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(LA Times)   Real estate experts say low priced homes in California are becoming very scarce, as long as you consider a two bedroom fixer-upper in Pacoima for $314,000 as low priced   ( divider line
    More: Followup, Stan Humphries, Zillow, real estates, RealtyTrac, escrow, Moreno Valley  
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1027 clicks; posted to Business » on 13 Oct 2012 at 10:09 AM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2012-10-13 02:24:57 PM  
3 votes:

gingerjet: I just moved to California so I'm getting a kick.

//still own my house in MN
///which has a monthly mortgage on it that is 1/3rd of my rent in CA

So you are looking California and feeling Minnesota?
2012-10-13 11:52:50 AM  
1 vote:
Here's an idea. Don't live in some of the most expensive cities on the earth without a job that can support it. All these people saying they can't find homes in SF or NYC. Go somewhere else, seriously.

Can you become gainfully employed in Detroit? If so, there are some extremely nice areas, it's not all Somalia-type neighbourhoods. And a nice house there that would be about $500,000 in any other city is about $100,000, if that. It's insane.

Or take the commute and live far away. A 2 hour round-trip commute to me is worth saving $150,000 off the price of a home.
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