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aigel aigel is online now
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Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,892
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Quote:
Originally Posted by onewhippedpuppy View Post
Try telling that to someone selling their house in SoCal right now.

From what I've seen, a house that would sell for $130k in KS is easily a $1M house in SoCal. From what I've heard and seen, Seattle isn't that far behind. That's a HUGE delta, and the pay difference doesn't make up for it. It's not a difference of how long you pay, it's a difference of whether or not you CAN buy. As someone else noted, you have to really want to live in that area, and be willing to pay the price to do so.
I did say that the way to do it is to downsize. Owning 4 bedrooms 3 baths and a 3 car garage is not going to happen in the high cost west coast areas on an average salary. It may change in the future if prices decline further - who knows. Living in California - for me - has so many upsides, that I accept and deal with the housing situation.

George
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Old 09-09-2008, 01:34 PM
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