Comments on: Additional food for thought churning in my head http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/ Musings about mi vida geeka Sat, 11 Oct 2008 19:55:06 +0000 http://wordpress.org/?v=2.5.1 By: Cynthia http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-36 Cynthia Thu, 29 Mar 2007 04:02:01 +0000 http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-36 re 3) It wasn't that way in the past. My parents were able to buy their house on one income back in '61; money was tight, but it was doable. My father wasn't a white-collar worker back then. Now, that collar has to be whiter than white and the pockets full of green. re 3) It wasn’t that way in the past. My parents were able to buy their house on one income back in ‘61; money was tight, but it was doable. My father wasn’t a white-collar worker back then. Now, that collar has to be whiter than white and the pockets full of green.

]]> By: Kragen Sitaker http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-35 Kragen Sitaker Thu, 29 Mar 2007 02:48:12 +0000 http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-35 I thought mostly people bought houses in the Bay Area by being rich, not middle-income. I thought mostly people bought houses in the Bay Area by being rich, not middle-income.

]]> By: Cynthia http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-38 Cynthia Mon, 26 Mar 2007 03:16:17 +0000 http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-38 re: 1) You should see what's going on in my part of Fremont, people are paying almost a megabuck for almost 50 year old houses, then tearing them apart for McMansions. A bunch of the newer families in my neighborhood have small children, but it seems that they're doing this on more than one income. Single middle class buyers are probably going for the townhomes first. Bill and I looked at the condos down the street from you, and I left freaking out from the cost and the scary mortgages. re: 1) You should see what’s going on in my part of Fremont, people are paying almost a megabuck for almost 50 year old houses, then tearing them apart for McMansions. A bunch of the newer families in my neighborhood have small children, but it seems that they’re doing this on more than one income.

Single middle class buyers are probably going for the townhomes first. Bill and I looked at the condos down the street from you, and I left freaking out from the cost and the scary mortgages.

]]> By: Michael Rawdon http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-37 Michael Rawdon Sun, 25 Mar 2007 22:11:30 +0000 http://warriorgoddess.org/yats/2007/03/24/additional-food-for-thought-churning-in-my-head/#comment-37 I think the preponderance of DINKs (dual-income/no kid couples) in the Bay Area is a significant factor in the housing prices. Beyond that, I think the limited amount of land and the nice climate are the other drivers. So yeah, I think that for the most part single middle class individuals don't buy into the local housing market very much, and when they do I would bet it's in the outlying areas (South San Jose, etc). I think the preponderance of DINKs (dual-income/no kid couples) in the Bay Area is a significant factor in the housing prices. Beyond that, I think the limited amount of land and the nice climate are the other drivers.

So yeah, I think that for the most part single middle class individuals don’t buy into the local housing market very much, and when they do I would bet it’s in the outlying areas (South San Jose, etc).

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