Houston to Bayarea (questions) NON TECH JOBS (San Jose, San Francisco: best cities, for sale)

[neutrino78x]

Originally Posted by Perma Bear

It is when you're sharing the 2 bedroom with 5 people

It is not when the house has three bedrooms and you have a bedroom to yourself, and each of your roommates has a bedroom to themselves.

[Perma Bear]

Originally Posted by neutrino78x

It's true anywhere. The median income in London is 70k. The median home price is 700k. Therefore, just like other dense, developed, desirable places, most people do not own their own SFH in London. Middle class in London would be like middle class in San Jose: if you own your own place, it is a small condo, and it is more likely the case that you rent an apartment or "flat" as they call it there.

So you're saying a gardener or postal carrier who bought a tract house in San Jose in 1980 or 1960 is upper class? You realize how preposterous that sounds right?
Would you say the same about someone who has over 6 figures of investment money and is less than 25?

[Chuck5000]

neutrino - just, wow. You have a unique approach to understanding what people say in their posts - you just take it wherever you want to go! Must be fun.

[houstonview]

Originally Posted by BicoastalAnn

I was looking for housing as early as 3 months ago to rent and it seemed like the San Jose area was the cheapest of all the options I had - about $2600-2900 for a 2bed 2bath with laundry in-unit. You may not need all that but it seemed like 1beds weren't too much cheaper. Just keep in mind rent control is not really common in that area and rent increases can be very unpredictable. I think it might get tight before your wife finds a job but once she does you'll be fine. You're not trying to buy anyway so come, enjoy your time in the area, and move on in a few years.

thanks for the info !! she has been talking to a few travel nursing agencies today another school district called me I applied to, and wants to interview Monday, so I will be keeping you guys posted

[neutrino78x]

Originally Posted by Chuck5000

neutrino - just, wow. You have a unique approach to understanding what people say in their posts - you just take it wherever you want to go! Must be fun.

Or you're just being stupid.

My W-2 says I made about 16k in taxable income in 2015.

I can afford to live here. I have a roof over my head. I pay rent. I pay about 1/3 of my income.

What's your excuse?

[neutrino78x]

Originally Posted by Perma Bear

So you're saying a gardener or postal carrier who bought a tract house in San Jose in 1980 or 1960 is upper class? You realize how preposterous that sounds right?
Would you say the same about someone who has over 6 figures of investment money and is less than 25?

That was 1980. In 1980 San Jose was still a fairly small town. Apple was not the largest company in the world yet at that time. The Apple II had just barely come out, in 1977. The IBM PC had not come out yet in 1980; it was released in 1981. So Silicon Valley was in its infancy back then.

San Jose is now, in 2016, larger than San Francisco. Also take inflation into account.

[Perma Bear]

Originally Posted by neutrino78x

That was 1980. In 1980 San Jose was still a fairly small town. Apple was not the largest company in the world yet at that time. The Apple II had just barely come out, in 1977. The IBM PC had not come out yet in 1980; it was released in 1981. So Silicon Valley was in its infancy back then.

San Jose is now, in 2016, larger than San Francisco. Also take inflation into account.

San Jose also has twice the land mass, what's your point?
You also didn't answer my question

[neutrino78x]

Originally Posted by Perma Bear

San Jose also has twice the land mass, what's your point?
You also didn't answer my question

Yes I did. San Jose was a small town back then. So yes I would expect that a middle class person could buy a single family home in a small town. San Jose in 2016 is not a small town. It is one of the most desirable places in the world to live. It is one of the great world centers of innovation. So it stands to reason that middle class housing here would be different from middle class housing in small town.

You could go buy five acres of empty land in Nevada for $1000 or whatever and build a house there. The question is, is that a desirable location. My answer is no.

I want to live here. I grew up here. If you have no emotional attachment to this place, and would live in a SFH in any random location anywhere in the world, I suggest buying the land in Nevada and having a house built there. An even cheaper place would be Somalia. There is no government to speak of there, outside of Mogadishu, so build your own house with your own power supply and your own water supply and your own weapons, and you'll have a good time, and it will be very cheap.

I like to live where stuff is happening.

[Perma Bear]

Originally Posted by neutrino78x

Yes I did. San Jose was a small town back then. So yes I would expect that a middle class person could buy a single family home in a small town. San Jose in 2016 is not a small town. It is one of the most desirable places in the world to live. It is one of the great world centers of innovation. So it stands to reason that middle class housing here would be different from middle class housing in small town.

You could go buy five acres of empty land in Nevada for $1000 or whatever and build a house there. The question is, is that a desirable location. My answer is no.

I want to live here. I grew up here. If you have no emotional attachment to this place, and would live in a SFH in any random location anywhere in the world, I suggest buying the land in Nevada and having a house built there. An even cheaper place would be Somalia. There is no government to speak of there, outside of Mogadishu, so build your own house with your own power supply and your own water supply and your own weapons, and you'll have a good time, and it will be very cheap.

I like to live where stuff is happening.

The question is would you consider said Gardner a member of the upper class? Not "what was San Jose like back then?"

[neutrino78x]

Originally Posted by Perma Bear

The question is would you consider said Gardner a member of the upper class? Not "what was San Jose like back then?"

Nope, not in 1980. But in 2016 if you can afford to buy a one million dollar house that's not middle class, that's upper class. People who in the middle class can live here, but they buy/rent places that one can afford on the median income (middle class is defined as those people who make approximately the median income).