I just did my taxes today. I paid $160,417.26 to the US government in 2006. In addition, I paid $8,586.88 in miscellaneous Colorado state taxes. That's enough to turn someone republican!
"In San Francisco, a typical single-family home now runs about $713,000, up a stunning 23 percent" (http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/02/16/MNGOLBBO691.DTL)
Two bedroom condos for over a million? $5,000 a month just for *rent*? 750 square feet is a huge apartment? Two hour commutes to outlying bedroom commmunities one way? You guys in California are crazy...
Indeed. Transient bubble about to pop, or the last faint chance ordinary mortals will ever have to own Bay Area property? Only time will tell.
I'm sure glad we bought a house when we could. Here in the Bay Area, what people did in the early 90s completely determined their fate for the rest of their lives. Owners and renters are now facing entirely different futures. It's kind of hard to watch.
no subject
Date: 2007-04-02 08:40 pm (UTC)"In San Francisco, a typical single-family home now runs about $713,000, up a stunning 23 percent"
(http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/02/16/MNGOLBBO691.DTL)
Two bedroom condos for over a million? $5,000 a month just for *rent*? 750 square feet is a huge apartment? Two hour commutes to outlying bedroom commmunities one way? You guys in California are crazy...
no subject
Date: 2007-04-02 09:57 pm (UTC)I'm sure glad we bought a house when we could. Here in the Bay Area, what people did in the early 90s completely determined their fate for the rest of their lives. Owners and renters are now facing entirely different futures. It's kind of hard to watch.
no subject
Date: 2007-04-02 09:58 pm (UTC)