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To: John Vosilla who wrote (2210)4/14/2014 11:38:32 PM
From: tejek  Read Replies (1) | Respond to of 2722
 
And I know this has become a thing between us but CA prices are not out of whack for Californians. Its just as normal as the low housing prices in upstate NY or in PA. I would be more concerned with the low prices in those two places than the high prices in CA.

I am all for reasonable priced housing for the middle class.. Must be part of my DNA. I see how people do suffer living in the roller coaster ride in very high priced unaffordable areas as well as very low priced depressed areas with no equity or incentive to refurbish as well. We've never had such a divergence as we do today.

The affordability issue is a tricky thing. In a recent study and despite its high housing prices, the Seattle metro was considered more affordable than many metros with much cheaper housing. Why? Seattle incomes for the average worker are much better.