11–20 of 62 posts
I thought about investing, but it seems that mortgage lenders now expect a 40% down deposit on the property.
Glad to be one of them. We'll see if I make it back to the good ole Bay Area.
Did you move out of bay area completely, or to a place more affordable. Am in cupertino and been thinking should I move or not?
Glad to be one of them. We'll see if I make it back to the good ole Bay Area.
Did you move out of bay area completely, or to a place more affordable. Am in cupertino and been thinking should I move or not?
I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more financially stable.
Earlier quoted context omitted.
Did you move out of bay area completely, or to a place more affordable. Am in cupertino and been thinking should I move or not?
I'm originally from the Midwest, so I moved back with my parents for a bit of time. Luckily, I'm a massive minimalist so it was easy for me to just pack up and drive across the country without any issues. I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more finan…
16% is not alarming to me given the situation and how ridiculous real estate is in SF. I expected a higher number than that.
Annualize it though!
Realestate figures always have so many adjustments that I can’t tell what anything means.
Earlier quoted context omitted.
I'm originally from the Midwest, so I moved back with my parents for a bit of time. Luckily, I'm a massive minimalist so it was easy for me to just pack up and drive across the country without any issues. I'd like to come back, but my company has consider allowing me to stay here. If it's with the same pay, it would be a no-brainer. But I do love/will miss the Bay Area. I'll probably be back when I'm a bit more finan…
I think there's still a nationwide housing shortage, not just in urban centers. In SF and NYC, this means you get people making six figures with 3 roommates. Moving out doesn't change that there's a shortage, but it spreads it around. Some people will move in with their parents, and some will hopefully keep their coastal salary, move somewhere cheaper, and push lower income people into roommate situations. I'm expect…
I enjoy looking at Zillow data and everything in the range I am looking at is racing back to 2018 prices, mainly driven by foreclosures. I thought about investing, but it seems that mortgage lenders now expect a 40% down deposit on the property.
Earlier quoted context omitted.
I think there's still a nationwide housing shortage, not just in urban centers. In SF and NYC, this means you get people making six figures with 3 roommates. Moving out doesn't change that there's a shortage, but it spreads it around. Some people will move in with their parents, and some will hopefully keep their coastal salary, move somewhere cheaper, and push lower income people into roommate situations. I'm expect…
It's already spreading here, unfortunately. Ten years ago, folks in the closest metro area to me used to be able to rent for $500/mo. Now, the equivalent places would be $1200/mo. Buying has gone up even more. It's great to see the place grow and become popular, but its affordability made it so charming and live-able.