Affordable California Living?? - Beyond Tiki

H Hanalei_Pirate Member Joined: May 15, 2003 Posts: 136	H Hanalei_Pirate Posted posted on Tue, Aug 12, 2003 4:58 PM On 2003-08-12 12:54, Tiki-bot wrote: Having a family seems like a rich person's luxury to me at this point....I just bought my house in December, which may have been near the top of the market, but the SF Bay Area is a very impacted area (i.e. no new homes being built - there's no room!) I, too, look at my house as my retirement. It's unlikely that social security will even exist when I retire, I have no gov't or corporate pensions like many of our parents did. My only option, besides meager 401ks and Roths, is to buy property in the Bay Area, build equity, buy up whenever possible or necessary, then sell and move out of state when retired....Yes, depressing. Yeah, no wonder I'm depressed! You know when I got a house finally after going through nearly 2 years of hell - I thought I would feel safer or happier - it doesn't work that way - I still drive by all the nice houses in better areas and wish I could buy one of those! We only have 865 square feet and no AC and are really suffering now that it is summer time (if we ever can afford it, we are gonna put in central AC and heating) - and everyone's house is bigger and nicer than ours. I feel like I am living paycheck to paycheck with no security - many times I just wish we would have stayed in our little apartment in Silverlake because we had money in the bank and if anything happened job-wise, we only had to come up with $900 a month in rent! Yeah, I actually wished we still lived in that apartment and I practically drove myself crazy trying to leave there..... I understand it has been worse in S.F. area for a long long time - even before L.A. started getting ridiculous - and I also hear parts of San Diego are just as unaffordable such but I also hear that Oceanside is still underpriced - does anyone know about this?

On 2003-08-12 12:54, Tiki-bot wrote:
Having a family seems like a rich person's luxury to me at this point....I just bought my house in December, which may have been near the top of the market, but the SF Bay Area is a very impacted area (i.e. no new homes being built - there's no room!)
I, too, look at my house as my retirement. It's unlikely that social security will even exist when I retire, I have no gov't or corporate pensions like many of our parents did. My only option, besides meager 401ks and Roths, is to buy property in the Bay Area, build equity, buy up whenever possible or necessary, then sell and move out of state when retired....Yes, depressing.

Yeah, no wonder I'm depressed! You know when I got a house finally after going through nearly 2 years of hell - I thought I would feel safer or happier - it doesn't work that way - I still drive by all the nice houses in better areas and wish I could buy one of those! We only have 865 square feet and no AC and are really suffering now that it is summer time (if we ever can afford it, we are gonna put in central AC and heating) - and everyone's house is bigger and nicer than ours. I feel like I am living paycheck to paycheck with no security - many times I just wish we would have stayed in our little apartment in Silverlake because we had money in the bank and if anything happened job-wise, we only had to come up with $900 a month in rent! Yeah, I actually wished we still lived in that apartment and I practically drove myself crazy trying to leave there.....

I understand it has been worse in S.F. area for a long long time - even before L.A. started getting ridiculous - and I also hear parts of San Diego are just as unaffordable such but I also hear that Oceanside is still underpriced - does anyone know about this?

Post #47536 by Hanalei_Pirate on Tue, Aug 12, 2003 4:58 PM