Welcome to City-Data.com Forum!
2,500,000 members. Thank you!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California > San Jose
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 01-09-2018, 08:26 AM
 
Location: I is where I is
2,099 posts, read 2,299,992 times
Reputation: 2359

Advertisements

Quote:
Originally Posted by justinbro2002 View Post
Concord is over 40 miles from Fremont that is close to two hours during commute times.
Depends when you start work, sure if you start at 9am, the traffic will be awful.

I usually leave around 6am, and I can get to San Jose in 1hour 15mins (without a wreck). Today for instance (I live in Pleasant Hill), and to get to Tesla, it took me exactly an hour.
Reply With Quote Quick reply to this message

 
Old 01-09-2018, 02:32 PM
 
Location: State of Transition
102,036 posts, read 106,737,993 times
Reputation: 115762
Quote:
Originally Posted by Wintermomma View Post
I think $150K Fremont was excellent, until you said you were a family of 6 and you want to own a home for $600K, presumably that fits a family of 6..
This was my reaction, too. With a gaggle of kids, you'd have to figure out how to generate a 2nd income, working from home. At some point, you two would have to realize you can't afford more kids, I would think. You can't see how having 4 is more expensive than 2? (Not to mention that 5th one on the way.) 2 kids can be accommodated in one bedroom, so you could make do with a 2-br. apt. 5 kids jumps it up to 4 bedrooms, even if the kids double up. I'm sure you can understand how that affects the price of the rent (or RE purchase) you need to pay, to house them.

Scientist? IDK about semiconductors, but has he considered New Mexico? Los Alamos and Sandia National Labs hire scientists, pay them well, and the COL is cheap in most places.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 03:20 PM
 
Location: Silicon Valley, CA
13,570 posts, read 10,258,604 times
Reputation: 8247
Quote:
Originally Posted by Ruth4Truth View Post

Scientist? IDK about semiconductors, but has he considered New Mexico? Los Alamos and Sandia National Labs hire scientists, pay them well, and the COL is cheap in most places.
How about Austin, TX? There are a lot of semiconductor companies around there.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 04:00 PM
 
Location: Portland, Oregon
10,987 posts, read 20,443,842 times
Reputation: 8256
Or even Boise.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 04:09 PM
 
Location: Silicon Valley
3,683 posts, read 9,817,945 times
Reputation: 3015
Your husband needs to make 2x what he makes now to live here. Try Phoenix (Chandler/Tempe), there are semiconductor jobs there too, and a COL you can afford.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 06:14 PM
 
1,021 posts, read 1,651,272 times
Reputation: 1821
Quote:
Originally Posted by MediocreButArrogant View Post
Your husband needs to make 2x what he makes now to live here. Try Phoenix (Chandler/Tempe), there are semiconductor jobs there too, and a COL you can afford.
Yeah cause everyone family in the bay area makes a minimum of $350k/yr. $150k is gonna be fine if they buy a $600k house @ 20% down that is like $3250 a month piti payment. Like a 30 dti is easily doable.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 06:28 PM
 
Location: Pleasanton, CA
2,406 posts, read 6,002,413 times
Reputation: 4246
Quote:
Originally Posted by justinbro2002 View Post
Yeah cause everyone family in the bay area makes a minimum of $350k/yr. $150k is gonna be fine if they buy a $600k house @ 20% down that is like $3250 a month piti payment. Like a 30 dti is easily doable.
With a $150k/year income, how are they going to save the that 20% to put down on a house while currently paying rent and having 4 kids to take care of? Even living a frugal, debt-free lifestyle, do you realize how long that will actually take?

Where are they going to find a $600k house that's not a total dump within reasonable commuting distance to Fremont? A $600k single family home in the Bay Area is usually a small fixer-upper these days and is usually in an unsafe area and/or bad school district.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 07:13 PM
 
1,021 posts, read 1,651,272 times
Reputation: 1821
Quote:
Originally Posted by mstnghu2 View Post
With a $150k/year income, how are they going to save the that 20% to put down on a house while currently paying rent and having 4 kids to take care of? Even living a frugal, debt-free lifestyle, do you realize how long that will actually take?

Where are they going to find a $600k house that's not a total dump within reasonable commuting distance to Fremont? A $600k single family home in the Bay Area is usually a small fixer-upper these days and is usually in an unsafe area and/or bad school district.
They said they don't care about schools they homeschool. Here a a couple of homes just from a quick search. Hayward/San leandro/San lorenzo are all blue collar towns. While $600k is the low end of prices of the bay area you can still find homes in that range. I assume that if they already have plans to buy a $600k home that they must have a savings or another house in another state to sell and use the equity to buy a house here.



https://www.redfin.com/CA/San-Leandr...78/home/778305

https://www.redfin.com/CA/Hayward/21...41/home/972305
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 07:18 PM
 
Location: Northern California
127,354 posts, read 11,731,754 times
Reputation: 38372
renting is the way to go, you may hate it there, so you do not need a house ownership. If you like it, buy a house once you are more familiar with the area.
Reply With Quote Quick reply to this message
 
Old 01-09-2018, 08:45 PM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
10,263 posts, read 8,422,824 times
Reputation: 16458
Quote:
Originally Posted by justinbro2002 View Post
$600k for a house and one hour from Fremont is gonna limit you to Hayward, San leandro, san lorenzo and possibly Livermore.
I think you can scratch out Livermore unless they are open to a Condo. I looked a few months ago and at $600k there wasn't much of any house.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > San Jose
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top