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for those of you going to/considering Cali...

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Re: for those of you going to/considering Cali...
« Reply #10 on: August 23, 2006, 08:32:39 AM »
http://money.cnn.com/2006/08/15/real_estate/metro_prices_table/index.htm

unreal.

750k for a home in San Fran
580k for one in LA.

even if your pulling down 15ok a yr, it would be durn hard to afford....

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Re: for those of you going to/considering Cali...
« Reply #11 on: August 23, 2006, 10:44:37 AM »
But if you're pulling in 120k, and your SO is pulling in 100k, it's not so bad.

i think the avg salary in Cali is low-mid 40's

so, youd best pick your mate well, cause other wise you will be the primary bread winner.

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Re: for those of you going to/considering Cali...
« Reply #12 on: August 23, 2006, 10:47:44 AM »
http://articles.moneycentral.msn.com/Investing/ContrarianChronicles/FaceItTheHousingBustIsHere.aspx?GT1=8472

this brings up a good point.  so many people took out ARM's, and now the rates are starting to rise.

talking to a lady yesterday in Cali, and she was telling me she was on an ARM and barely making her payments.

didnt want to mention she will prob lose her house if she doesnt take in a renter or make more money.

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Re: for those of you going to/considering Cali...
« Reply #13 on: August 23, 2006, 10:45:13 PM »
But if you're pulling in 120k, and your SO is pulling in 100k, it's not so bad.

i think the avg salary in Cali is low-mid 40's

so, youd best pick your mate well, cause other wise you will be the primary bread winner.
And what's wrong with that?

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Re: for those of you going to/considering Cali...
« Reply #14 on: August 24, 2006, 06:05:54 AM »
But if you're pulling in 120k, and your SO is pulling in 100k, it's not so bad.

i think the avg salary in Cali is low-mid 40's

so, youd best pick your mate well, cause other wise you will be the primary bread winner.
And what's wrong with that?


nothings wrong with it, its just not going to be easy to achieve.

Re: for those of you going to/considering Cali...
« Reply #15 on: August 24, 2006, 04:42:16 PM »
It's even worse if you want to live in a nice area in SoCal.  Dreams of coming home to your house in a beach community need not apply. $1 million gets you next to nothing in areas like newport beach, laguna beach, san clemente, san marino, and la jolla.  Like 1200-1400 sq. ft.  Even irvine is pretty damn expensive.  Let me put it to you this way:  Even if you have an income of 300k, your monthly gross is like 25k, married+no kids= monthly net of 13k.  If you put minimum down on a $2 million house, your monthly mortgage payment with taxes and such will be around 13k.  And you haven't eaten yet!!!!

Re: for those of you going to/considering Cali...
« Reply #16 on: August 25, 2006, 09:37:28 PM »
I would have no problem living in graduate dorms for three years if it meant not having to pay for California real estate.

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Re: for those of you going to/considering Cali...
« Reply #17 on: August 26, 2006, 04:59:47 AM »
It's all about living just outside the city and catching the BART, anyway.  The transit in that area boggles my mind -- it's f-ing faaaaaaaaaaaaaaaantastic.