Berkeley CSUA MOTD:Entry 38549
Berkeley CSUA MOTD
 
WIKI | FAQ | Tech FAQ
http://csua.com/feed/
2025/07/08 [General] UID:1000 Activity:popular
7/8     

2005/7/12-13 [Finance/Investment, Reference/RealEstate] UID:38549 Activity:low
7/11    http://money.cnn.com/best/bplive/topten/earners.html
        Saratoga has the 7th highest median income in the US, trailing
        behind Great Falls VA, Darient CT, New Canaan CT, Wilton CT, and
        others. What the heck do people do in VA and CT that make them rich?
        \_ Pretty shocking that these are ahead of places like Beverly Hills.
           Anyway, the CT people work in NYC. The VA people rip off the
           government.
           \_ The residents of places like Beverly Hills and Brentwood probably
              don't have high incomes but instead high net worth.
              \_ Brentwood is not a city. BH's median income was $91K (2000).
                 What you say is true, but you don't buy a $2M house by
                 making $91K. The "slums of Beverly Hills" must drive down
                 the median.
                 \_ Also, many SoCal places (e.g. Manhattan Beach and Laguna
                    Beach) have had a huge run-up in the last few years.
                    Long time residents might not have the income of people
                    who might be buying in now.
                 \_ I went to Maggiano's once and overheard 3 real estate
                    agents talking about how hot the market is, and one of
                    them said his dream house is to buy this condo in Santa
                    Monica, 1100 sq ft, is really close to 3rd Street and
                    overlooks the beach. It starts at 1.5 million dollars.
                    Then he said he sold one of them last week, and the other
                    agent said "Jesus! What kind of people buy these places?"
                    and he replied "Oh, she works for the Judge Judy
                    production."
        \_ Only for cities with population over 14000, thus eliminating the
           truly posh towns.
        \_ The amusing list is the top 10 priciest homes.
           http://money.cnn.com/best/bplive/topten/homes.html
           \_ What's so amusing about it? If you have money, anywhere is
              a good place to live.
              \_ It's amusing that 9 of 10 are in CA.
                 \_ It'll more amusing when they go down by 20% of their
                    value in 3 years.
                    \_ Drat, so in 3 years I'll only be up 115% since I bought
                       my house?
                       \_ :-)
                       \_ I piss in your general direction.
              \_ Actually, no.  Some places are awful to live in, especially
                 if you have money.
2025/07/08 [General] UID:1000 Activity:popular
7/8     

You may also be interested in these entries...
2013/7/31-9/16 [Reference/RealEstate, Finance/Investment] UID:54720 Activity:nil
7[31    Suppose you have a few hundred thousand dollars in the bank earning
        minimum interest rate and you're not sure whether you're going to
        buy a house in 1-5 years. Should one put that money in a more
        risky place like Vanguard ETFs and index funds, given that the
        horizon is only 1-5 years?
        \_ I have a very similar problem, in that I have a bunch of cash
	...
2011/9/21-11/8 [Finance/Investment] UID:54178 Activity:nil 63%like:54180
9/21    I'd like to run a test algorithm on the stock market. Where's a
        good source to get stock market price (minute-per-minute resolution)
        from?
        I've been away procreating. Looks like wall is no more. Where have all of
        the old-timers gone to chat/argue/share? How are we all communicating these
        days. Sorry for the ignorant questions. :( -- joeking
	...
2011/8/7-27 [Finance/Investment] UID:54157 Activity:nil
8/7     Can one of you stock market gurus explain the impact of the
        S&P downgrade to AA+? What would this mean for bonds and stock
        market in general?
        \_ stock volatility is up, and I'm making money! -week trader
           \_ made several $$$ yesterday from the panic.
              I love volatility.                -week trader
	...
2013/8/1-10/28 [Reference/RealEstate] UID:54722 Activity:nil
8/1     Suppose your house is already paid off and you retire at 65.
        How much expense does one expect to spend a year, in the Bay
        Area? Property tax will be about $10K/year for a modest $850K
        home. What about other stuff?
        \_ I think at age 65, health insurance is the next biggest expense.
        \_ I am thinking that we can have a nice middle class
	...
2013/2/19-3/26 [Reference/RealEstate] UID:54610 Activity:nil
2/19    I just realized that my real estate broker has a PhD in plant
        molecular cell biology from an Ivy League school in the mid 70s.
        Now she has to deal with a bunch of young dot-comers, and they're
        pain in the ass.                        -Only a BS in EEC$
        \_ My agent used to be a hardware engineer.  He switched to real estate
           when he got laid off during the 80's.  Now he's doing very well.
	...
Cache (243 bytes)
money.cnn.com/best/bplive/topten/earners.html
OnBoard Based only on data for more than 1,300 cities in the Best Places database . Included are cities with population of more than 14,000 with above-ave rage income, population growth and real estate appreciation during the p ast five years.
Cache (243 bytes)
money.cnn.com/best/bplive/topten/homes.html
OnBoard Based only on data for more than 1,300 cities in the Best Places database . Included are cities with population of more than 14,000 with above-ave rage income, population growth and real estate appreciation during the p ast five years.