The term, which you don’t hear so much these days, suggests that pay here is comparatively less than elsewhere because people want to live in San Diego. It was often invoked in the sports world, particularly regarding the great Tony Gwynn, who remained a San Diego Padre his entire career even though he could have received more money signing on with another team.
San Diego’s home prices aren’t as high as San Francisco’s, but neither is its household income. That combination pushed San Diego just ahead of its northern counterpart in OJO’s latest monthly ranking. The rise in housing costs has been dizzying, putting houses and apartments out of reach for more and more people. A recent report showed inflation here was above the national average and among the highest anywhere in the country. Electricity and water rates are going up substantially, and then there’s the price of gasoline.
Source: Real Estate Daily Report (realestatedailyreport.net)
Taxes are pretty expensive here. We get taxed for everything. Makes it very hard to keep our paychecks.
Well, San Francisco's property is also devaluating with all those crimes rising thanks to Democrat's 'compassionate' laws for criminals.
Wow
JLiverless what is this
This is good news. Keep the riff raff from moving into my neighborhood.
Thx MayorToddGloria & all those b4, who allowed investors 2 bulldoze the market w/cash overbids while enticing deep pocket developers 2 throw up tinier & tinier boxes 4 exorbitant prices! You only care to create a haven for the rich & the tourists. To hell w/your residents. 🤬
nycsouthpaw *commiserates in Vancouver*
Thanks SDGE
san diego nimbys are the trashiest nimbys in the country.
nycsouthpaw That’s why nobody cared when the Chargers left town
sure as if we haven't long ago informed Democrats that removing base jobs & truly affordable housing would case this economic condition AffordableHousing less than 8% of non-union private sector workers can actually afford & Rags in Town PU$HN for rich help keep them in power
It's OK, those Military Base Housing Allowances will cover it and continue to drive prices up
Time to begin relocating the military to areas that need the economic stimulus
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