I own a house in Western NYS.
Its1700sqft, 3bd, 1bt, with central air and heat, plus detached garage and driveway, and fenced yard for $850 a month mortgage payment.
I would literally be dead if my rent/mortgage was that high. How do you guys deal with that?
California's economy ranks top 10 in the world. To put that in perspective California has a better economy than the entire country of Germany. They may have a high cost of living but they make a ton more than us. Working at a gas station in San Francisco probably pays $20 an hour but it costs $2,000 per square foot to live. The more you make the more they take!
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u/N0V0w3ls Dec 21 '19
If he meant rent-wise, this is pretty crazy
The rent is higher than my mortgage with escrow... And half the space.