What is median home price so expensive in Bay Area?
The other day someone found this blog by searching for “What is median home price so expensive in Bay Area? ”
Isn’t the answer obvious? It’s because it’s the Bay Area.
Stock options.
Millionaires.
Smart People.
Special.
Not making any more land.
Everyone knows that real estate only goes up.
Frankly, if you had to search for that – I’m not sure you deserve to live here.
October 20th, 2007 at 9:47 am
It’s not even those things, the answer is right under your nose.
“What is median home price so expensive in Bay Area”????
Apparently no one here has noticed that a native speaker of English is much more likely to have entered the search string, “Why is the median house price so high in the Bay Area” or “Why’s Them Houses So Damn Expensive Around Frisco”.
And therein, besides some fun picking on Chindianlish, lies the answer. The US Dollar is tanking and the whole world (except the US, give us a while) knows it. A Canadian dollar is 1.03 US Dollars as of yesterday, and the US Dollar is only heading down from there.
So, our intrepid questioner is only asking a reasonable question: Why can’t he trade a good water buffalo and one of his daughters for a house in the BA? Or will he have to wait until next week…..
October 20th, 2007 at 12:21 pm
Or the non-native English speaker has finally realized that his shiny new job at Intel will never buy him a decent house.
I bet his next search was “Why I waste four years of my life in grad school?”
October 20th, 2007 at 1:32 pm
His shiny new job at Intel will indeed get him a decent house, as long as he isn’t paid in US Dollars.
October 20th, 2007 at 7:11 pm
Hey, if he’s on an H1B he’ll do just fine. He buys the place with two interest-only ARMs, he goes to school and then works out the rest of his time at Google or Yahoo, and then he leaves the country. Eventually the bank realizes that he’s gone and trashes his credit rating, but what does he care? He’s never coming back here.
October 21st, 2007 at 10:03 am
Then the house ends up a REO property, sits for years uninhabited, unless you count the fact that it becomes a “squat” inhabited by the American whose job the H1B took!
See? It all works out!