Quote:
Originally posted by wonderwench
Incorrect Sparhawk. In the SF Bay Area, the median price of a home exceeds $500K - this includes condos and homes in the outreaches of commute hell. In Silicon Valley proper, $200K puts a couple solidly in the middle class lifestyle definition - just able to qualify for the mortgage on a 3 bedroom 2 bath tract home.
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The purchase of which they can then subsidize through tax credits. Here is my violin for that "poor" couple:
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But if you're talking medians, it's pretty worthless to pick out Silicon Valley and the Bay Area - they FAR exceed those of the rest of the country (both income and home value).
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