Great. The average price on the mid-Peninsula (SF) is going to jump another million dollars. Our kids can’t afford to live here unless they are making 300k at Google or Facebook and are fleeing California. What a mess.
Then sell your home to some idiot from China for $3M and have your kids move somewhere else.
“Great. The average price on the mid-Peninsula (SF) is going to jump another million dollars. Our kids can’t afford to live here unless they are making 300k at Google or Facebook and are fleeing California. What a mess.”
We have a couple of younger relatives in their late 30’s to mid 40’s with at least 300k$ income per year, and they live 50 to 60 miles from SF.
A two bedroom apartment in the wino counties rents from $2500 to $3500/ month. The rentors tell those wanting to rent, that besides having a good credit rating they need to have an income, 3-4 times the monthly rent.