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Old 05-24-2013, 08:37 AM
 
Location: Living on the Coast in Oxnard CA
16,289 posts, read 32,356,633 times
Reputation: 21891

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Quote:
Originally Posted by user_id View Post
The problem is that the high prices, which are well beyond new residents incomes, will slowly hallow out the state economy. So much is being done to keep prices high, but you don't get something for nothing....
Very true. The couple that just bought the home on my street are of a higher income than even my wife and I. She is a Pharmacist and he is an Engineer. Both are doing very well. Still they bought that home because other homes have increased in price as well.
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