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Old 02-07-2010, 10:46 AM   #9 (permalink)
bencelest
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Default Re: recovery after the freeze

Tammy: I was only kidding when I said 8 million dollars. Those are only for exclusive neighborhoods only the rich can afford. But for us middle class, truthfully If you have $400K right now you can get a very decent house in San Diego, CA within a driving distance to the beach. Let's say 25 miles. But not 2 acres. one acre maybe but then you have to go further away.
The reason I know this was I tried to look for a house recently last month because I thought my other kid would go to college in San Diego and I thought it would be cheaper if two of them can live in a house cheaper than living in the dorms. It turned out that my other son choose to continue his studies locally.
Between 300K and 400K you can buy a 3to 4bd 2-4 bath house now because of the economic downturn which usually will sell for 6-800K.
You can plant your bananas and guavas and papayas and mangoes without fearing for the frost. Also you can go to the beach everyday.
There are so many beaches here you don't know where to go.
I have 4 realtors who are still emailing me available houses. Twice I flew to San Diego to look for a house and that's when I had a chance to see Tony of San Diego.
If you want I can give you their numbers.
But before you commit yourself, think of the property tax you have to pay every year. Lots.
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Last edited by bencelest : 02-07-2010 at 10:52 AM.
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