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Originally Posted by tiggerfink
I saw those house prices and nearly fell out of my chair. A 2,000 sqr ft house is over a million. My 3,000 sqr ft house is only about 210K.
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Believe it or not, you get used to it. You have no choice except leaving. Tax rate here is also 1.9% (do the math) plus $407/month HOA fees. I feel fortuante to have about a 12000 sq ft lot. The 2000 sq ft homes have no yard. The house takes up the entire lot and what appears to be the yard is open space or golf course. Those houses were "only" about 600k or $700k two years ago. The market has been good to San Diego homeowners. Bad to would-be buyers.
Also, this particular area Rancho Santa Fe/Carmel Valley/Del Mar is one of the most expensive real estate markets in the country. It's crazy here and I suspect that it's gonna get worse.
You could get a run down shack in the ghetto (drug/hookers/police/bars on windows) for about $400k, but don't park your Benz on the street. As a matter of fact, don't drive it down those streets.