Re:Bay Area hammered by loss of jobs: Lack of affordable hou...
by cdkee on Monday October 23, 2017 @07:17PM
(#15537743)
I'm 26, and I just bought a 2 bed 1 bath 850 sqft condo in Santa Clara for 570k.
My payments are insane, basically 4k a month. I'm able to get by because my wife works too so we aren't entirely living hand to mouth.
Since I bought in June, an identical condo in the same complex sold for around 600k.
It really burns when you consider that even in Sacramento you could probably get a full sized single-family home for what I paid...just at the cost of being further away from work.
I've been living in the Bay Area since I was 7, and I've almost been priced out of it. Does not feel good.
My payments are insane, basically 4k a month. I'm able to get by because my wife works too so we aren't entirely living hand to mouth.
Since I bought in June, an identical condo in the same complex sold for around 600k.
It really burns when you consider that even in Sacramento you could probably get a full sized single-family home for what I paid...just at the cost of being further away from work.
I've been living in the Bay Area since I was 7, and I've almost been priced out of it. Does not feel good.