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Old 08-23-2014, 11:52 AM
 
Location: "Silicon Valley" (part of San Francisco Bay Area, California, USA)
3,691 posts, read 2,643,438 times
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The San Jose Blog: Saturday Stats: San Jose is the Most Expensive Metro in the US

I think this is a good thing, it means we are more desirable than Frisco.

 
Old 08-23-2014, 12:18 PM
 
Location: Planet Earth
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But your money goes further in Fresno !
 
Old 08-23-2014, 12:30 PM
 
133 posts, read 198,219 times
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Quote:
Originally Posted by marcopolo666 View Post
But your money goes further in Fresno !
Because there is nothing to see/do there! Need the extra money to drive two hours to have some fun.
 
Old 08-23-2014, 01:44 PM
 
Location: "Silicon Valley" (part of San Francisco Bay Area, California, USA)
3,691 posts, read 2,643,438 times
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Lol marcopol

Exactly kris
 
Old 08-23-2014, 01:46 PM
 
Location: San Jose, CA
1,318 posts, read 2,969,881 times
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Quote:
Originally Posted by neutrino78x View Post
The San Jose Blog: Saturday Stats: San Jose is the Most Expensive Metro in the US

I think this is a good thing, it means we are more desirable than Frisco.
That's interesting considering condos and townhouses in and around downtown San Jose are about $400/sqft, with parking (high-rise buildings with a view are more expensive), for all of SJ is $450/sqft, and in SF that is hard to find, the median sales price is around $850/sqft (yes twice as much), and that is over all of SF, not just places with walk scores in the 90s.

If I talk to people from SF (or HK or NYC) they seem to think the condo I'm buying is a steal, if I talk to people from Texas OTOH they think it's an absurd price. But seriously in comparison to the peninsula or SF, SJ is affordable, in comparison to the East Bay, especially the outer east Bay in Contra Costa County, probably not at all.
 
Old 08-23-2014, 01:49 PM
 
Location: San Jose, CA
1,318 posts, read 2,969,881 times
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Quote:
Originally Posted by Krispytopher View Post
Because there is nothing to see/do there! Need the extra money to drive two hours to have some fun.
More like likely because there is no work there, we forget, but during the recession a lot of the Central Valley went to double digits, sometimes 20% unemployment, and they are still recovering from that. Jobs affect the housing market big time. People will move to the most boring places for work, check out the rents in Williston, ND, some of those listings can make SJ look cheap.
 
Old 08-23-2014, 02:41 PM
 
1,693 posts, read 2,131,501 times
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This is the one 1st-place award that I'd rather not see us win
 
Old 08-24-2014, 06:19 PM
 
Location: Murrieta California
2,873 posts, read 3,481,819 times
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Quote:
Originally Posted by neutrino78x View Post
The San Jose Blog: Saturday Stats: San Jose is the Most Expensive Metro in the US

I think this is a good thing, it means we are more desirable than Frisco.
Frisco Texas I assume.
 
Old 08-24-2014, 06:23 PM
 
Location: Murrieta California
2,873 posts, read 3,481,819 times
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Quote:
Originally Posted by marcopolo666 View Post
But your money goes further in Fresno !
Yes, but you would have to live in Fresno.
 
Old 08-24-2014, 06:36 PM
 
Location: Planet Earth
1,600 posts, read 1,857,453 times
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Quote:
Originally Posted by neutrino78x View Post
The San Jose Blog: Saturday Stats: San Jose is the Most Expensive Metro in the US

I think this is a good thing, it means we are more desirable than Frisco.

L.A. is the most unaffordable city in the nation for buying OR renting!

L.A.-O.C. housing market is least affordable in U.S., Zillow says - LA Times
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