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Senior Member
Originally Posted by
tschau
just simlpe capitalist
Not that there is anything wrong with Capitalism.
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Frozen Chosen
You will own nothing and be happy. ~Klaus Schwab~
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Senior Member
Originally Posted by
Pentecali
For a very modest new home, low $2 MILLIONS.. NO Yard, NO Upgrades (that's extra$$), they look like apartments jammed up to each other ..
A normal house? 3 Million & up.
What about you?
Is that one in Silicon Valley? The tech people who work in those companies are earning huge salaries and driving up prices. Unfortunately, "normal folks" who earn normal salaries are completely priced out of the market. Also, my understanding is that California has very restrictive zoning that blocks the construction of affordable housing.
Here in NJ the prices are high but no where near those of Silicon Valley. And, due to an NJ Supreme Court ruling, every town is required to make space available for affordable housing. So, even in wealthy towns, you'll see plenty of mansions but also condo/townhouse complexes and apartments.
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Senior Member
Originally Posted by
njtom
Is that one in Silicon Valley? The tech people who work in those companies are earning huge salaries and driving up prices. Unfortunately, "normal folks" who earn normal salaries are completely priced out of the market. Also, my understanding is that California has very restrictive zoning that blocks the construction of affordable housing.
Here in NJ the prices are high but no where near those of Silicon Valley. And, due to an NJ Supreme Court ruling, every town is required to make space available for affordable housing. So, even in wealthy towns, you'll see plenty of mansions but also condo/townhouse complexes and apartments.
Pretty much nailed it.
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Senior Member
Originally Posted by
tschau
just simlpe capitalist
John, I found you a new friend
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