687,308 times
Reputation: 4550
This article sums it up:

Expect some adjustments when moving to Southern Calif. - The Orange County Register

Sticker shock...

Like most things in life, it comes down to priorities, mindset, and money. Moving into Southern California may cause you to rearrange your priorities, change your mindset, or find more money.
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Old 10-22-2016, 09:45 AM
 
5,381 posts, read 8,687,308 times
Reputation: 4550
Quote:
Originally Posted by pacific2 View Post
Expect some adjustments when moving to Southern Calif. - The Orange County Register
Moving into Southern California may cause you to rearrange your priorities, change your mindset, or find more money.
I'll add that if you can't/won't change the above, just pull up your big boy or big girl pants, dust yourself off, and move on. Maybe plan to make occasional visits to SoCal, if you want.

There are plenty of affordable and attractive places to live in this country.
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Old 10-22-2016, 01:31 PM
 
3,437 posts, read 3,286,809 times
Reputation: 2508
if there are no jobs that pay enough in OC, would the cost of housing still the same?
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Old 10-22-2016, 01:39 PM
 
Location: Ca expat loving Idaho
5,267 posts, read 4,181,139 times
Reputation: 8139
There's more people here that can't afford to buy a house then can and so far no change. We also have a lot of foreign buyers.. that dosnt help
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Old 10-22-2016, 02:01 PM
 
Location: Laguna Niguel, Orange County CA
9,807 posts, read 11,140,888 times
Reputation: 7997
Quote:
Originally Posted by Finper View Post
There's more people here that can't afford to buy a house then can and so far no change. We also have a lot of foreign buyers.. that dosnt help
Our rate of immigration into the U.S. remains largely unchanged and at a feverish pace. Consider that the destination place for fully 19% of thsee lawful immigrants is California! Then we have illegal immigrants who live on top of one anothet in our poorest cities, also adding to traffic, congestion and housing demand. And then come the investors. And then we wonder why it is expensive in desirable areas...
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Old 10-22-2016, 06:33 PM
 
Location: Laguna Niguel, Orange County CA
9,807 posts, read 11,140,888 times
Reputation: 7997
It seems the housing crisis has been brutal on Millennials, but notice that Gen X is not that far behind.

Young people are being screwed by the housing crisis, research shows - Business Insider
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Old 10-23-2016, 12:46 AM
 
Location: Riverside Ca
22,146 posts, read 33,530,989 times
Reputation: 35437
Quote:
Originally Posted by LuvSouthOC View Post
It seems the housing crisis has been brutal on Millennials, but notice that Gen X is not that far behind.

Young people are being screwed by the housing crisis, research shows - Business Insider
Unfortunately it's been that way for a long time. Housing prices has outpaced incomes/affordability since the late 70s. It's just getting more expensive in the last 15 years or so. We are no longer a local economy. And we haven't been for awhile. People just don't see understand that our real estate is cheap compared to some ther areas. Those people are looking to park money somewhere. We're the somewhere
We shouldn't be upset with high housing prices.We should be upset with low incomes.
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