7/11 Top cities to live in the US. Northern Cal towns got mentioned a few
times. Go Bay Area!!! Northern Cal >>> Southern Cal. We are the best!
Go Mill Valley, Saratoga, Aptos, Benecia, and Petaluma.
Proof that California >>> Rest of the US!!!
http://money.cnn.com/best/bplive/top100_1.html
\_ I regard any list with Chino Hills on it with the utmost
suspicion. As someone who lived in LA and SF, though, I think
San Diego is the best place in CA. Nice weather, lots of single
women, good quality of life, close to LA but not in it.
Somewhere like La Jolla would rock.
\_ Dude...they have COMPTON on that list!!!
\_ I don't see it. What number?
\_ Coronado is indeed BEAUTIFUL, but if the median household income
is $72000 and the average home price is over 1 million dollars...
then something's really screwy here.
\_ Naperville, IL has a median household income of $96,000 and
average home price of $311,000. Compare that to California
where it is not unusual that average home prices are 10X the
household income. Based on unaffordability, I failed to see why
they even bother to put in CA cities. I guess it makes sense
if you bought houses in the 80s or inherited land.
\_ Wait until you see how big that house in Illinois is, too.
It's probably 3x the size of the average house here. However, it
is in Illinois. I wouldn't move there if you paid my mortgage
for me.
\_ nah, Naperville is not that cheap. $300K will likely get
you a nice 1800 sq ft townhouse, but that's about it.
A suburb of chicago, it's a pretty nice city, but not
comparable to the bay area in terms weather, outdoors
activities, places to go within 4 hours drive, and
cosmopolitan demographics.
activities, places to go, and cosmopolitan demographics.
\_ 5 bedrooms, 2 baths $374K. 3/2 $239K. $500K gets you
a 3000+ square foot house.
\_ yes, that sounds about right. How much is a
decent 1800 sq ft townhouse in the Bay Area
(say Fremont) these days?
\_ $500-700k
\_ Sister's 2/2 in Walnut Creek is $595K. I saw
a 3/1 1600 square foot SFR in Naperville for $200K.
\_ but the SFR is likely old and crappy.
\_ Sure, just like it would be here in CA but
cost 3x as much.
\_ don't worry, the price/rent ratio between
naperville and bay area will eventually
start converging, one way or another.
A $200K townhouse in naperville rents
for about $1300.
\_ Yeah, but it will probably be home
prices going up in Illinois. You
still make more money over the long
run by buying, even in California.
There is a global savings glut right
now, driving down yields, forcing
investors into things like rental
property. |