NorCal Housing

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01-27-2016 | 05:45 PM

#31

jsled

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From: 737 CA

Quote:

Originally Posted by Gilligan13

Sac isn't bad. Davis would be the spot. Denver isn't that much cheaper and there is a reason people want to live here.

My problem is I moved to Denver 13 years ago. It's not expensive at all for me. Moving to Cali, which I would love to do, seems almost impossible. That is, unless I don't mind driving 2+ hours to work. Yuck.

01-27-2016 | 07:41 PM

#32

Winston

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From: Skeptical

Quote:

Originally Posted by jsled

Moving to Cali, which I would love to do, seems almost impossible. That is, unless I don't mind driving 2+ hours to work. Yuck.

You gotta just get into a groove: zen out on a couple of podcast/Audibe, or put on the Giants game and relax. You know it's an even year, right?

WAY better than being a slave to your mortgage.

01-28-2016 | 05:17 AM

#33

Sparta

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From: Left Seat

Quote:

Originally Posted by Winston

You gotta just get into a groove: zen out on a couple of podcast/Audibe, or put on the Giants game and relax. You know it's an even year, right?

WAY better than being a slave to your mortgage.

The pilots who bought closer in to SFO over the past twenty years have seen a lot more house appreciation than those who bought in the far flung suburbs...

01-28-2016 | 07:08 AM

#34

Winston

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From: Skeptical

Quote:

Originally Posted by Sparta

The pilots who bought closer in to SFO over the past twenty years have seen a lot more house appreciation than those who bought in the far flung suburbs...

I don't doubt that, but we're talking about buying NOW. If I could have picked up a place in the bay in 1996, I'd be smiling big time, but since then you've seen home price increases that I cannot imagine being replicated again.

Besides, trying to swallow the mortgage on a $1.5M house on an a newhire salary (I believe that was the OP's situation) is, in a word, impossible. 100 miles away that same house in a good neighborhood could be bought at a third the price.

Dig these charts for,

The Bay Area:

SF itself:

01-28-2016 | 08:05 AM

#35

PA Slammer

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From: 737 FO

So 1+30 out of SFO isn't unreasonable then? Kind've spoiled right now with 8 acres and plenty of woods to dirtbike and atv on.

Surprised some suggest as far away as Tahoe.

I might start looking a bit more, but still have this idea that I'll hate myself after taxes and the like...

01-28-2016 | 09:12 AM

#36

intrepidcv11

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Quote:

Originally Posted by PA Slammer

Right now, I'd say it's a stretch to say 1.5 hours is reasonable for a middle-upper income couple w/a kid. Given the mentality of the typical airline pilot, I'd say no chance in Hades to find reasonable. It's awful hard to say the drive is 1.5 hours without traffic cause Bay Area traffic is early and often. Sorry mate but rule number one about California; if you are going to dwell on the taxes, don't bother trying it.

01-30-2016 | 09:40 AM

#37

Gilligan13

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Quote:

Originally Posted by jsled

You would have to sell your home in Denver since it's peaking and rent until the market in the bay tanks. Taxes are not that bad since property tax is so low. You could get a home in Benicia in the 500k range and be 15 mins to the BART. There are deals they just go quick.

01-30-2016 | 09:42 AM

#38

Gilligan13

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Quote:

Originally Posted by intrepidcv11

If you were commuting to Oak 1.5 would be possible from Sac. Between 10-2 that would be possible at Sfo.

01-30-2016 | 10:13 AM

#39

rp2pilot

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From: Airbus 320 Captain

Quote:

Originally Posted by Gilligan13

If you were commuting to Oak 1.5 would be possible from Sac. Between 10-2 that would be possible at Sfo.

2 hours from Sac to SFO no traffic unless your willing to do 95mph down highway 80 , and we don't have mainline flying out of Oakland.

Foothills east of Stockton will give you most bang for your buck. Calaveras County has decent schools and land is reasonably cheap.

I'd also look in the Lodi area. Nice town about 15 mins North of Stockton .. that'd be right at 1+45 to SFO, no traffic.

01-30-2016 | 03:57 PM

#40

UalHvy

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Quote:

Originally Posted by SeamusTheHound

I don't live in NorCal, or even California for that matter, but I do have this question for those who would say that it's "not worth it" to live there:

If these areas that are so expensive are not "worth it" to live there, then why is there so much demand that is driving the housing market so high? Obviously lots of people are willing to pay to live there, creating demand and scarcity.

Always struck me that it's more expensive to live "somewhere" than it is to live "nowhere."

Exactly. Not to mention that I was walking around in a t shirt and shorts today. One down side....you will likely have to mow your grass in January and February.