Thursday, February 18, 2010

I'm Going Back To Cali

Hi People.
Even though home prices are better than wedding cake and interest rates are lower than a demon's anklet, we San Diegans have been named the "13th Most Unaffordable County In The U.S.". How can that be?
Well, we don't earn that much income. The last quarter told us that the median household earned only $74,900. That's Mom, Dad, dead-beat brother-in-law, Grandma (Grandpa's not with us any more) and the kids (paper route ain't what it's cracked up to be). Only 48.1% of San Diegan's can afford a median priced home at $319K.
The good news. 11 out of the top 20 most unaffordable counties were in California. Why is that good news. That's good news because we are where everyone wants to be. That's why we're unaffordable. Places like Enid, Ok. will not be (or ever be) on the most unaffordable list. LL Cool J did not (or ever will) do a song named "I'm going back to Enid, Enid, Enid".
Click on the link to see the article.
God Bless.