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Old 04-24-2013, 12:17 PM
 
4,344 posts, read 4,719,927 times
Reputation: 7437

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Quote:
Originally Posted by ccm123 View Post
March, 2000 (dot com boom) when the NASDAQ index peaked at 5132 and closed at 5048.
I was working in Santa Clara at the time and thought that I could retire in about 10 years. I was wrong.

A nice townhome could be purchased in Sunnyvale during that time, for around 375K-425K.
A nice townhome in Fremont, was around $225K-$275K.

How times have changed!
Moved to the Bay Area in 1986 and to SF in 1991. I remember being a little jealous of people who were getting hired by all the dot coms when I stayed with the old-school corporate firm.

And yea for rent control! My rent on Russian Hill only went up a couple hundred dollars in all that time (1991-2012). Entire floor of a house for $1,700 last year. Sure hated to give it up, but job relocation to Nashville and now I'm buying a 3,100 sq ft house for about $250K.

First Giants game I went to was a Croix de Stick game. Man, was it cold!
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Old 04-24-2013, 12:21 PM
 
Location: Laguna Niguel, CA
153 posts, read 269,896 times
Reputation: 75
I used to live in Danville in 90's. I remember when the entire 680 corridor was under developed and full of just rolling hills and space.

The current Bay Area is a joke. Crowded, full of anti-development NIMBYs who want to keep the entire area the same as it was 30 years ago, crumbling infrastructure. People paying $5,000 a month rent to live in some roach infested apartment in San Francisco while working at some tech start up for "equity"... what a joke the Bay Area has become. LOL
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Old 04-24-2013, 01:07 PM
 
Location: New York City
675 posts, read 1,190,116 times
Reputation: 544
Quote:
Originally Posted by MediaArtist View Post
I used to live in Danville in 90's. I remember when the entire 680 corridor was under developed and full of just rolling hills and space.

The current Bay Area is a joke. Crowded, full of anti-development NIMBYs who want to keep the entire area the same as it was 30 years ago, crumbling infrastructure. People paying $5,000 a month rent to live in some roach infested apartment in San Francisco while working at some tech start up for "equity"... what a joke the Bay Area has become. LOL
I get the impression you don't like the Bay Area
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Old 04-24-2013, 01:29 PM
 
Location: Laguna Niguel, CA
153 posts, read 269,896 times
Reputation: 75
I visit the area often enough because of family, but I would never move back in a million years.
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Old 04-24-2013, 01:34 PM
 
Location: ABQ
3,771 posts, read 7,092,439 times
Reputation: 4893
Quote:
Originally Posted by MediaArtist View Post
I used to live in Danville in 90's. I remember when the entire 680 corridor was under developed and full of just rolling hills and space.

The current Bay Area is a joke. Crowded, full of anti-development NIMBYs who want to keep the entire area the same as it was 30 years ago, crumbling infrastructure. People paying $5,000 a month rent to live in some roach infested apartment in San Francisco while working at some tech start up for "equity"... what a joke the Bay Area has become. LOL
You hate how crowded the 680 corridor has become but then rail against NIMBYs who often fight against greater overcrowding. Interesting.

I'd say you're using a pretty broad brush, too. Plenty of people don't overpay for rent and have good jobs. For them, the Bay Area is less of a joke and more a pretty great place to live. Depends on your situation.
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Old 04-24-2013, 01:38 PM
 
Location: Laguna Niguel, CA
153 posts, read 269,896 times
Reputation: 75
That was sort of two separate thoughts not necessarily meant to be related to each other.

Also NIMBYs don't fight against over crowding. They don't mind overcrowding as long as it's somewhere else.

I'm sure people love the Bay Area, as long as their memory only extends back to 2001.
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