6/24 What is the condo market in SJ right now? What can I get for say...
$400K?
\_ May I suggest that you buy a townhouse instead of a condo? I don't
think you'll stay in that condo for very long. You want to get
married and start a family right? single family house is the
best choice, townhouses next, and condos last.
\_ nice condo for $400K. you must be looking in nice neighborhoods
\_ ummm, no. a nice condo in a nice part of sf will run you $600K+.
$400K will get you an ok condo in medium to low priced areas
in the city. take it from someone who just sold a 2bdrm condo
in the city for almost double that.
\_ SJ == SF??
\_ a new 3 bdrm condo in Sunnyvale was $600,000 in 2000. That's why
I left the fuckin' Silicon Valley. The bubble's gonna burst soon.
\_ And what happens then? Prices drop by *GASP* maybe 10%. Housing
prices are not options. Face it. Most of us (us meaning folks
who do not make >$80) will never be able to afford better than
renting here in the Bay Area for the next twenty frickin' years.
\_ Not that I think that will happen but prices can fall by
30% or 50% sometimes (Japan, Singapore, Hongkong, etc.)
after a bubble. |