yuk why would anybody want to live there, it is filthy, it is cold in the summer, people let their houses go to hell, it is communist, and it is unbearably expensive
You can’t beat the sourdough bread. Nothing like it in the world.
The reason the Bay Area is so high in demand is due to the fact that you are getting in on the ground floor of the high-tech boom that will dominate our economy over the next 50 years (at least). Companies like Google, Apple and Facebook have their HQ in that area - among many others that will lead the economy of the 21st century.
Pursuant to that, this is where you are going to find your best school systems, your best restaurants, the best shopping experience, and on and on concentrated in that area. Yes, the weather and traffic both suck often but that's not going to be a major factor once we go totally wireless and will be able to work during our commutes. For example, Google already transports many Bay Area workers to and from the campus in luxury buses equipped with Wi-Fi and self-driven cars will be here before we know it.
Weather outside not a factor when you are hanging out in cafes, working in sprawling open-area campuses, and being essentially chauffeured in luxury wherever you want to go.
So buying a home in the Bay Area is probably one of the best investments you can make right now, especially if you are young and have high-tech skills.
Ditto for other fast growing high-tech areas such as which you will find in states like Texas, Massachusetts, New York, North Carolina and Colorado.
We complain a lot on this board about how manufacturing jobs are going overseas and whatnot but that is not our future. Soon, all manufacturing will be done by robot - and the robotics technology is being developed here in the U.S.
If only we could get the damn government out of the way, our economic future here in the U.S. is very bright indeed. I would love to be 22 years again and just coming out of college with an engineering degree.
That’s only in San Francisco and along the coast. Where there are mountains between you and the ocean (most of the Bay Area) the summers are very pleasant, highs in the 80s generally.
“yuk why would anybody want to live there, it is filthy, it is cold in the summer, people let their houses go to hell, it is communist, and it is unbearably expensive”
I don’t know what you think you are describing, because it sure as hell isn’t here in California. The house across the road from me sold ten years ago for $1.6 million and is now on the market for $2.49 million. Drove from here to Salinas and back yesterday and didn’t see: 1) any Communists, 2) no filth, 3) it was 75 degrees and 4) no houses “going to hell.” I guess 1 out of 5, for you isn’t so bad.