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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (44041)11/3/2005 3:48:51 PM
From: damainmanRead Replies (2) | Respond to of 306849
 
Yep. Back in 1998 to about 2002, tech workers could buy the same home for about 100k less in Salinas and have about a one hour commute to SV. Now, with higher gas prices and home prices about even, I don't see why anyone from SV would still buy in Salinas.



To: bentway who wrote (44041)11/3/2005 9:13:06 PM
From: XBritRead Replies (1) | Respond to of 306849
 
Housing prices throughout Santa Cruz county have close to the worst price/income affordability ratios in the state, I believe. Related to commuters to SV co-existing with dirt poor farm workers.

Other than the Steinbeck museum, downtown Salinas is best seen once only, and from a fast moving car.

Hell, Tracy and Modesto are exurbs of SV now.


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