#5 Real Estate News & Current Events Contributor
- Investor
- Poway, CA
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Average San Diego home price is $1M
#5 Real Estate News & Current Events Contributor
- Investor
- Poway, CA
Greater association of realtors states average San Diego home price is $1M. This is an astonishing number when the median family income is $85K.
San Diego home prices have seemed high for at least 40 years, but $1M average price just makes the "sunshine tax" very apparent.
I recognize it is not cheap to live in an area that has the climate of San Diego, but society needs service people. Everyone needs a place to live. It is a difficult issue.
Most Popular Reply
#3 Investor Mindset Contributor
- Handyman
- Pittsburgh, PA
I live in a duplex I paid $45K cash for in 2017. I rent out the top floor for $930 and live downstairs.
"If you're not yet wealthy but want to be someday, never purchase a home that requires a mortgage that is more than twice your household's total annual realized income." Thomas Stanley, The Millionaire Next Door.
It works. You just have to give zero f**** about what broke people think.